We are all reborn, who wants to be the richest man?

Chapter 495: Curved Development of the Three Eastern Provinces

On the way back in the car, seeing that his son seemed to be hesitant to speak, Choi Jong-hyun said dissatisfiedly, "Just say whatever you want to ask. Why are you hesitating?"

"Apomi, does Mr. Welch agree or not?"

Abomi, that's what my father meant. Don't talk to me about Abomi. That's what children and girls usually call him.

Just like we have a bunch of names for father such as father, dad, and dad, South Korea also has three names for father.

Abomi is one of them. It is a respectful name and all big families call it that.

"I agreed, and I didn't agree."

Cui Taiyuan frowned, not knowing what his father meant.

"Do you think he really talked to me about Asian-Pacific Airlines because of Asian-Pacific Airlines? The key point is the last sentence.

We must be ruthless in fighting corruption and not give the enemy even the slightest chance to turn the tables."

"Apomi means the trial?"

Ever since JoongAng Ilbo and SBS TV exposed Chun Doo-hwan's corruption, the whole of South Korea has been demanding that the Blue House conduct a thorough investigation into the matter.

But Chun Doo-hwan is Su Tae-woo's elder brother, and he wants to smooth things over and protect the other party.

Because once the punishment is strict and severe, the death penalty will most likely be inevitable.

"This is the other party's request. As for whether Shui Taiyu can make it to the big ship, it depends on him. I also want to know whether he will choose to live alone or both of them will perish."

"So, as long as Shui Taiyu does this, the other party will support him?"

Choi Tae-won's face lit up with joy. As long as Su Tae-woo came to power, he could become the consort of the first princess of South Korea. This was all his capital.

"Humph, what are you thinking, this is his ticket.

If you want to get to the top, the price you pay is not small. Don't forget that those two have a good relationship with each other.

Just wait and see, the money that the whole family has deposited in the Far East will sooner or later belong to the Luo family."

"Impossible?" Choi Tae-won exclaimed, "How dare they be so bold? Just detain him? People all over South Korea are watching."

Choi Jong-hyun looked at his son with slight disappointment and did not answer him directly.

"Starting tomorrow, you can go to SK Infrastructure to study, and you will find the answers you want there."

Seizure? What a joke! Don't worry about your reputation.

Not only will the money be returned to South Korea, but it will be returned with great fanfare so that all South Koreans know about it.

On the surface, Far Eastern Finance has gained a good reputation in the hearts of all South Korean people, and can take the opportunity to attract deposits and increase business.

Behind the scenes, it is not up to you, South Korea, to decide how the money is spent.

Do infrastructure? Build infrastructure? No problem, for the better life of South Korean people.

However, you government officials don't need to get involved in anything from the raw material purchasing companies to the construction companies. I will arrange everything clearly for you.

What Welch and Choi Jong-hyun said about being optimistic about infrastructure is not just a simple statement, it also reveals where the money will go in the future.

In this regard, Choi Jong-hyun is becoming more and more satisfied with the mother-in-law behind him, because she really thinks of you when good things happen.

As far as he knew, the family's deposits in the Far East amounted to at least several hundred million U.S. dollars. This amount of money, if invested in infrastructure, could leverage projects worth billions of dollars.

With this order, it will be hard for SK Infrastructure not to take off in South Korea.

After the Choi father and son left, Welch could not sit still and went to Pohang, the headquarters of POSCO.

If you ask which South Korean company has developed the fastest in recent years, Posco Steel is definitely on the list.

When Luo Nianzhong invested in this company, what was the annual output of Posco Steel? Less than 10 million tons of crude steel.

However, South Korea's rapid development requires a large amount of steel, which gives POSCO an opportunity.

Now, not only the steel plant in Pohang City, but also the first three phases of the Gwangyang Steel Works built in Gwangyang City have been completed, and the fourth phase with an annual output of 2080 million tons has also started construction.

If the fourth phase project in Gwangyang City is included, POSCO's annual crude steel output can reach 9100 million tons.

