409 Yanjing International Trade Center
"Trade Center? Similar to the International Trade Center in New York, USA? Chen Zhiwen's heart moved and asked.
It is said that after the 21st century, the annual rent of the International Trade Center will exceed 3 billion yuan, and after the 10 years, it will exceed 5 billion, and the entire International Trade Center is only rented but not sold, but the estimated value of insiders is more than 220 billion, whether from the perspective of rental income or its own value, it is in Central, Hong Kong, and it is one of the few super buildings that can surpass the International Trade Center.
Although from the data point of view, the area of the International Trade Center is larger, and the construction cost should be higher, but in this era, the land in the mainland is basically free of money, or very cheap, Hong Kong is the opposite of it, it is said that the first phase of the International Trade Center cost investment is 500 million US dollars, and this money in Hong Kong, even if it is the current real estate crisis, in Central can not buy the former land king.
"Yes, almost, but the shape, floor layout or something, we need to design our own, not necessarily to build a twin building like New York, the central means also need to include a large modern conference hall, which can accommodate thousands of people, convenient for holding large-scale international business meetings, but also have five-star hotels, a variety of entertainment venues, convenient for foreign investors." President Liang said.
The main reason for this project is that it costs too much money; although the economy of the interior has improved somewhat after the reform, in the early stage of development, too much money needs to be spent, and it is said that foreign exchange requires the purchase of a large number of various heavy industrial production lines, resulting in a serious shortage of foreign exchange.
In terms of the internal economy, infrastructure construction has begun to be built in various places, not to mention other things, the most basic roads and bridges are to be built, right? This is simply not enough for many localities that rely on collecting agricultural taxes to maintain the operation of the government, so they can only ask the central government for it.
And the big cities, also need a lot of money, such as Yanjing, Shanghai, etc., the most basic is to start laying water pipes, dilapidated road repair, dilapidated house repair and so on. At the same time, because the peasants' incomes were too low, the state had to raise the purchase prices of agricultural products, but it could not increase the cost of living in the cities, so it had to carry out a large amount of financial subsidies.
The construction of a CBD cluster is impossible for Yanjing's finances, and it is not enough to eat or drink for a year, not to mention that it is currently in deficit every year, and the central government is about the same, so under internal consultation, it can only be prepared to be handed over to foreign capital.
The first one to look for was Japan, but the other party put forward a lot of requirements, took the opportunity to open his mouth, and even asked the country to specifically carry out low tariff requirements for some Japanese-funded goods, but in the end, it was not done, and at this time, it was also rumored overseas that Chen Zhiwen bought a large amount of Disney, a well-known American entertainment company, involving more than 2 billion US dollars. This is several times higher than the cost of the Jianguo Trade Center, and the Beijing-Tianjin-Tangzhou Expressway is now under construction, which has a great impact on Yanjing and even the whole of North China.
In this case, this investment is not small, what is the approximate budget? Has the mainland counted it? Chen Zhiwen smiled and asked.
Although I already know the approximate number, but I still have to ask clearly, I don't understand anything, just promise others, then I feel that there is a problem, and even I need to put forward some requirements within a reasonable range, this is the essence of businessmen, the pursuit of mutual benefit at the same time, but also need to ensure that they have more interests, as for the other party, just ensure that there is no loss, and they also need to do long-term business.
However, there is one point, he remembers that the Yanjing International Trade Center project should have been proposed in 1984, and now it seems to be a year ahead of schedule, probably because of his butterfly effect, after all, he is a large-scale investment in Yanjing, a large high-speed, a modern automobile factory, a large household appliance production center and countless indirect investment, which will naturally drive the development of Yanjing City's economy, employment and foreign trade, so it is normal for the demand for the International Trade Center to appear a little earlier.
"Yanjing City is based on its own population, the ability to create wealth to estimate the demand in the next ten years, the budget of the International Trade Center is estimated to need 3-500 million US dollars, specifically, I am not very professional, but also need professionals docking, Chen Sheng if you are interested, you can go to Yanjing City to find out." President Liang paused and said.
