Chapter 473 Increase investment in Singapore
On December 12, Yang Wendong, Wei Zetao, Zhou Haoran, Zheng Zhijie, Wang Zhiqun and other senior executives of Changxing Group chartered a flight to Singapore.
Director Li, who had been in contact with Yang Wendong before, was also waiting for a large number of people from departments. He greeted Yang Wendong and others at the airport, and then set off to the relevant departments together.
"Director Li;" Yang Wendong said politely: "On the way today, I saw that Singapore's development performance is much better than this time last year."
"Haha, that is also the result of the joint efforts of countless Singaporean citizens." Director Li said with a smile: "At the same time, I would like to thank foreign entrepreneurs like Yang Sheng for bringing a large number of jobs to Singapore."
If you are an ordinary investor, even if you are worth tens of millions of dollars, in Director Li's heart, you can't compare to Yang Wendong. In fact, although the other party's industry is low-end, it can really create a lot of employment;
Although the salary is not very high, much lower than that of other industries, it is very effective in maintaining social stability. Otherwise, so many young people in their 20s and 30s are unemployed, and it is difficult to imagine what they can do. Simple industries can also directly recruit them, and they can be employed in half a day. This is really suitable for today's Singapore.
Yang Wendong also said: "I am also happy to be able to create employment for so many Chinese people. We are all from the same nation, and it is naturally the best if we can help each other."
Although capital does not distinguish between countries and races and puts profit first, it is also beneficial to help its own compatriots. At the same time, as they grow in size, they may be able to feed back to themselves.
Moreover, the Chinese themselves are the most industrious people in the world. In the past life, the mainland could develop to the first place in the industrial world. It definitely did not rely on population alone. If more people could be useful, then in the 1950s, they would have maintained good relations with Europe, America and the Soviet Union. India has already risen.
Director Li also followed up and said: "Mr. Yang, since we are so close to each other, I also know that Hong Kong is not suitable for investment now. Why don't you consider building some more Changxing Industrial factories in Singapore? I will definitely give you the highest preferential policies. ?”
"What kind of discount?" Yang Wendong asked without changing his expression: "In Hong Kong, many taxes are the lowest in the world."
In addition to being the only window between the East and the West, Hong Kong's tax rate is also very low. Coupled with the large number of highly educated people from the mainland, Hong Kong can develop into what it will be in the future, which will lead to its excellent results in the next few decades.
Singapore’s taxes are not high, but they are still higher than those in Hong Kong.
"We can also talk about taxation, but let me tell you the truth. At most, there will be discounts in the first few years. It is impossible to maintain Hong Kong's data all the time. The tax rate in each region is stipulated by law and needs to be maintained." Director Li said : "But in other aspects, we will have better policies than Hong Kong."
"Okay, since we can talk, we'll wait until all the details are settled. If there is no problem, I will also be happy to invest in Singapore." Yang Wendong agreed.
He himself wants to invest here, and he can just take advantage of the situation and obtain other benefits. Just like Hong Kong in the early days, it used industry to hoard land, and when the time is right, it can be transferred to the mainland and obtain huge amounts of open space;
Although it is industrial in nature, as long as the land is owned by oneself, even if the "industrial-to-commercial" conversion is carried out at the original price, it is still a profit, because this kind of large-area land will not be able to be bought with money in some time in the future. of.
"Okay." Director Li smiled and said: "Mr. Yang, I know that your industry in Hong Kong is not only Changxing Industrial, but also a large number of beverage, food and electronics factories. These industries are also very welcome in Singapore. ”
"Food and beverages are easy to talk about, and we can talk about them all." Yang Wendong asked: "I wonder what supporting policies Singapore will have for the development of the electronics industry in the future?"
It’s not that he wants to move food and beverages to Singapore, but these two types of products are very sensitive to ocean freight prices because of their high weight and low unit price.
If we can add a large-scale production base in Singapore, it will definitely have a very large cost advantage in exploring the local market in Southeast Asia. Especially Southeast Asia itself is also rich in grain and sugar, which is more in line with the business strategy. As for Hong Kong, For now, it is enough to continue to maintain the Japanese, Bayan and American markets, and then expand into the mainland later. This is also the reason why many companies invest in different factories around the world.
But Yang Wendong, the electronics industry, plans to put it in Hong Kong. This is part of the industry he will leave for Hong Kong in the future. Although he doesn’t know if he can keep it until after the return, he will at least give it a try. After all, he is a Hong Konger;
However, Hong Kong’s electronics foundation is too poor, and the support provided by university education in this area is not high. It is far inferior to that of Wanwan. Fortunately, Hong Kong can recruit people from Wanwan. In the past ten years, there has been no big problem. But if Singapore also There will be very high-quality electronic industry support policies and talent training policies, so he would not mind investing in Singapore, or at least a research base.
Director Li said: "The government has not yet introduced support policies for the electronics industry, because the current situation in Singapore is almost zero for the electronics industry. At the end of last year, we specially sent more than 100 people to Los Angeles, the United States, for a two-year university course. Study;
It is precisely because there is none that I hope Mr. Yang can invest in this field in Singapore. In addition, I have also negotiated with IBM, HP, Philips and other companies, and they may also invest in Singapore. ”
"It would be great for such a big electronics company to be able to settle in Singapore." Yang Wendong said with a smile.
