We're building a super chaebol in Hong Kong
#152 - Film and Television Base
"Extending the subway to Tseung Kwan O is not something I can decide alone. How about this: I will submit the proposal to the Legislative Council of Hong Kong for deliberation. I will inform Mr. Su of the final outcome at that time," MacLehose ultimately did not directly refuse.
"Is that so?" Su Cheng was somewhat helpless. He thought extending the subway line wouldn't be too difficult!
Seeing Su Cheng's expression, MacLehose added, "However, Mr. Su, please rest assured. Since you have agreed to request the extension of this subway line in the form of a personal investment, the chances of it passing are very high, and I will do my best to support your proposal."
"With the Governor's words, I can rest assured. Then, I'll leave everything to the Governor. Believe me, if the construction of the Tseung Kwan O tourist resort goes smoothly, tourists from all over the world will have another reason to come to Hong Kong!" Su Cheng's eyes lit up upon hearing MacLehose's words.
Who has the final say in Hong Kong? Of course, it's the Governor! With MacLehose's support, the Legislative Council's deliberation is just a formality.
The Governor is the British monarch's plenipotentiary representative in Hong Kong, and also serves as the commander-in-chief of the three armed forces stationed in Hong Kong.
The Governor of Hong Kong has immense power, presiding over Hong Kong's administrative body, the Executive Council, and the legislative body, the Legislative Council, and appointing members to both councils.
Before 1985, in addition to appointing all members of the Legislative Council, all motions or bills discussed in the council ultimately required the Governor's consent and signature to pass.
In other words, the Governor also has a "final veto" on all motions.
Therefore, in Hong Kong, it's easy to get things done if you have a good relationship with the Governor.
"As far as I know, the crude oil purchased by Mr. Su's Wentian Petroleum Company should be gradually shipped back to Tuen Mun, Hong Kong, right? Are you really so sure that purchasing so much crude oil won't result in a loss?" MacLehose suddenly changed the topic, shifting from the Tseung Kwan O matter to oil.
Now, who doesn't know about the amount of crude oil purchased by Su Cheng's Wentian Petroleum Company!
According to the current international crude oil prices, these 170 million barrels of crude oil are worth more than 10 billion Hong Kong dollars, although Su Cheng got a bit of a discount for buying so much.
Initially, Su Cheng did promise the government to invest tens of billions in the oil industry, but the Governor doesn't just want to buy crude oil and stockpile it; he wants to develop Hong Kong's oil industry.
"Governor, please rest assured. I have other uses for purchasing so much crude oil, and it's for short-term holding. As a businessman, I have my plans. As for the development of Hong Kong's oil industry, Tuen Mun is steadily progressing. The refining equipment, oil processing equipment, and so on are being installed in an orderly manner. I believe the Governor is also aware of this. Moreover, I have invested heavily in building a crude oil loading and unloading wharf, which is enough to show that I am truly determined to invest in the oil industry, and not just talking about it," Su Cheng said firmly, knowing what MacLehose was worried about.
The Tuen Mun oil base is very large, and infrastructure construction will take a lot of time, so Su Cheng has a reason to say this.
He can't just spend tens of billions to invest in it all at once; the money has to be spent effectively!
Speaking of which, the first batch of crude oil transported from the Middle East to Hong Kong will arrive in Hong Kong in a few days.
When the time comes, he should go to the site to welcome it!
Su Cheng has high hopes for this batch of crude oil.
In this era before crude oil futures existed, the only way to make money in the oil crisis was to use such a simple and crude method.
The world's first crude oil futures contract wouldn't be officially born until the 1980s; now it's just beginning to sprout. It's impossible to make money through crude oil futures.
If there were crude oil futures, Su Cheng wouldn't need to make things so complicated.
After hearing Su Cheng's words, MacLehose was still somewhat skeptical, but the time is still short, and the base construction is currently progressing in an orderly manner. He couldn't possibly question whether Su Cheng had failed to execute the contract he signed with the Hong Kong government, could he? He was indeed executing it!
"Mr. Su and Mr. Yang, if you have nothing else to do, would you like to stay for dinner tonight? I'll ask the kitchen to add a dish. Speaking of which, after so many years in Hong Kong, I've also come to enjoy your Chinese cuisine," MacLehose said, looking at the time. It was already past five in the afternoon, so he simply extended an invitation.
"Governor, your kind invitation is something I naturally cannot refuse. Then, thank you, Governor," Su Cheng said, making the decision since he was the one in charge between himself and Yang Chaoye. So he simply agreed directly.
Being invited to dinner by MacLehose is a wish for who knows how many people in Hong Kong. This is the top leader of Hong Kong, and this can be considered indirectly increasing their relationship.
After all, this is the British Hong Kong era. If you want to do well in Hong Kong, it is very necessary to have a good relationship with the Governor.
"Then I'll call the kitchen now and ask them to add a dish," MacLehose said with a smile.
Subsequently, he made a call to the logistics department of Government House.
After MacLehose finished the call and returned to the sofa to sit down, Su Cheng said again, "Governor, I have another matter to discuss with you."
"Mr. Su, please speak," MacLehose said.
"I plan to build a large-scale film and television base. Currently, the preliminary location is determined to be on the Clear Water Bay Peninsula on the southeast side of Tseung Kwan O, which is opposite Siu Sai Wan. Therefore, I hope the Governor can provide us with some assistance," Su Cheng said directly.
"The film and television base that Mr. Su is talking about, is it similar to Shaw Brothers Studio's film and television base?" MacLehose asked curiously.
The newest novels are first published on 69shu.com!
And Su Cheng's film and television base is located near Tai Chik Sha in Tseung Kwan O. The sea to the west is Chai Wan, and the sea to the east is Clear Water Bay, which is the land on the Clear Water Bay Peninsula.
In the future, Shaw Brothers Company will build a new Shaw Brothers Studio, and the location of the new Shaw Brothers Studio will be near where Su Cheng is talking about now.
However, in this world, it is destined to belong to Su Cheng.
"Mr. Su, I will mention this matter to the Lands Department. Your company can just negotiate with the Lands Department. The transaction of public land is under the management of the Lands Department. For normal commercial construction needs, even if I don't handle it, the Lands Department will not refuse," MacLehose said directly.
Hong Kong's finances, in addition to taxes, land sales are also an important source of revenue, so if there are no special circumstances, the government naturally has no reason to refuse.
"Since that's the case, then I can rest assured," Su Cheng nodded.
Currently, Tai Chik Sha is even more remote than Tseung Kwan O, and even villages are rare, so if you buy land there, it will be even simpler.
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