We're building a super chaebol in Hong Kong

“In that case, for the sake of the Governor, I’ll concede a bit. I definitely want all the outlying islands. Lantau Island is sparsely populated with little flat land and limited development prospects. I’ll let the outlying islands like Lantau Island go to Hong Kong Electric. Surely that’s not too difficult for China Light and Power, is it?

Secondly, Tuen Mun will also go to Hong Kong Electric. You should understand why, as our Tianwen Petroleum Company's Tuen Mun oil base is located there. I will be investing billions, even tens of billions of Hong Kong dollars, starting there. We definitely need to control the electricity supply ourselves. Besides, the Tuen Mun New Town market started developing because of the Tuen Mun oil base, so it's not excessive for us to want Tuen Mun, is it?

Finally, the Sai Kung area must be given to us. I have already bought large areas of Tseung Kwan O and Clear Water Bay Peninsula, and development is already underway. It wouldn't make sense for my own land to be supplied with electricity by China Light and Power. After all, even if you don't agree, we will eventually run submarine cables from Shau Kei Wan on Hong Kong Island to Tseung Kwan O and Clear Water Bay Peninsula.

I'm already being very sincere. If you still refuse, I will compete with your Kadoorie family for China Light and Power at all costs. I don't think that's what the Kadoorie family wants to see. I hope Mr. Lawrence Kadoorie can consider this carefully.”

At this point, Su Cheng didn't need to continue arguing with him and directly stated his bottom line.

In fact, these were the conditions Su Cheng had already considered when Ma Shiming proposed this method.

The most valuable of the outlying islands is naturally Lantau Island. Don't be fooled by its current sparse population. Once the Kai Tak Airport is relocated there in the future, its value will greatly increase.

However, the new airport is currently just a concept, without even related planning.

The plan to build the new airport at Chek Lap Kok on Lantau Island was announced on October 11, 1989, by the then Governor of Hong Kong, Sir David Wilson.

On April 4, 1990, the Provisional Airport Authority was established under the Provisional Airport Authority Ordinance to plan, design, and construct the new airport.

By the time Hong Kong International Airport was completed and opened, it was already July 6, 1998.

Therefore, neither MacLehose nor Lawrence Kadoorie would have imagined that Hong Kong's international airport would be relocated to Lantau Island in the future.

Hearing Su Cheng's words, Lawrence Kadoorie still felt frustrated and wanted to refute, but couldn't bring himself to speak.

After all, Su Cheng had already stated that this was his bottom line. If he didn't agree, Su Cheng would compete with him to the end.

How strong is Su Cheng's strength? No one knows.

But everyone knows that Su Cheng has almost never lost in the business world!

The Kadoorie family owns 40% of the shares, which indeed gives them an inherent advantage. If it's just a battle for control, the Kadoorie family has a greater chance of winning.

But what happens after the battle?

This is the business world, and the business world is like a battlefield. Lawrence Kadoorie has experienced much more than Su Cheng, so he understands the cruelty involved.

Seeing Lawrence Kadoorie remain silent, MacLehose began to persuade him from the side, “Mr. Lawrence Kadoorie, I think Mr. Su Cheng has already made many concessions. I also understand the operating situation of China Light and Power very well. Even if you remove the outlying islands, Tuen Mun, and Sai Kung, your power supply revenue will still be nearly 95%. The loss is not significant.

Without the outlying islands, Tuen Mun, and Sai Kung, China Light and Power's power supply range still includes the New Territories, Yuen Long, Tsuen Wan, Sha Tin, Kwun Tong, Tai Po, Kowloon City, and so on. In terms of power supply area, you still have more and a stronger advantage!

It's reasonable for Tuen Mun and Sai Kung to go to Hong Kong Electric, as Mr. Su Cheng has invested a lot of capital in these places. As for the outlying islands like Lantau Island, the profit value is not significant. Lawrence Kadoorie doesn't need to start a conflict with Mr. Su Cheng for this small amount of profit.

Since Mr. Su has already made a concession, you should also make a concession. Otherwise, it will be difficult for me as the Governor!”

MacLehose's words were meant to give Lawrence Kadoorie a way out. After all, threatening a business tycoon like Lawrence Kadoorie would definitely make him lose face. MacLehose's mediation at this time would help Lawrence Kadoorie save face.

“It’s easy to talk about the outlying islands and Sai Kung, but the Governor should know that China Light and Power and ExxonMobil have planned a Castle Peak Power Station in Tap Shek Kok, Tuen Mun. Reclamation has already begun this year. In the future, we plan to build a large power plant there. If we give Tuen Mun to Hong Kong Electric, we will suffer a great loss, and we will have to find a new place to plan a large power plant.” Lawrence Kadoorie sighed and said.

The Castle Peak Power Station, jointly invested by China Light and Power Company and ExxonMobil, is located at the foot of Castle Peak, southwest of Tap Shek Kok, Tuen Mun. According to the plan, this large power plant will be completed in 1982, after which it will solve the power shortage problem in Kowloon City. It mainly generates electricity by burning coal, and it is built by the sea to facilitate the transportation of coal by sea.

After the power plant is completed, it will make a great contribution to the Kowloon Peninsula of Hong Kong. Even when Lantau Island develops in the future, the Castle Peak Power Station will be able to supply enough power there.

“The New Territories, Yuen Long, Tsuen Wan, Sha Tin, Tai Po and other places are so large and have long coastlines. It shouldn’t be difficult for you to find a place to build another power station, right? We can purchase the Castle Peak Power Station you planned at the same price and will not let you lose a penny. After all, our Tuen Mun oil base will also be a large consumer of electricity after it is completed, and we will also need to build a large power plant at that time. The Castle Peak Power Station is currently only in the reclamation stage and has not yet started construction, so if you find another place to build it, it will not delay your construction period.” Su Cheng said directly.

“If you choose another site, our government will complete the procedures for you as soon as possible.” MacLehose also said.

The latest novels are first published on 69shu.com!

The location of power stations is nothing more than sparsely populated places. This is too easy to find in the New Territories, Yuen Long, Sha Tin, Tai Po and other places. If they want to find another place to build a large power plant, it is not difficult. The main thing is just the approval from the government.

Now that MacLehose has already expressed his support, it is even less difficult.