In addition, POSCO also invested in the establishment of Pohang University of Science and Technology, and established the Pohang Industrial Science Research Institute last year.

The purpose is simple, which is to enhance the technological content and diversify development.

This involves not only steel technology, but also the construction and production of various smelting equipment.

Kim Min-jong, the current person in charge of POSCO, was originally a deputy of POSCO and one of the first South Koreans to defect to the Luo family.

Although the former POSCO Chairman Lee Qiufu was very capable, he did not recognize his position and was too close to American capital.

There are plenty of capable people, but what Luo Nianzhong wants is loyalty.

As Chun Doo-hwan fully privatized POSCO in recent years as he had promised, the Luo family's shares in POSCO have increased from the original 51% to the current 59%.

In addition to the Luo family, the Cui family also holds a 10% stake, the US capital holds less than 16%, and the rest are some local South Korean forces.

Among them is Mr. Quan’s shares of less than 2%, but I don’t think he can keep them.

With the Luo family holding absolute control over the discourse power, Li Qiufu is still flirting with the United States. It would be strange if Luo Nianzhong didn't replace him.

"What do you think about the cooperation you mentioned?"

"I'm ready at any time, just waiting for your order. I have even contacted the Pohang city government, so the land for the new factory can be obtained and construction can begin at any time."

This time Welch came to Posco not only for inspection, but also to see how the cooperation with Anshan Iron and Steel was being prepared.

Luo Nianzhong of Baosteel did not catch up in the early stages of construction, so he took another approach.

Now the whole country's attention is on Baosteel, and not much attention is paid to other steel mills. This also led to problems in these large steel mills in the 1990s, and many of them could not even pay wages.

In the three northeastern provinces, there is the agricultural field planned by Luo Nianzhong, as well as FAW-Audi and Dalyan Shipyard, and to the north it borders the Far East region that Luo Nianzhong has been planning for a long time.

Therefore, it is impossible to let it decline in the development concept here. Now there is a good industrial foundation here, so it is easy to save it.

Sacrifice at the top level? As long as there is a large investment, the policy can be changed at any time. Isn’t southern Yunnan an example?

Besides, no one knows better than Luo Nianzhong how much steel Rabbit will use in the future and how fast the growth rate will be.

Baosteel? Even if ten Baosteels were put together, the output wouldn’t be enough.

Anshan Iron and Steel, which was the largest enterprise in Liaoning in 78, with employees and dominating the economic direction of Liaoning Province, was the first step in Luo Nianzhong's plan to save the Northeast economy.

Although Anshan Iron and Steel's technology is backward now, its development is very diversified, involving steel rolling, wire rod, mining, mineral processing, smelting, etc.

These are exactly what Posco Steel needs if it wants to develop in a diversified way. It can be said that one has funds and strength, while the other has technology and talents.

Luo Nianzhong wants to promote comprehensive cooperation between the two companies and common development in multiple fields.

With the Anshan Iron and Steel Group and the Daqing Oilfield, Luo Nianzhong is gradually moving heavy industrial projects here. It is no longer a fantasy that the Northeast has long dominated the leading position in heavy industry.

Some people say that investment beyond Shanhaiguan will not happen until two thousand years later.

Now, whether it is hardware or infrastructure, the Northeast needs to develop better.

As for why it didn't work later? It's not that the country didn't provide policies. In fact, no other province in Northeast China could match the policies. The important thing is that there were too many people like Sun Liancheng.

It’s better not to do it. All departments are like this. Going through the formalities is a big problem.

"I think you can start building a new factory now. I believe we will have news on this matter soon."

"This..." Jin Minzhong was a little hesitant. He wanted to start construction without even making contact. What if the other party disagreed?

Disagree? Luo Nianzhong's ability is not a consideration, but Welch cannot say this.

"Whether POSCO cooperates or not, it will develop into these areas and they will be used sooner or later."

That's true. If the other party disagrees, POSCO will also introduce technology and explore and train talents on its own.

"Okay, then I'll finalize this matter as soon as possible."

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