Historically, in the late 1960s, Singapore did convince many international electronics companies to invest in Singapore. It must be said that there are reasons why Singapore has strong capabilities and can develop so fast.
It's just a pity that the British Hong Kong government has done nothing in Hong Kong and is just passively waiting for foreign investment. Otherwise, these opportunities will not come to Singapore. If the policies are similar, foreign investors will definitely choose Hong Kong, which has a solid foundation.
Director Li continued: "Any industry is concentrated together, and the scale advantage will be greater. In this regard, Singapore's future performance will definitely be high in Asia." "In this case, I will let my subsidiary Honor Electronics The team will come to Singapore for a visit to see what is suitable for investment," Yang Wendong finally agreed.
For Honor Electronics to come to Singapore, hoarding land is secondary. Leveraging Singapore's development in the electronics industry to develop itself is more important, especially at the technical level, talent level, etc. Honor Electronics in the future will definitely be lacking in these aspects. On the contrary, Yang Wendong, as a time traveler, is not worried at all about the various creative ideas and future development directions that large companies are in short supply.
But in the high-tech field, creativity alone is not enough; you must have matching technology.
"That's good." Director Li said with a smile.
Yang Wendong added: "Li Sheng, since Singapore attaches so much importance to the electronics industry, I have a suggestion. Singaporean universities should also add more subjects in the electronics industry. Only with enough local talents can we develop this industry. The greatest contribution to the success of Silicon Valley is actually Stanford University.”
"It makes sense. I will also pay attention to this aspect." Director Li was thoughtful after hearing this.
"That's good." Yang Wendong nodded.
In Hong Kong, he has also tried his best to persuade the Hong Kong government to increase the number of enrollment in university electronics departments, but after all, it is only one city, and Hong Kong did not pay attention to the electronics industry in the past, so there is an upper limit;
Wanwan next door attaches great importance to it and has many talents. However, the relationship between the two parties also means that he can only recruit a few people. If he really digs too hard, it will not be good if he is found. Therefore, if Singapore attaches great importance to the electronics industry and cultivates If you are Chinese enough, it will be good for you. It will not be a problem to dig into Hong Kong or build a R&D center and production base in Singapore.
After negotiating with the Singaporean government, Yang Wendong came to the newly opened Changxing Plaza. After walking around, he asked: "Old Zheng, are the businesses here similar to those in Hong Kong?"
"Yes, they are basically some international brand clothes." Zheng Zhijie replied: "For food, we didn't look for those from Hong Kong, but they are all Chinese, and many of the tastes are similar."
"Okay, we will establish a good relationship with these brands in the future. In the future, when we enter other places and build plazas, we also need to cooperate with them again." Yang Wendong nodded and said, "We must also learn more in the process of operating in Singapore. The location of our future expansion It can only be Southeast Asia.”
The most suitable time to invest in a commercial plaza is when the local economy is developing rapidly, because if people are developed, you cannot afford to invest, and the economy is too poor to support a plaza. In the previous life, Wanda relied on the golden development period of the mainland for decades. Rise up and become the largest commercial chain brand in the country.
"Okay." Zheng Zhijie agreed.
After watching for a while, everyone went to the top of the building and saw the Four Seasons Hotel building under construction in front of them.
Zheng Zhijie introduced: "Yang Sheng, the area and number of hotels in Singapore's Four Seasons Hotel Tower are much larger than those in Hong Kong. Once completed, it will become one of Singapore's landmark buildings."
Yang Wendong nodded and said: "It does look better. These two properties are our first large-scale investment in Southeast Asia. How we invest in Southeast Asia in the future depends on them.
They operate well, and we can rely on this data in the future to persuade the banks here to increase financing to help us expand; on the other hand, if we need our own funds, then I will not agree. ”
"Understood, Yang Sheng." Zheng Zhijie replied.
As a professional real estate businessman, he naturally understands the reason. Large real estate companies or hotels can expand rapidly, often relying on banks.
Yang Wendong added: "In addition to these two businesses, Singapore also needs to use bank loans as much as possible to purchase street shops, large areas of land or old buildings, just like our investment in Hong Kong around 60 years ago."
< br>
Although he will be bargain-hunting in Hong Kong in half a year, he will try his best to use bank funds whether it is Hong Kong or Singapore. Only in this way can he maximize his profits.
"Okay." Zheng Zhijie said with a smile: "I have already investigated a lot of these properties."
"Okay, that's it." Yang Wendong said: "In terms of real estate, we can hoard land with peace of mind, and then manage these two industries well. Wei Zetao will also continue to increase capital and build factories here. You cooperate with him, and by the way, Ask for some other benefits from the Singapore government.”
In fact, if it is just to hoard land, then there is no need for him to invest in the Four Seasons Hotel and Changxing Plaza. After all, such projects consume a lot of money, and buying land is more cost-effective.
But everything has a degree. If you desperately buy land and wait for it to appreciate in a sovereign country, you will get into trouble sooner or later. Even in Hong Kong, it will not always operate like this, so it needs to be properly built into an industry that is helpful to the economy. .
Moreover, if these two industries develop well in Singapore, they can also give their own team experience, so that they can easily expand into other countries in the future.
PS: Please give me a monthly ticket
(End of chapter)