I want to be a giant of Hong Kong Island

Chapter 393 [Star Island Investment Plan - Commercial Complex and Hotel]

In mid-September, Wu Guangyao took a large business team to Xingdao to investigate and invest.

This huge business team includes both Wu Guangyao's company and other companies in the Hong Kong Island business community;

Wu Guangyao's companies include Cheung Kong Industrial, Baiyou Group, Shining Star Hotel Management, Lenovo Group, Oriental Media, and Universal Group;
Other companies have bosses from various industries such as shipping, garments, textiles, and plastics. These people were all invited by Wu Guangyao, and they also want to come to Singapore for inspection and see if they can become a base.

Sing Tao has great development potential, and it is worthy of Wu Guangyao's early investment;

And Wu Guangyao has a good relationship with Sing Tao officials, which is a relatively good investment environment.

For everyone's safety, the commercial team took two flights and arrived at Paya Lebar Airport in Sing Tao;
This is a military-civilian dual-use airport, and it was also a military airport for the British Air Force.

On the day of arrival, Sing Tao officials arranged a dinner.

At the banquet, everyone did not talk about specific investments, and most of them were trying to understand the situation of both parties.

The real investment proposal is expected to take three days to discuss and sign a preliminary contract.

That night, Wu Guangyao had a little bit of insomnia. The hotel had no air conditioner, only electric fans. In addition, Singapore is a tropical country in Southeast Asia, and the temperature is much higher than Hong Kong Island.

"From frugality to luxury is easy, from luxury to frugality is difficult!"

Wu Guangyao couldn't help sighing, when Wu Guangyao came to Xingdao for business trips a few years ago, the living environment was worse than today's. At that time, he didn't feel this way, and he woke up naturally after sleeping.

But this time when I came to Xingdao, I actually felt a little uncomfortable!

It seems that it is a good choice to bring Cheung Kong and Shining Star Hotel Management Company to investigate;

How comfortable it is to have your own hotel to live in in the future.

The project that Changjiang Industrial came to inspect was naturally not a commercial residence;

In Singapore, real estate developers have to die when they develop commercial residences!

Singapore believes that only when Singaporean families own their own housing, will the people resolutely defend their own interests in the face of foreign enemies.

Therefore, since 1963, the Singapore government has implemented the "Home Ownership Scheme", and the government has launched HDB flats at prices below the market for the public to purchase.

Therefore, if the real estate dares to develop a residence, it is not a loss because it has no underwear!
The project that Changjiang Industrial came to inspect is naturally a commercial complex project;

The Yangtze River commercial complex project developed this time does not include hotel projects;
The hotel project is independently developed by Shining Star Hotel Management Company;
But the two projects will choose to move closer together, forming an alliance.

After washing up, I walked out of the room, and soon the waiter of the hotel directed everyone to the restaurant for breakfast.

And the hotel also has a large number of official staff from Singapore. I think they didn't even dare to sleep last night, because this business team is so important to Singapore.

Not only economic influence, but also political influence, are what Singapore urgently needs.

"Brother Dong, President Lin, father-in-law...how did you sleep last night?" Wu Guangyao came to the hall and greeted.

"Haha, it seems that Guangyao didn't sleep well yesterday, tsk tsk, it seems that you have lacked the spirit of hard work these past few years." The only one who can talk to Wu Guangyao like this is Dong Yunhao.

There was no way, Dong Yunhao was half Wu Guangyao's master when he was engaged in shipping, so Wu Guangyao still respected him all these years.

"That's not true, it's just that I suddenly feel a little uncomfortable coming to the tropical rainforest." Wu Guangyao quibbled.

A group of people sat down and had breakfast. It could be seen that the hotel was very attentive, serving both Western and Chinese food.

After breakfast and dinner, everyone, under the leadership of Singapore official staff, drove to the Singapore government agency to conduct a preliminary investment understanding meeting.

It took less than 5 minutes by car to arrive at the seat of the Singapore government, and everyone followed the staff to a large conference room.

"Mr. Wu, how was your rest last night?"

"Well, very good! The staff is very enthusiastic, the service is very thoughtful, and the hotel is very attentive."

"That's good! Let's sit down and talk!"

The conference room is very large, with 60 or [-] people from both sides sitting together.

When the businessmen heard this, they felt that the Singapore government was easy to deal with, and the investment environment in Singapore was good.

