Chapter 285 Signing Ceremony

As early as 1985, the central government adopted the "Interim Regulations on Preferential Treatment for Sino-Foreign Joint Venture Construction of Ports and Terminals", which opened the prelude to the opening up of China's port construction and operation to foreign investment.

After China's accession to the WTO in the new century, the central government even relaxed the restriction that foreign capital should not occupy more than 50 percent of the shares in ports, thus attracting foreign capital to invest in China's port construction in large quantities.

In the view of foreign capital, construction projects such as ports and terminals are investment projects with the nature of monopoly resources of the Chinese government, and private capital cannot easily enter, and this kind of investment has always been the most popular with foreign capital.

Therefore, Lin Cheng's investment in Dongjiakou Port project in the vest of Hong Kong capital was not only not hindered in the slightest, but was unanimously welcomed by Qilu from top to bottom.

After discussions, the Xiangjiang Lin's Shipping Company has reached a preliminary agreement with the Qilu government, and the two sides will each account for 50 percent of the share to jointly build Dongjiakou Port.

Of course, in order to obtain the right to build and operate Dongjiakou Port, Lin's shipping also paid a very heavy price. Later, when the first phase of the port was built in 2014, the investor paid 33 billion yuan in construction costs.

Now in 1997, after removing the price factor, the construction cost naturally does not need to be exaggerated as 33 billion yuan, but the 3 billion yuan construction start-up capital still needs to be taken out by Lin Cheng.

In just one or two months, Lin Cheng sprinkled a lot of money, the start of Binhe New City requires Lin's to pay 3 billion funds, Lin's industrial park start-up capital of 1 billion, Dongjiakou Port start-up capital of 3 billion, Quancheng, Qingdao large-scale business district project start-up capital of 2 billion, plus other large and small investments, Lin Cheng's total investment in eastern Guangdong, Qilu Province, initially reached the 10 billion mark.

I don't know if I don't know the statistics, a statistic scared Lin Cheng a lot, even if he still has a cash flow of 10 billion yuan in Xiangjiang, this huge investment expenditure still makes Lin Cheng's finances stretched.

Fortunately, the credit of Lin Cheng and Lin Group is still very good in major domestic commercial banks, and such a huge investment requires only 3 billion yuan of funds from Lin Cheng's funds, and the rest of the funds are through bank loans.

Moreover, the scale of investment in Dongjiakou Port is extremely significant, and even if the Qilu Provincial Government passes this resolution, the Qilu officials in charge of this project still need to run into Beijing, and the Public Relations and State Planning Commission will get the approval as soon as possible, so that this extremely ambitious project can be built.

It is difficult to say whether the construction project of Dongjiakou Port will be launched in a few months if the state supports it, and if the state does not support it, it is not surprising that it will be approved in a few years, depending on how the national policy changes.

Even so, Lin Cheng also knew that his blind investment needed to be slowed down.

Lin Cheng was reborn back in 1997, his mentality has not changed back for a while, his eyes see, he feels that the motherland is full of business opportunities, gold everywhere, Lin Cheng can't wait to pull all the money-making projects at once.

However, if the shortcomings of funds are not made up, blind investment will only cause the capital chain to break, and once it falls into a crisis of shortage of funds, even if Lin Cheng is a reborn, he can only blow the lamp and pull out the wax.

At this time, Lin Cheng really hopes that he can own a bank, if he owns a bank, he can use the bank channel to accumulate huge cash flow, and there will be no shortage of funds.

Seeing this, Lin Cheng once again urged Chan Wai-yee to speed up the acquisition of Heung Kong's private bank, and preferably complete the acquisition of the bank by the end of the year.

He couldn't wait to have his own bank to make up for the last shortcoming in establishing the Lin consortium.

What can Chen Huiyi do about this? She can only redouble her efforts to satisfy Lin Cheng's wishes!

……

The Dongjiakou Port project is still far away, but Lin Cheng has invested 6 billion yuan to build a large business district in Quancheng and Qingdao respectively, and the signing ceremony has begun.

In just three or two days, Lin Cheng set the construction site of Qingdao business district near Taitung Road according to the memory of later generations.

Because it has its own "civilian" business atmosphere, a variety of snacks, and the famous Taitung Night Market, even just by looking at the traffic jam, you should know how hot the Taitung business district is.

Qingdao people's business abacus crackled, some people say "no matter what you do in Taitung, you won't lose", for the popularity of Taitung's business district, every Qingdao person has a psychological cognition, from department stores, all kinds of brands, down to the night market stalls of gadgets, Taitung can meet all the needs on your shopping list.

Restaurants, coffee shops, hair salons, KTVs, etc. are readily available here, and the "one-stop shopping, drinking, and entertainment" has made Taitung the most mature business district in Qingdao.

As for Quancheng, Lin Cheng's choice of business district construction site is naturally near the famous Quancheng Road, which is a landmark road integrating shopping, tourism and entertainment in Quancheng, the capital of Qilu Province, and is also the most prosperous commercial pedestrian street in Quancheng. Even Quancheng Road is named after the provincial capital Quancheng, and its importance is self-evident.

Shangri-La Hotel, 2nd Floor Meeting Room.

The signing ceremony between the Lin Group and the Qilu Provincial Government was held here, and there were more than 100 local reporters in Qilu alone.

The main reason is that Lin Cheng's investment in Qilu is too huge, and the investment of up to 6 billion has attracted the attention of countless well-intentioned people.

Even cities with huge economies such as Beijing, Magic City, and Huacheng are very enthusiastic about Lin Cheng's investment, so reporters from major newspapers were sent by the government to attend the signing ceremony, wanting to get close to Lin Cheng, and even wanted to invite Lin Cheng to invest there.

Under the illumination of countless flashing lights, Lin Cheng signed his name on the two contracts, then stood up and shook hands with the representatives and officials of Qingdao and Quancheng, and imitated the gesture of shaking hands and smiling between heads of state and foreign heads of state in "News Network", putting on an extremely formulaic smiling face for reporters from all over the world to take pictures.

In fact, Lin Cheng didn't want to show up again, as long as he gave a letter of authorization and sent a signing representative over, he could also achieve the effect of cooperation, but the Qilu government had achieved such a huge political achievement, how could it not pull Lin Cheng over and pretend to be a wave?

Under the strong request of the Qilu government, Lin Cheng is not easy to wipe face, after all, he has invested such a huge amount of money in Qilu, and if the relationship with the local government is not good, this huge amount of money will be at risk of being lost.

Helpless, Lin Cheng, a lazy man, could only temporarily give up the idea of visiting Mount Tai and Baotu Spring and come to participate in this grand signing ceremony.