"Does this project still need a joint venture?" Chen Zhiwen asked again, this point is very critical, investment in highways and car factories, this does not need to be considered, it will inevitably require joint ventures, and it will be the same in a few decades, the law will not change at all, so there is no need to worry. Although the home appliance factory can be wholly owned in a few years, there is no need to consider it in the early stage, because the market is firmly in their own hands, and the domestic joint venture party does not have any rights, and so on in 86 years after the foreign capital can be wholly owned, it is completely possible to buy out the other party's shares at a price, if the other party does not agree, then they immediately go to other places to build a wholly foreign-owned production base, and transfer the order, so the other party has no choice.
But the International Trade Center is different, once the joint venture is built, when the business is good, the joint venture party refuses to sell, and there is no way to do it themselves, it is impossible to build another one to compete, right? Unrealistic, this kind of building is subject to approval.
"The domestic meaning should be to let foreign capital be wholly owned, but you still have to talk about the specifics." President Liang said, in fact, the current domestic restrictions on foreign investment have begun to slowly loosen, such as Shanghai City, at the beginning of this year received a United States specializing in the production of pipeline instrumentation enterprises, the other party directly proposed to their own sole proprietorship production, according to the foreign investment law This is absolutely not possible, but Shanghai City said that it can also be discussed, there is no clear refusal, this matter also caused a small storm in China, and finally the central government approved it, although this is also because pipeline instruments are very important in China, and have always needed to import all before, but no matter what, the mouth is already slowly starting to open.
"Okay, I'll go there when I have time." Chen Zhiwen nodded and said: "But after I buy Disney, in the early stage, I will arrange for Huang's people to go over to understand the specific situation." ”
At present, Disney's acquisition is the top priority, and after the hand, the Hong Kong dollar crisis in Hong Kong will almost break out, and after this problem is resolved, the British side will be honest, realize the reality, and know that they can't keep Hong Kong, the pearl of the Orient, and the focus of the negotiations will turn to how to hand over, and from then on, they will have nothing to worry about.
When it comes to hundreds of millions of dollars of investment, the normal process is to send professional people to communicate and investigate in the early stage, and then summarize and report to his boss when the information is almost checked, so that the time is about the same.
"Okay, then I'll notify Yanjing City to dock with Huang after I go back?" President Liang said with a smile, this kind of big investment, the other party can have the intention and does not refuse, then even if he succeeds this time, the follow-up will depend on the mainland.
"Hmm." Chen Zhiwen nodded and said with a smile: "Come, let's eat hot pot, I hope that sooner, ordinary people in China can also eat these things every day." ”
"It's a little difficult, this meat dish, it's good for ordinary people to eat it once a week." President Liang reluctantly said, "I hope to achieve this goal in 30 years." ”
"Fifteen years may be enough." Chen Zhiwen said with a smile.
Even in the early days of the reform, everyone's wish was that the domestic economy could be compared to ordinary developing countries in the future, but the subsequent development exceeded everyone's imagination.
The volume must be rolled, and the tired must be tired, but since it has developed late, if you want to live a good life, you have to work hard, even if the West, Japan and South Korea and other developed countries have worked hard for more than two or three generations to have an easy life for later generations. This is also a characteristic of East Asians, and only China, Japan and South Korea have the opportunity to grow up in the world economic system controlled by Europe and the United States and break the middle-income trap.
"I hope so, to borrow Chen Sheng's auspicious words." President Liang laughed.
After a meal, Chen Zhiwen returned to the Hutchison Building, and the large-scale infrastructure investment in the mainland was basically handed over to Hutchison, which was Chen Zhiwen's special arrangement, as for the Wharf, after the further liberalization of foreign investment restrictions in China in the future, he could also freely invest in his own suitable industries, such as large shopping malls and so on.
After meeting Zhou Jiayang, he informed him of the project of the International Trade Center.
"How? Are there any funding problems? Chen Zhiwen asked, during this time, Hutchison is vigorously acquiring Hong Kong's high-quality real estate company stocks plus land, or directly from the Hong Kong government bidding, and the other big head is to invest in the Japanese real estate market, such as just completely acquired Japan's fifth largest cinema chain group, costing 610 million Hong Kong dollars, and in Tokyo, Nagoya and other big cities to acquire office properties, although Hutchison has strong capital, and in Japan to use the loan system, but the entire Japanese market is too big, can accommodate the amount of funds is sky-high, If you continue to invest, you are a bottomless pit.
