Reborn as the richest man in India
Chapter 227: Not enough money to raise money due to status
"Gawali, I want to separate the architectural design department and set up an architectural design company. What do you think?" Qiao Ge asked.
"No problem. In fact, I also have this idea." Gawali said hurriedly, "Boss, you have too many projects now. As a department, the design department is too restricted."
He still knew very well that Qiao Ge seemed to be asking for his opinion, but in fact he had already made a decision.
And he also realized that Qiaogo is now very demanding in the construction industry, with a lot of investment in projects.
Then we must pay attention to the design aspect.
It is better to leave these aspects to professionals.
"Then we will set up a Gupta Architectural Design Company, Witi, and you will be in charge." Qiao Ge looked at Witi and said.
Witi was so excited that he never thought he could be in charge of a company independently.
"Boss, I will never let you down." Witi said hurriedly.
"In terms of design, your business cannot be limited to projects from our related companies. You also have to take on other people's design projects." Qiao Ge said, "Whether it is ours or someone else's, the effect and quality must be guaranteed. I hope that the design The company can become a benchmark in the architectural design industry. In the future, the scope of this design business can also be expanded, not only architectural design, but also various designs in other industries."
Of course Witi's heart was filled with enthusiasm. Needless to say, Qiao Ge also had such expectations.
Who doesn’t want to be a leader in the industry?
Of course, Jogo recognized Witi's ability.
Only then did Benfamo confirm that Qiao Ge was really ready to move forward on his originally unfinished project.
And Qiaogo's ideas are obviously more mature and more achievable than his own.
Thinking about how passionate I was back then, looking back now, I realize that it was actually full of problems from the beginning, with inherent deficiencies and destined to fail.
Benfamo felt a little regretful and disappointed.
However, he thought that this commercial center could be built under his responsibility, and he would be proud to be lucky enough to participate in such a project.
And according to Qiao Ge, one or more will be built in other big cities in the future to expand this model to the whole country.
Let these commercial centers become the landmarks of major cities and the status symbols of the wealthy class.
This kind of scale was something he had never dared to imagine before.
This kind of achievement is far beyond what I imagined back then.
Thinking about the future, he is now full of passion.
The auction for petrochemical licenses is finally underway.
Although Qiao Ge didn't go to watch it live, he was still paying attention like most people.
A lot of news from the scene came out.
There are 21 companies or individuals participating in the auction, which is much more than the dozen or so that everyone expected. It has almost doubled, and the deposit is 63 billion.
Originally, in everyone's opinion, the threshold for this investment was very high and the conditions were quite harsh. A dozen or so companies would be enough.
The current situation is hot, and it is obvious that everyone is optimistic about the petrochemical industry. Even if these conditions are harsh, they can accept it.
"There are so many rich people." Qiao Ge couldn't help but sigh secretly.
Most of these companies and individuals are joined by several forces.
If a family or a company really participates in the auction, it is still very rare.
There were a lot of people bidding, and even more people came to watch.
It is said that there are more than 300 people, and these people did not hesitate to lend 100 million in order to watch the auction in person.
This is another deposit of more than 30 billion.
Not counting the starting price of 10 billion for the three licenses, the deposit alone is nearly 100 billion.
too crazy.
The poor people in the slums have no food to eat, and people starve to death every day.
The people in this upper class are no different from the wealthy people in developed countries abroad, and their behavior is even more arrogant.
In my previous life, in this world, everyone in the Middle East knew that rich people with a white cloth on their heads were inhumane, but rich people in India were no less generous when they were rich.
At the same time, Qiao Ge was a little confused. There were no new rules in the bidding.
He thought the government would not let the three companies invest a total of 90 billion yuan, but he didn't expect that they didn't say anything.
It may be that the margin here greatly exceeded expectations, so the establishment of a special account to monitor the scale of funds failed.
After all, if you want to establish this supervision account, you will definitely encounter resistance from these bidders. These are not ordinary people, and they still have a lot of energy.
The auction begins at 1 p.m. and ends at 7 p.m.
The forces that finally got the three licenses were the Reliance Group, the alliance of several families like Hebizha, and the alliance of several families from Rupa.
The prices they paid for the licenses were 16.7 billion, 22.8 billion and 15 billion respectively.
The prices of the three licenses can be said to be worlds apart, and the gap between them is outrageous.
It stands to reason that this gap cannot be so big, it can range up to a few hundred million.
There is a reason why this happens.
"Sure enough, the Reliance Group is still lagging behind compared to Lupa's family." Qiao Ge thought secretly in his heart.
A lot can be said about these prices.
The bidding price is actually a reflection of their status.
Lupa's family is similar to Beni's family. It is the most powerful family with huge influence.
