Chapter 447 The beginning of large-scale investment in Singapore
After listening, Director Li seemed to be deep in thought.
Yang Wendong didn't say anything anymore. He also guessed that he was right. When he learned that Singapore borrowed money from international banks, anyone who is a bit sensitive would know that there would be certain conditions.
Of course, Singapore's loans are not only about container terminals, but also other areas, such as transportation, education, medical care, people's livelihood, etc. Yang Wendong cannot and does not want to control other aspects. Even if he has the ability, he cannot completely block it. People’s “business”.
It’s just appropriate. A dock is neither too much nor too little, and it’s a normal investment.
After a meeting, Director Li said: "Mr. Yang, this matter involves many important factors. I also need to negotiate with other people, but I want to confirm that you have no problem with the funds? The investment in this terminal, but It takes tens of millions of dollars.”
"I know." Yang Wendong said with a smile: "The terminal does require a lot of investment, but I also have many international banks that I have cooperated with many times and can participate in this financing need. Li Sheng should also understand this.
As long as you have this intention, I will also contact these banks and seek financial cooperation. Once the project is confirmed, there will naturally be no problem. ”
Since he is preparing to go out of Hong Kong, he will naturally need the help of overseas banks. Therefore, during this period, he has specially arranged good relations with Citigroup, Standard Chartered and even some Japanese banks, just waiting for possible cooperation today, even if there is no dock, there are other aspects.
"Okay, I need to discuss it with other people. I will inform you as soon as possible when the result of this matter comes up." Director Li naturally couldn't give an answer now, and then asked: "Mr. Yang, in terms of infrastructure construction, At present, it is indeed imperfect, but there is no big problem. Can you tell us your second factor? ”
Yang Wendong also knew that the dock matter could not be settled immediately, so he replied: "This second aspect is naturally the most basic people's livelihood, that is, sufficient employment. Today's Singapore is actually very similar to Hong Kong 10 years ago, with a large number of Ordinary people don’t have jobs;
If these people don't have jobs, they will become a destabilizing factor in society, and if too many people don't have jobs, it will also have a great impact on local economic development. ”
Before 1965, Singapore's economy was very poor. The fundamental reason was also some deliberately disgusting operations by the British. Similar to Hong Kong before 1997, of course, it was also because the political situation was still unstable, so overseas capital was not willing to invest, and local capital only wanted to invest. transfer.
Director Li agreed: "Yes, I am also planning to focus on developing light industry and learn from Hong Kong's development process, but I also need the help of overseas capital, so I also hope to reach cooperation with Mr. Yang;
I also know that Mr. Yang's company invested in many theater properties in Singapore last year. This is easy to say, but it would be better if there could be some cooperation in factories. ”
"I am indeed considering investing in a factory in Singapore." Yang Wendong nodded and said.
If you want to invest in other people's docks, you naturally have to give something extra. Your own factory is just a bargaining chip. Although you also need Singapore as a production base, on the other hand, if Singapore wants to solve employment and economic problems, it also needs people like Changxing Industrial. factory.
Director Li smiled and asked: "What kind of factory is Mr. Yang planning to invest in? How many jobs can it create?"
"Mainly the plastic industry, including trolley cases, adhesive hooks, and storage boxes," Yang Wendong replied: "According to the plan, the first phase is estimated to create employment for 2,000 people. The specifics will depend on the production status and various factors in the factory."
2000 is just the beginning. With the current growth rate of Changxing Industrial, plus some products that will be launched in the future, even more than 10,000 is possible;
However, since it is a bargaining chip, it naturally has to be done step by step. It is impossible to have a king bomb at the beginning.
"2000?" Director Li was naturally overjoyed, but he still said without changing his expression: "If Mr. Yang needs anything, you can tell me at any time."
Singapore’s total population is only 2 million, and 2,000 people are employed, accounting for 0.1%. This ratio does not seem high, but it is a good result for the country’s employment probability;
And this is only direct employment. After a large manufacturing factory is established, many suppliers will appear, and the income of these employees will also drive the nearby service industry, which may eventually lead to indirect employment of tens of thousands of people. This is for a 200-year-old For an area with a population of 10,000, this is already a very big help.
"Choosing a suitable location in Southeast Asia as a new production base is actually a very early plan within our group." Yang Wendong continued: "Singapore is also dominated by Chinese people, and I also hope to land the entire project here;
However, our group has an investment principle, which is to pool resources and invest in one place, not only in manufacturing, but also in other service industries. ”
"Singapore also welcomes foreign investment in the service industry." Director Li asked: "I wonder which service industries Yang Sheng wants to invest in?"
"The service industry is actually the third aspect I mentioned, attracting overseas tourists." Yang Wendong continued: "I hope to build a large commercial plaza and a five-star hotel in Singapore. In addition, I will also invest appropriately. Some office buildings or other properties.”