"There is money, but such a big investment will definitely affect the plan in Japan, but you can try to make use of all kinds of bank loans, that is, a project as big as Yanjing, at present, banks in Hong Kong may not dare to invest." Zhou Jiayang thought for a while and said.
"I will transfer some funds back from the United States to you, but you are right, bank loans still have to be used, I have full confidence in this project, if the banks here in Hong Kong do not agree, then go to the United States, but the currency of the loan must be the US dollar, do not use other foreign exchange." Chen Zhiwen paused and said.
The most convenient place to cooperate with the Morgan consortium is that a lot of the money he earned in the gold futures market can be withdrawn from the United States through normal channels, and there will be an outflow of 3 billion US dollars in half a year according to the plan, and the rest of the funds will remain in the United States to help Costco, Best Buy, farm acquisitions and the largest Disney acquisition plan, these funds can only be used in small amounts in Hong Kong, because the Hong Kong market cannot accommodate it at all, otherwise, he is alone in the market, and other real estate companies will not be happy to die.
Japan is a natural accommodating pool, whether it is the stock market or the housing market, just $3 billion is a drop in the bucket, even if the bank leverage is used is a larger pebble into the pond, as for the mainland, it is estimated that this international trade center is the most recently, and other large-scale investments, at least a few more years.
"That's for the best." Zhou Jiayang smiled and said: "Now the real estate market in Japan is also rising, although the magnitude is not as good as Hong Kong a few years ago, but it is also fast, the property we bought before has begun to appreciate, I think after a while, you can take out a second mortgage and buy other properties." ”
"Money makes money, this speed is really fast, compared to the profit of Midea, it is estimated to be higher." Chen Zhiwen shook his head and said with a smile.
Midea almost dominates the game industry in Europe and the United States, and it can be popular again after Mario is launched, and it is estimated that the annual net profit in the next few years will exceed one billion US dollars, but compared with the upcoming rise of the Japanese real estate market, especially the growth rate after the Hiroshima agreement, it is far worse, and it may not even be as profitable as the Hong Kong real estate market in the future. Because the Japanese game giants of later generations, in terms of scale, are not comparable to the four major families in Hong Kong!
"This is the nature of the real estate market, but unfortunately it is not convenient for us to develop projects in Japan, otherwise it would be more profitable." Zhou Jiayang said.
"Just buy the complete property directly, make a little less but worry-free." Chen Zhiwen said.
Even Japanese capital can not engage in real estate in Hong Kong, then the reverse is naturally not feasible, the real estate market is basically monopolized by local enterprises, which is not only a national policy, but also the characteristics of the real estate market, outsiders, basically can not fight the local, such as the future of the domestic real estate market, even if it is Hong Kong, it can only invest in office buildings, residential words basically can not participate, a few projects such as Li Jiacheng, but also by him tun, resulting in a bad relationship with the local government, but also cut off the way for Hong Kong capital to develop land in the country.
"Yes, collecting rent in this way can also reduce our costs a little." Zhou Jiayang nodded and said.
"How's going on with Yantian Port?" Chen Zhiwen asked again.
"Hisense Bank is already in contact with them, Huo Jianning proposed a greater preferential policy, and suggested that Yantian Port should be built a little bigger at one time, and then directly on the modern port equipment, which also made the budget of the entire project directly increase from 900,000 to 15 million, and also hinted that it can be cooperated with Hong Kong capital, and the Shenhai Municipal Government is already discussing, if they pass it internally, I will send someone to talk." Zhou Jiayang said, in fact, even if it is 15 million, it is just a drop in the bucket for Hutchison, but this is a matter of concern to the boss, so it is natural to pay attention to it.
"Okay, let me know when there's progress." Chen Zhiwen nodded, this project is naturally nothing to himself, but this is the first port of Shenhai City, so it is natural to pay great attention to it, and now with great support, it must be discussed if it wants to expand, after all, the current Shenhai City has a financial income of more than 100 million a year.
"No problem, as long as they are willing to bring in foreign capital, then I am absolutely sure that I can cooperate with them." Zhou Jiayang said with a smile that at present, there are only several Hong Kong terminal companies that are willing to invest in domestic ports, and only Hutchison is there, and Shekou has a precedent, so the probability of cooperation is naturally very high.
(End of chapter)