Wu Guangyao was the first to ask: "To what extent has your infrastructure construction in the Jurong Industrial Zone been completed?"

This sentence is more concerned by the bosses of textiles, garments, toys, plastics, etc., so everyone is waiting for an answer.

"The construction of factories, ports, docks, railways, roads, electricity, water supply and other infrastructure in the park can temporarily meet everyone's needs, but it cannot be said that all of them will be completed. All of them need to be completed in 1968. If you want to invest there , now it is completely possible to prepare there, and we will try our best to ensure everyone's needs."

Wu Guangyao nodded and said, "Two years is just the right time to prepare for the factory!"

Next, it is the government personnel, and the communication with the company leaders and bosses.

Cheung Kong Industrial Shi Jun took the lead and said: "We, Cheung Kong Industrial and Shining Star Hotel Management Company, want to build a large-scale commercial complex near Orchard Road in Singapore, a business circle integrating office buildings, hotels, and shopping centers. The total investment is estimated 6000 million US dollars, but it needs to occupy an area of ​​220 acres, I wonder if the Singapore government can solve this problem?"

It was the first time we talked today, and it turned out to be such a big project.

6000 million US dollars, this is a project that Singapore can't even imagine;
Even those multinational companies are not so generous in investment!
No, many multinational companies came here today, such as Lenovo Electronics, Shining Star Hotel Management, Baiyou Group, and Oriental Media. Although Cheung Kong is not a multinational company, its strength is not weak.

The government official said cautiously: "It shouldn't be a big problem, but I want to ask, how did you plan the 220 mu of land?"

It is impossible for Singapore to refuse this project, but the land is too large, so you must ask about the plan!

Charles, Managing Director of Shining Star Hotel, said: "Our Shangri-La Hotel is going to build the hotel in 55 acres of lush botanical gardens, making it a world-class hotel and providing a good environment for people who come to Singapore for business. The built Shangri-La Hotel is expected to have more than [-] luxurious guest rooms and suites, which are distributed in three wings with different styles: the modern tower wing, the tropical garden wing, and the distinguished canyon wing. The hotel also provides Resident guests are provided with hotel-serviced apartments, and Shangri-La Hotel also provides [-] sets of luxury apartments in the style of four-storey villas for long-term renting by guests, and provides a series of supporting services and facilities.”

"Of course, we expect the entire hotel to be completed in stages, and the total construction period is expected to be completed in 10 years."

"After the completion, I believe that the Shangri-La Hotel will make a certain contribution to Singapore's economy!"

Charles' plan was obviously authorized by Wu Guangyao. After all, Singapore is poor and white at this time, so who would dare to invest in such a large hotel.

And the reason why Wu Guangyao insisted on such a large land was to take advantage of Singapore's cheapness and acquire a larger land earlier, so as to avoid having to re-acquire land when the hotel expands in the future;

The development can be developed slowly, it is said that the development will be completed in ten years, but it is also possible to build three wings with different styles within ten years;

It is not impossible for those villa hotels to be built in the late 70s or 80s.

As long as you know the development prospects of Singapore, you can feel at ease to cover up the land!

Officials of the Singapore government were all intimidated by Charles' plan. This is treating Singapore like the United States!
Shi Jun went on to say: "The commercial complex developed by Cheung Kong is composed of two large office buildings, a super shopping center, and a convention and exhibition center, a total of four buildings. After completion, it will make a certain contribution to Singapore's tourism, industrial products, etc. .”

Because this is a preliminary negotiation, Singaporean government officials discussed with each other.

"We in Singapore have no reason to refuse this project. We can provide 220 acres of land around Orchard Road, and we are also willing to provide certain loans for the two companies."

In fact, Wu Guangyao does not need loans from Singapore, his own China Everbright Bank can provide loans to Cheung Kong and Shining Star Hotel Management.

Anyway, there is no banking law in Hong Kong, so it was no problem to operate like this before the 80s.

However, since the government personnel proposed it, it is obvious that they also want this project to drive Singapore's financial industry.

There is no problem with this, anyway, Wu Guangyao has the final say on how much to borrow.

Wu Guangyao said, "Okay, I didn't expect the preliminary negotiation of our first project to go so smoothly, which made a very good start for this business delegation. I have always been a staunch supporter of Singapore. Lost to the existence of Hong Kong Island."

The officials in Singapore looked at each other in blank dismay, how could this man be more optimistic than anyone else!
(End of this chapter)