So when they took action, many competitors simply gave up.
Even if there is competition, if the other party still persists after reaching a certain price, they will give up.
They dare not raise the price too high for fear of offending people.
Those who really compete with the Lupa family must be wealthy families with similar status.
There are not many of these luxury houses, so the competition is not that fierce, so the final price is the lowest.
The Reliance Group belongs to the second level. Compared with Rupa and other powerful families with a long history, the Reliance Group has a poor foundation and a slightly weaker deterrence. With more people participating in the competition, the price will naturally go up. .
However, Reliance Group has huge wealth after all, and I don’t know if it has secretly given benefits to other bidders, so the price is not too outrageous.
In short, the Reliance Group can completely afford the price of 16.7 billion. It is one of the few people with the financial resources to bid, so there is no need to find anyone to join forces.
The Hebicha family's alliance is almost the weakest among these bidders.
It’s not that they are at the bottom, but most of the bidders here are similar to them. They all have multiple families or some individuals join forces. Their strength is much worse than that of the Rupa family and the Reliance Group.
Since the first two licenses were owned, they had no choice but to fight for the last license, so they fought extremely fiercely. In the end, it could be said that they became red-blooded and the price kept rising.
It is said that the smell of gunpowder at the scene was very strong, and many bidders cursed, which was completely inconsistent with their status as children of wealthy families.
However, no one said much, and it was completely understandable to their mood.
Every time a bid is made, the last bidder is asked to pay a little more.
In the end, the combined forces of Hebiza's family had the last laugh and won the third license.
But the combined power of Hebiza's family paid a much greater price than the previous two families. The Bilupa family paid a full 7.8 billion more.
This is what is called status and not enough money to make up for it.
After all, the combined power of the Hebiza family is similar in strength to its competitors, and no one is ready to let go easily.
In the end, we can only compete on financial resources, so the final auction price is a sky-high price.
Qiaogo can imagine that the government should be happy.
In fact, he could still hear some insider information from Manmohan's words before. For example, the government was not optimistic about the starting price of 10 billion, thinking that it would be embarrassing if no one bids.
After all, there is a quota of 10 billion, which is very costly.
Therefore, in their minds, even if someone auctions it, more than ten to two billion should be the most.
Who would have thought that a total of 54.5 billion was sold, which was almost double the starting price.
It's true that some families are happy and some are sad, and Qiao Ge can also imagine that the Hebicha family may be looking sad.
But it is always a good thing. If you enter the petrochemical industry now, there will be fewer competitors. There will definitely be an advantage if you enter as early as possible. If this does not make any money, then the person in charge can be pulled out and shot.
Just when everyone thought the dust had settled, the government issued a new announcement the next day, targeting the three companies that successfully bid for the license.
Qiao Ge heard it on the radio, and after confirming it, it was true news.
The government requires the three companies to deposit at least 30 billion in funds within a month into a regulatory account specially opened by the government for them. The purpose is to monitor the availability of their funds and prevent the three companies from falsely reporting the amount of investment.
These funds can only be used for project construction, and the government will release funds sequentially according to the progress of project construction.
At the same time, other demands were also made on the three governments.
That is, the petrochemical plant must be completed and put into production within five years. If the deadline is exceeded, the 3 billion deposit will not be refunded and a fine will be imposed.
For petrochemical licenses, the government allows transfer, but the above conditions remain unchanged. Even if there is a takeover, the above conditions must be observed.
"Tsk, tsk, tsk, it looks a bit ugly when you eat it." Qiao Ge said in surprise.
He also thought that the government did not consider this measure because the auction price and deposit amount exceeded expectations.
Unexpectedly, I still don’t want to let go of this 90 billion.
However, Qiao Ge thought about the methods used by India to defraud foreign companies. Laws can be enacted at any time and can be traced back. So the government just added a few conditions the next day, which was completely routine.
In response to this situation, all three families have protested, with Hebiza's reaction being the most violent.
There is no way, they are the weakest among the three, including financial resources.
Acquiring a spot at a high price was already far beyond their budget, and now they have to raise another 30 billion within a month, which is a bit scary.
Their original plan did not say that they would delay the construction of petrochemical plants.
It’s just that during the construction process, the funds can be gradually provided, so that the pressure will not be so great.
It's really dangerous for the government to do this now.
Except for the Reliance Group, even the combined forces of the Rupa family would find it difficult to come up with so much cash at once.
A protest is a protest, and the government's attitude is firm.
Moreover, the government has made it clear that the petrochemical industry is related to national security and must be treated strictly.
With such a big hat off, who can say anything more?
So this matter cannot be changed unless you don't want to do it and transfer the license.
No one is willing to transfer the license that I worked so hard to obtain.
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