Reborn Tycoon Rise

After Huo Yingdong and Bao Yugang left, Secretary Zhang smiled and asked, "I wonder if Mr. Xu has anything else to ask?"

Xu Zhidao: "Secretary Zhang, I know that the mainland has just reformed and opened up, and foreign exchange is relatively tight. I have an investment here that can bring a lot of foreign exchange to the government to a certain extent?"

"Oh, what investment? Do you want to build a factory?" Secretary Zhang's eyes lit up and he asked eagerly.

The mainland government's lack of foreign exchange is no secret. In 1978, the central government sent a large number of high-level officials to visit various countries. While increasing international relations, many people also broadened their horizons.

Many countries, led by the United States, have also relaxed various cooperation restrictions on the mainland.

Foreign investment delegations poured into the mainland like a tide to conduct inspections, but they all failed because they found three problems that they could not overcome.

First: The mainland’s industrial supporting facilities at that time were very poor.

Second: Mainland state-owned factory workers are too inefficient

Third: Foreign exchange controls are strict. It is easy for funds to enter the country, but it is extremely difficult to get out.

By 1979, almost none of the large-scale investment plans had succeeded, and many had not even had the opportunity to negotiate.

However, reform must still be persisted. If foreign investors are unwilling to invest, they can only spend their own money. Foreign exchange was already tight at that time, and it was necessary to purchase large-scale production lines and some high-end equipment.

In the past, money could not buy these things. Now that restrictions have been lifted in the West, in order to collect enough foreign exchange, the central government even trades gold reserves. In this era, having foreign exchange is really a big deal!

"No." Xu Zhi shook his head and asked, "Has Secretary Zhang ever heard of golf?"

"Golf?" Secretary Zhang was stunned for a moment, then nodded: "I've heard that it's a sport that many capitalists like to play."

Xu Zhi smiled and said: "Yes, I have an idea. In fact, many people in Xiangjiang like to play golf, but the terrain in Xiangjiang is not very good, and the flat land has been used to build houses. Although there are two golf courses, The area is too small and the fees are very expensive. Only some super rich people can afford it.”

Secretary Zhang also understood and said, "Mr. Xu wants to build a golf course here?"

Xu Zhi nodded and said: "Yes, as the forefront of reform and opening up, Shenhai City will not only receive businessmen from Xiangjiang, but also guests from other European and American countries. European and American people prefer golf, and many rich people like to play while playing. Talking about business while golfing, once you have fun playing, the business will be done.

Secretary Zhang, if there are foreign friends coming to Shenhai City for inspection in the future, the golf course will definitely be the best place for discussion! "

Secretary Zhang was also a little moved and asked: "Mr. Xu, I heard that the golf course is quite large, but I don't know the exact size. Is this...?"

Xu Zhidao: "Generally, a golf course requires about 50 hectares!"

"50 hectares?" Secretary Zhang was startled and said, "Half a square kilometer?"

"Yes, this is just an ordinary stadium." Xu Zhi smiled and said: "Secretary Zhang, I am planning to build the largest stadium in Asia. It is estimated that the area will be about 1.5-2 square kilometers!"

Secretary Zhang frowned and said, "Isn't this too big?"

"It's not big." Xu Zhidao: "If you want to do it, do it the best. Secretary Zhang, once this golf course is completed, it can become a flag of Shenhai City. As long as foreign businessmen arrive in the future, they can be invited to Asia's largest golf course." Stadium, foreign businessmen will be happy, and business negotiations will get twice the result with half the effort!

And the courses I plan include hotels, cinemas, resorts, competition venues, etc..."

"This..." Secretary Zhang said: "It is impossible for the central government to agree to such a large place. The constitution stipulates that land cannot be traded or leased!"

Xu Zhi said: "I know this, but now that it is reform and opening up, and Shenhai City is also at the forefront of reform, some necessary steps must be taken a little bigger. At present, the entire country is short of foreign exchange. Now as long as the government allows it, I will take the lead here." It costs hundreds of millions of Hong Kong dollars in foreign exchange, and subsequent tourists will also spend foreign exchange when traveling, and when paying taxes, they will also spend foreign exchange. Why not?

And since it’s possible to use land as a stake when building a hotel, why can’t it be used for my golf course? "

In this era, except for the newly opened Shekou Industrial Zone, investment in other places in China must be based on joint ventures. The Chinese generally invest in land, part of resources, and cash. This is the case for joint venture hotels in various places.

If he could be a sole proprietor and buy this land alone, Xu Zhi would of course be more willing to pay it all in one go. However, under the current constitutional provisions, selling land is absolutely impossible, even in a pilot city like Shenhai City for reform and opening up. Dare to blatantly violate the constitution, and the 70-year lease requirement will not be possible until the constitution is changed in 1986.

Secretary Zhang pushed up his glasses and asked, "Has Mr. Xu chosen the place?"

Xu Zhidao: "We have selected it. We are now 3km northeast. The terrain there is suitable for building a golf course. And I sent people to check it out. It is basically farmland and there are more than a dozen villages. But as long as the project is completed, Our company can build them homes with double the area elsewhere."

Secretary Zhang frowned and said: "Why should it be built near the city? There should be fewer villages in a farther place, and your company's investment will be much less, right?"

Xu Zhidao: "It can only be built near the city, Secretary Zhang. This is also for the sake of future customer sources. The transportation in Shenhai City is not good. If the stadium is too far from the city, it will seriously affect future foreign customers or Xiangjiang people." If you are interested, choose something near the city. Although you will invest a little more now, your future income will be higher, and the tax revenue received by the city government will also be higher!”

"It makes sense." Secretary Zhang nodded, thought for a while and asked, "I will report this to the province. I wonder how much investment is needed for this project?"

Xu Zhi said: "It depends on the land environment of the location, but since it is the largest stadium, there must be a lot of supporting facilities. I estimate that it will require at least HK$200 million in funds!"

"200 million Hong Kong dollars!" Secretary Zhang's face remained calm, but he was very moved in his heart. You must know that Shenhai City's finances are extremely difficult now. Last year, the fiscal revenue of the entire city (it was still a county seat) was only 30 million yuan. Although there are some investments in Shekou, But there is financial independence there, and the industrial zone itself owes a large sum of money to Hong Kong Bank.

If this investment project can succeed, it will definitely greatly ease the financial situation of the municipal government!

Xu Zhi smiled and said: "This is just a minimum estimate. If this project can be completed, I will also build a road from the city to the stadium. In addition, I can provide 10 luxury cars for the future government to receive foreign businessmen!"

But there is another condition, that is, if in the future, the central government allows foreign investment, or the land can be transferred and leased, then the land will still have to be transferred to us, or leased to us according to the maximum number of years in law. "