After dealing with the army's scrap steel (see Chapter 5 for details, because the sensitive will be released on the official account 'Moon Shadow Wutong' later), Contini went home and talked to his father Ciano Sr. about domestic infrastructure.

Regarding a series of things such as Vivian's pregnancy, going to Switzerland, and the transfer of shares in the United Group, the old Ziano knows that one is that Contini does not intend to hide it from him, and the other is that Antonio will also report this trend to him. So the father and son were quite embarrassed when they met, and they didn't say it, and they didn't say it, and they were confused after a little bit of talk.

Contini's mother, however, was so happy that she kept asking questions and finally decided to go to Switzerland to accompany her daughter-in-law.

"Don't quarrel with you...... Contini replied weakly.

"What's the noise? People have given you money, people have given you money, and even your father, who was a banker, has been poached by you to do things, all of them are from our family, I can't love it yet, what are you arguing about? She glanced at old Ziano and said meaningfully, "I didn't quarrel with your father when he was young!" ”

"Ahem...... old Ziano's old face turned red, and he only waved his hand to ask his wife to step back, meaning that the father and son were going to talk about serious things.

Contini held back a laugh: It seems that the old Ciano had a story when he was young......

"In addition to the three special lines of Milan, Genoa and Rome, it is necessary to build a high-speed railway network and a highway network connecting Milan, Verona, Venice, Genoa, Bologna and Florence, and the United Group can invest in a part."

"But this is not in line with the layout of the railway system." Ciano Sr. muttered, "The Italian railways are mainly concentrated in the north, and the road network in the south is insufficient, if you concentrate on the north again, the gap between the north and the south will become bigger and bigger, and I can't settle it." ”

"The southern road network continues to be built, but the southern part is in charge of the Ministry of Transport, and the United Group will not interfere, anyway, I have made up my mind that the investment will go as far as Naples ......"

"What kind of logic is this?"

Contini smiled bitterly: "Don't you see? Southern Italy, especially the two Sicilians, and the northern Italians, are simply two peoples, loose, lazy, full of illusions, and lawlessness that does not obey the government...... Seriously, the negative international evaluation of the Italians, southern Italy is at least 70% responsible, the same airport construction, the construction progress of the United Group in Palermo and Catania is far behind Florence and Bologna, those workers go out as soon as they are paid, and then they are willing to return to work after several days, and when they come back, they are still drunk, and then they are forced to change to a weekly salary, so that the situation is finally under control. Speaking of which, I also have special assistance from the southern government, which makes it easier for me to travel all the way, but even this is not as good as the north. ”

Old Chiano understood as soon as he thought about it, the so-called assistance of the southern government, wasn't Adriana's father a great effort? Vivian was pregnant, took shares, his father entered the United Group as an executive and completed a series of complex capital operations, Adriana was naturally anxious - she was not anxious about money, but about her own status, it was not enough to blow the wind on the pillow, so she went home directly to move the rescuers. He immediately teased his son: "In the final analysis, the climate is too good and the environment is comfortable, how can there be cold and cruel in the Alps?" However, the southern Italian girl is more beautiful and enthusiastic than the northern Italian girl......"

Contini was choked up speechless, and when you think about it, there is really some truth: in terms of dressing up and fashion, then southern Italy will definitely not be able to catch up, but in terms of style and appearance, southern Italy has steadily overtaken northern Italy - this was the case before the crossing, and it is also the case now.

"Mainly because the United Bank has restrictions on the loans of the United Group, so the construction of these northern road networks still has to be realized through the Ministry of Communications, of course, the specific can be in a flexible way: the Ministry of Communications leads, intervenes in the way of land and concession operation, and is operated by the United Group, and the enterprise realizes external charges for 30-50 years, and then hands over the road network to the state free of charge, which I call the BOT method.

"Toll roads?" The elder Ciano was skeptical, "Can this recoup the cost?" Why should vehicles use toll roads? Won't they take the toll-free road? ”

"First, toll road routes are shorter; Second, the toll road is wide, fast and fuel-efficient! "Drivers balance saving fuel, time and money, and if they don't let companies charge, why should they invest in roads?" ”

Old Chiano nodded, thinking that there was some truth in it, after all, the United Group was not charitable.