Nowadays, it will take another two years for housing prices in Hong Kong to hit the bottom. It would be a waste to keep the funds in the bank during these two years. It is just right to invest overseas;
Singapore is not a Bay. Its establishment is the result of compromise between Western countries such as Britain and the United States. Therefore, the restrictions on foreign investment are much smaller. At least commercial real estate can be invested.
After thinking for a moment, Director Li said: "As long as hotels and shopping malls comply with regulations, there will be no problem; commercial properties are OK, but residential properties are not. We currently do not allow foreign investment to participate in residential development."
"That's okay, my purpose is also commercial housing." Yang Wendong also agreed.
In the previous life, Singapore handled the residential area very well. Although the area was smaller than that of Hong Kong, the living environment for many people was much better than that of Hong Kong.
The most fundamental reason for this seems to be that in the early days, the Singaporean government always controlled the housing industry, unlike the Hong Kong government, which did not care about anything. In the end, capital took control of housing and drove up housing prices to the sky, resulting in many people being forced to live in cage houses. That environment is even worse than a prison.
Director Li added: "But Mr. Yang, this commercial property also requires government approval."
"Of course." Yang Wendong said with a smile: "Whether it is industrial, commercial or other investments, I will sort out all the data and submit it to the government. After subsequent consultations and confirmation, I will invest again."
Not every government has plans for investment in every area within its scope, especially those that have just been established, but it is not something that capitalists can decide on their own, even in the Hong Kong government.
Director Li promised: "Okay, during this period, I will send a person from the Ministry of Commerce to follow Changxing Group. If there are any questions, we can communicate immediately."
"Thank you very much." Yang Wendong said with a smile.
When it comes to large investments in multiple fields, Yang Wendong and Director Li can only discuss the big aspects. Issues such as specific location, size, etc. still require team participation in negotiation.
After meeting with the officials, the two parties set a general framework for cooperation. The legal, commercial and other departments of several subsidiaries of Changxing Group immediately began to discuss basic issues for cooperation in all aspects with the relevant departments in Singapore.
Yang Wendong took the core members of the team to a place on the edge of the Central District of Singapore.
Zheng Zhijie pointed to an open space in front of him and said, "Yang Sheng, this is where I want to build Changxing Commercial Plaza."
"How big is this area?" Yang Wendong asked.
Zheng Zhijie replied: "A total of 140,000 square feet. This is a semi-suburban area, part agricultural, part village, and a small grove. It is already the largest developable land around the Central District of Singapore."
"There doesn't seem to be anyone around this location?" Bai Yujie looked around and asked.
Yang Wendong said with a smile: "More than ten years ago, some places near Central were similar to what we have here now. But look at it now, every inch of land is very valuable. This is how real estate develops everywhere." Singapore has just been established now , international capital has not yet invested much, the real estate market has not picked up, and urbanization has not started. People’s lives are still relatively scattered;
When the economy takes off in the future, people gather together, and there is a large immigrant population, the city will develop like Hong Kong. Not to mention the surrounding areas of Central District, other places will also resemble Hong Kong towns.
Bai Yujie said: "That's true. I remember when I was a child, the towns in Kowloon were very dilapidated. Now they are prosperous, let alone Hong Kong Island. But Brother Dong, you are so optimistic about Singapore, can it be the same as Hong Kong?"
"The reason why I am more optimistic about Singapore is simple, because here are Chinese people." Yang Wendong said: "Where Chinese people gather, the economy can definitely take off."
Hong Kong, Singapore, Bay and even the mainland in the previous life are tangible evidence. The first three reached the developed level quickly because their populations were too small, but their scale could not increase. The mainland's scale was sufficient, but its population was too large. If there are too many, it is difficult to meet the "developed" standard.
At this time, Wei Zetao also said: "Mrs. Yang, there are some Chinese in many countries in Southeast Asia. They don't account for a large proportion, but they control a lot of wealth. This is enough to explain the problem."
"Yeah" Bai Yujie nodded.
Yang Wendong added: "Singapore has one thing better than Hong Kong, and that is its location. The Strait of Malacca is a global transportation artery. If it develops, it will be enough to become the most important transit station in Asia.
So I also want to invest in the wharf here. Lao Zheng, we will focus on following up on this aspect during the subsequent negotiations. In addition to shopping malls and hotels, the wharf must also be acquired, at least with a certain share. ”
"Understood, Yang Sheng." Zheng Zhijie agreed.
Bai Yujie asked: "Will Hong Kong be affected?"
"There may be an impact, but the entire Asian economy is developing and can accommodate other important ports." Yang Wendong said.
In fact, if the mainland had not opened up, after the decline of Hong Kong's industry, Hong Kong's docks might also have declined. Even after entering the 21st century, it was the central government of the mainland that took care of Hong Kong and did not build too many commercial docks near Hong Kong just to facilitate Hong Kong's trade. Leave a mouthful of rice
This is a trend. In the early days, Hong Kong was valued by the United Kingdom and became the number one port in Asia. The purpose was to benefit from the mainland market. Now times are naturally different, and the United Kingdom is gradually failing.
