Reborn Tycoon Rise

Chapter 359 The first step of development in Tin Shui Wai

The British Hong Kong government began to rule Hong Kong on January 26, 1841. By the MacLehose era, there were a total of 25 governors. MacLehose began in 1971 and ended in 1982, with a term of 10 and a half years, a total of four times. Re-elected, he is the longest serving Governor of Hong Kong in the history of Hong Kong.

Although MacLehose did not have any administrative experience before managing Hong Kong, he lacked bureaucracy and did countless practical things for the entire Hong Kong. During his term of office, Hong Kong carried out drastic reforms involving housing, clean government, and education. , medical care, infrastructure, transportation, economy and many social welfare, the most famous of which are the development of new towns, the ten-year housing building plan, the nine-year free education, the establishment of the Independent Commission Against Corruption and the construction of the underground railway.

Among them, the last three have basically achieved their initial goals, but the first two have not succeeded.

In 1978, MacLehose proposed the "Home Ownership" plan to provide high-quality and affordable housing for the middle class in Hong Kong. This was actually the prototype of the "85,000 Plan" after the return of Hong Kong.

However, the "home ownership" plan affects the interests of too many people. Even the Governor of Hong Kong found it difficult to vigorously promote this plan. In the end, a balance was formed between the two parties. The number of low-cost houses launched each year was greatly reduced, and it became completely An "image project!"

In the original Tin Shui Wai development plan, the reason why China Resources was able to obtain such a large project was that MacLehose also dealt with it a lot. One was to make good friends with the mainland government, and the other was because he took a fancy to China Resources' background and hoped that it would not be affected by it. The influence of some capital can provide cheap and dignified housing for ordinary people in Xiangjiang.

Unfortunately, due to its limited geographical location and some political reasons, Tin Shui Wai cannot develop at all in this era.

After learning about Xu Zhi's town building plan, MacLehose discussed with several staff and unanimously determined that if the plan is followed, a new town capable of accommodating 300,000 to 500,000 people can be successfully built. This is not only It can stimulate the economy of Hong Kong and relieve the current huge population pressure in Hong Kong.

Although the governors of Xiangjiang all favored the British on the issue of the ownership of Hong Kong, and the same was true for MacLehose, this did not mean that he did not care about the Chinese under his jurisdiction. At least he was much better than other governors. This is also why Xu Why did Zhi hope that MacLehose could promote this development plan before leaving office?

In the following month, Xu Zhi visited the Hong Kong Government and Hong Kong Polytechnic several times alone. In the end, after accepting the donation of a new electronic laboratory building from Midea, the Polytechnic agreed to open another large department every year. Provide 500 outstanding graduates. Although this number is not enough for the company, it can still fill many vacancies.

In terms of real estate, the Hong Kong government has agreed to the construction plan of Tin Shui Wai and will approve the construction of corresponding people's livelihood institutions based on Evergrande's development progress.

Evergrande will invest HK$20 billion in the next 20 years to build a new town in Tin Shui Wai, New Territories, that can accommodate more than 300,000 people. It will also build several large factories to provide tens of thousands of jobs.

When the news came out, the Hang Seng Index soared, and the entire real estate stocks also rose sharply. Evergrande plans to invest 20 billion Hong Kong dollars to enter the local market, which shows that Xu Zhi behind it is also optimistic about the real estate market.

But in fact, Evergrande’s so-called huge investment is just a plan. This is an investment plan for a total of 20 years. The total amount looks scary, but the projects are developed one after another, and the start-up funds for subsequent projects are completely the same as the previous ones. profit.

And there will be no large-scale construction in the next two years. After all, in a few months, the Iron Lady will come to Beijing, and Xiangjiang will face the biggest real estate crisis.

However, for the market, a piece of "good news" is enough to drive up stock prices or land prices. For many people, they just need to take advantage of this "title".

In the past, Land Land bid HK$5.3 billion for the land king in Central, and later Evergrande announced an investment of HK$20 billion in developing Tin Shui Wai. Stimulated by such "good news", some funds that had been hesitant became active again.

Xu Zhi didn't bother to care what outsiders thought. Many people or companies invested heavily in the real estate market because of his news. It can only be said that these people are unlucky.