"Another factor is that the construction of the road network can bring other industries into play." Contini said with a smile, "After the completion of the Milan and Rome lines, the areas within 3 kilometers on both sides of the surrounding line have been upgraded, and the residences near the site have more than doubled, and now smart speculative funds are investing near the Genoa line, and if I use the fast line to connect the 11 big cities in the north, the land near this fast belt will rise all of a sudden - won't the government have the funds?" ”

"How? How do I not think? ”

"A lot!" Contini said with a smile, "Why do you think the Bank of America and the French banking system want to invest in Union Bank, because they see this business opportunity, and everyone is trying to hoard land and speculate in real estate...... In this matter, it can be seen that the British are indeed slow to react now, HSBC Holdings, the Royal Bank of Scotland, and Barclays, the three giants, I immediately issued a circular inviting investment, but when the French and Americans have invested in place, they have not yet completed the so-called decision-making process, so they have to sit back and watch the stock price rise again and again...... Of course, the three banks are now talking about it, and the three banks will jointly increase their capital to Union Bank by $65 million to complete a Series C financing and get a 21% stake - and Union Bank will be valued at more than $300 million. ”

After this tossing and turning, combined with the continued acquisition of shares in small and medium-sized banks, the shareholding structure of Union Bank has truly become a union: the United Group and its management hold about 40% of the shares, the Italian government holds about 19%, the British, French and American banking giants hold about 38% of the shares, and the remaining 3% of the shares are in the hands of other Italian banks.

Relatively speaking, this shareholding structure allows the Italian government to exert influence without allowing the government to interfere too much in commercial interests, and Contini understands that a dominant bank is not conducive to operation, and that Union Bank must become the main financing channel for the United Group, but the most basic risk prevention ability must be adhered to. After the establishment of this equity relationship, the other three countries can also exert their respective influence more freely, and at the same time open up the connection channel between the joint group and the three countries.

"I've always wondered why the banking systems of these three major countries should invest in Union Bank?" "What do they gain?" ”

"First, an opportunity to enter the Italian banking world - Union Bank is now the fourth largest bank in Italy in terms of assets and size, and it has a strong government background, and these bankers are not stupid; Second, the opportunity to invest in the construction of Italy, which is currently in ruins, and at the same time does not face many constraints like Germany, where capital is naturally easy to make money; third, the convenience of some areas of speculation; Fourth, be optimistic about the United Group - your son has ordered more than 100 million dollars of equipment and products all over the world, which is equivalent to 8 cutting-edge and top-of-the-line battleships, do you think it will cause them to go crazy? Contini smiled, "Also, my father has forgotten that there is a clause in the construction of the railway line that we signed that the government land within 10 kilometers of the special line must be developed by the United Group. ”

Old Ziano came back to his senses at this time, and his son's original conditions were used at this time.

"I always feel that this is a false fire...... "old Ziano said with some humility, "I have borrowed so much money, how will I repay it in the future?" ”

"Also? Need to think about it? Why should I pay back the money I borrowed with my ability? Contini laughed, "As long as Italy continues to grow and develop, they will only provide more loans, and will not come to collect debts, and even if they don't pay it back, it will not be a purely economic problem, the Germans owe so much reparations, and they have not seen Germany partitioned." This time, so many small and medium-sized banks are urging me to repay my debts, okay, I have bought you all, do you still want to care about me to collect debts? ”

"The bankers are not stupid, the money is said to be a loan to us, but in fact a lot of it is transferred back to their own countries, equipment, machinery, products we are importing like crazy, they can not only earn a sum of interest, but also make a profit on trade, for the politicians of Britain, France, the United States, and Germany, this large-scale import also brings their employment and taxes; Secondly, we are working hard to build Italy's infrastructure, we are working to improve Italy's comprehensive national strength, and the money borrowed is not used for squandering or waste, nor is it used for purely military purposes, and they are all very relieved...... It's like the Union Group, although it has lost a lot of money, but they know that I didn't spend a lot of time messing around, and occasionally a few seemingly random payments have finally made a profit—a shrewd banker should understand; Last but not least, they don't think it's a problem to eat Italy, who calls us weak? ”

These reasons are really powerful, and the old Ciano is speechless.

"Therefore, the United Group issued a three-year 6% 500 million lira bond not long ago, and it was sold out at once, and I suggest that the government can also issue special bonds, and the United Bank is responsible for the issuance, and all that cannot be sold to the outside world will be underwritten by us." Contini smiled, "But the engineering order should be considered more for your son......"

Old Chiano understood, no wonder his son urged himself to be big and fast, and to work hard, it turned out to be this consideration, but he also made sense: as soon as the infrastructure sounds, the gold is ten thousand taels; Double your investment and your employment is satisfying, so why not?