As for the importance of location, Singapore is even better.
Zheng Zhijie also said: "If one day Hong Kong develops a container terminal, we can also compete. No matter who is stronger or weaker, we will bet on both sides and we will definitely not lose."
"That's right." Yang Wendong agreed: "Old Zheng, Changxing Real Estate has established a subsidiary, called Changxing Infrastructure, but it does not participate in infrastructure construction, but holds shares; in the future, we will also be like some British investors in Hong Kong. , holding some long-term and stable infrastructure projects.”
It has been almost 7 years since I traveled to this world. I have already accumulated a lot of capital, but I have not yet invested in an infrastructure project with real stable income.
Ports, power plants, gas, communications, etc. have long been monopolized by Hong Kong's local British-funded consortium. When there is no change, it is almost impossible to intervene. There are only two possibilities. The first is forced acquisition, but this The times are obviously not suitable. At best, we can only start preparations now and wait for five years. The second is when the industry changes, such as the current container revolution.
Zheng Zhijie agreed and said: "Okay, no problem. I will call the legal affairs department in Hong Kong later to register the subsidiary."
"That's okay." Yang Wendong said again: "Everyone can jointly negotiate with the Singapore government according to your own plans. The core task is to build a large plastic products factory, a large commercial plaza, a five-star hotel, and... Invest in the terminal.
These four projects are the core. We can also talk about other aspects. It would be better if we can get more land to build office buildings in Singapore. There is no rush in this aspect. There will be plenty of opportunities in the future. ”
Projects that allow Changxing Group to directly engage with the Singapore government are naturally the core. In the future, these industries will definitely be the pillars of Changxing Group in Singapore, just like the office buildings in Central, Hong Kong.
As for other things, there will be plenty of opportunities in the future. For example, the earliest cinema chains will naturally expand in Singapore. But these are small matters and not worth negotiating with the government. If you have money, you can just buy land and follow the procedures.
Wei Zetao and Zheng Zhijie both agreed: "Okay, Yang Sheng."
Yang Wendong asked again: "Where will the Four Seasons Hotel in Singapore be built?"
"This is in the city center, on Orchard Road in Central District." Zheng Zhijie replied: "There is now a very suitable business environment there. We can also go and have a look now."
"Okay." Yang Wendong agreed.
Ten minutes later, everyone arrived at the Central District of Singapore. Currently, the bustling area of Singapore is not very big, and like Hong Kong ten years ago, there are not many cars here.
"This area is my favorite location." Zheng Zhijie replied: "However, there are several places to choose from. We still need to negotiate with the Singapore government. Only after we decide on the location can we decide on the room type."
"Okay, let's negotiate with the government as soon as possible." Yang Wendong nodded and asked: "Old Liu, what about Carrefour Supermarket?"
Carrefour Supermarket is now in Hong Kong. Although it is not yet a monopoly, it covers more than half of the population. Under this situation, although it will continue to expand, the investment efficiency is no longer as good as other new places. After all, 0-10 The speed is definitely developing the fastest.
Wanwan is also investing, and now Singapore is the same. In terms of development speed, Singapore is still faster than Wanwan.
Liu Huayu replied: "I arranged for people to come to Singapore for inspection in the past few months and found a total of 10 locations, so I will directly buy these land or old properties and then build a supermarket;
However, the plan is not to build 10 stores at once, but to build 3 stores first. We will send people from Hong Kong to teach, and we will also send local people to Hong Kong to learn. After the store opens, we will explore the local operation experience and some local purchases. industrial chain. ”
"Okay, Carrefour does need to do it step by step." Yang Wendong agreed: "But compared to others, yours is almost like a movie theater. Don't go through the Singapore government."
Only large projects need to find high-level government officials, while small projects can be invested directly. Carrefour’s total investment may not be low in the future, but it will take a long time.
"Understood." Liu Huayu agreed.
Yang Wendong looked at Zheng Zhijie again and said: "Old Zheng, arrange for your people to come to Singapore to draw a detailed map, and then build large buildings and important locations into sand tables. In this way, when we discuss investment in Singapore in the future, it will be clear at a glance .”
Walking through the city, you cannot understand the structure of the entire city, so in Hong Kong, there is a large sand table with large buildings in Central and Kowloon, with their own logo colors; if there are changes in the buildings in the future, then change them , in this way, Yang Wendong can see the situation of Hong Kong properties at a glance.
There is no such thing in Wanwan, because foreign investment in real estate is not allowed there. Now that Singapore is much freer, and it is ready to invest heavily, it is natural that it needs something similar.
"Okay, no problem." Zheng Zhijie agreed.
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(End of chapter)