After reaching an agreement with the Hong Kong government on the development of Tin Shui Wai, Wang Liming signed the contract and immediately returned to Hutchison Building from the Hong Kong Governor's Office. He came to Xu Zhi's office and asked: "Chairman, what is the agreement we have made with the Hong Kong government now?" The contract has been signed, please take a look."

Xu Zhi took the document, which had hundreds of pages, and carefully looked at the table of contents, and then spent more than ten minutes looking through some of the key contents at the end.

Fortunately, the land in Tin Shui Wai has always been privately owned. After Evergrande acquired it, it has a certain degree of autonomy in what projects to develop on it. Otherwise, the construction of this new town would just be various contracts with the Hong Kong government. It can fill a bookcase.

"Chairman, since we have reached an agreement with the Hong Kong government, when will we start building the first batch of properties?" Wang Liming asked excitedly. This has never happened in the history of Hong Kong for a company to independently develop a new town. Had.

Xu Zhi shook his head and said: "This matter is not urgent for the time being. In fact, you know very well that the housing prices in Xiangjiang have completely entered a state of decline. The reason why there is a rebound sometimes is entirely because of Land, Carnegie, Swire, Hang Lung, etc. As a result of large consortiums forcing their way into the market to raise prices, our location in Tin Shui Wai itself is not good, and now it is difficult to sell the residential buildings being built."

"I have considered this." Wang Liming said: "Chairman, my idea is that the land area of ​​Tianshuiwei is as high as 5 square kilometers. The development of such a large area requires us to develop slowly from small to large, although the current land price is not good. , but we can choose a suitable location first to test the water.

Second, Midea's LCD factory and Jinniu Beverage production factory have been completed. The current number of employees in these two factories has reached 3,000. Although employees have dormitories, it is not ruled out that some people have the idea of ​​​​purchasing their own properties. After all, employees have families or need to start a family or start a business. We can develop a few small properties to meet their needs. Even if housing prices fall in the future, we will not lose money. After all, the cost of this land is very low.

The third thing is that according to your investment plan, Chairman, many of the land parcels owned by Evergrande and Hutchison Whampoa are currently in a state of suspension or completion. A large number of contracted construction workers under our two companies are in a state of semi-suspension. Currently, the entire Xiangjiang The market situation is not good, and we need to open some additional projects to stabilize these workers. Otherwise, I am afraid that those with skills and abilities will leave, and ordinary workers will encounter economic problems again. When we need them in the future, Sometimes, when we reorganize the team, we will encounter many problems. "

"What you said makes sense." Xu Zhi nodded in agreement after listening. Many real estate companies are not optimistic about the land in Tianshuiwei because the local economy cannot achieve sustainable development, but several other companies under his own company can solve the problem. this problem.

After this problem is solved, the entire Tin Shui Wai becomes a huge treasure basin. Although Xu Zhi spent nearly 1 billion Hong Kong dollars to acquire it, the price per square meter is less than 200 Hong Kong dollars when spread over 5 square kilometers of land. , with this kind of land price, even if Xiangjiang encounters a real estate crisis and house prices are cut in half, the profit margins of real estate in Tianshuiwei will still be ridiculously high.

Of course, the higher the house price, the higher the profit. But if we just choose a small piece of land and develop several small residential areas to provide low-cost housing for some employees, we can also take the first step in the development of Tin Shui Wai. , we can first build supporting commercial and living facilities based on these communities.

In terms of time, when the real estate crisis in 1984 is over, commercial supporting facilities can be completed, so that subsequent construction of surrounding communities can start directly.

“I agree with building a few small residential areas, but it is unlikely that just a few residential areas can meet the job needs of so many construction workers owned by several of our companies.

Well, when we build a new town, in addition to real estate properties, we also need to invest in a lot of internal roads and some supporting infrastructure. The company first designs the entire Tin Shui Wai development plan internally, and then arranges construction workers to build infrastructure facilities according to the plan. . "Xu Zhi thought for a while and said.

From September 1982 to December 1984, the real estate industry in Xiangjiang was sluggish during the Sino-British negotiations, and a large number of construction workers were employed. During this period, the internal infrastructure construction in Tin Shui Wai was at the lowest cost, and the first step of development of the entire Tin Shui Wai could be carried out first. At the same time, Families who can help these people are the best way to kill two birds with one stone.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like