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#409 - Development Prospects of Lantau Island

"That's a great idea. I agree," Wei Li said in agreement.

"Yes, this method is good. After the handover with China Light and Power, implement it immediately. Before the construction is completed, we can borrow electricity from China Light and Power first," Su Cheng said with a smile.

"Boss, does Lantau Island really have great development prospects?" Ma Shiming asked curiously.

Lantau Island is located in the southwest of Hong Kong and is the largest island in Hong Kong, with an area of 147 square kilometers, almost twice the size of Hong Kong Island, the second largest island in Hong Kong.

However, in the past and present, Lantau Island has suffered from inconvenient transportation and distance from the urban area of Hong Kong, resulting in the undeveloped land and sparse population.

Therefore, although Ma Shiming's ability is very good, he could not see what development prospects Lantau Island has. Why does the boss insist on taking Lantau Island?

Today, the entire Lantau Island has such a large area, but the population is less than 50,000.

This is Hong Kong, where there are more people than land!

In addition, Cheung Chau Island next to Lantau Island is also a very good place. The island is not large, but the population is almost the same as the entire Lantau Island. It is the most densely populated island among the outlying islands. If we take the entire outlying islands, Cheung Chau Island will naturally be under our control!"

Su Cheng did not say the news that the future Hong Kong International Airport will be located in Lantau Island. Just one Tsing Ma Bridge is enough.

Although Su Cheng's news did not come from the government, the government really started to study the connection plan between Lantau Island and Tsuen Wan this year. This plan will be implemented in 1982, but it will be stopped due to certain reasons, and the Tsing Ma Bridge will not officially start construction until the 1990s.

More than ten years may be a very long time for a company.

However, it is nothing for a service-oriented enterprise like Hong Kong Electric Group.

No matter what happens, anyone can go bankrupt, but the government will not let companies like Hong Kong Electric Group go bankrupt.

This is why Hong Kong Electric Group and China Light and Power Company have been able to develop for so long.

The electricity consumption of just one airport is enough to exceed the electricity consumption of many, many households.

What's more, the international airport will also bring a series of supporting facilities.

According to the original historical trajectory, in 1989, the then Governor of Hong Kong, Sir David Wilson, announced the "Airport Core Program" and connected it to the land transportation outside the island with the Airport Railway and the Tsing Yi-Lantau Link. Lantau Island began to be built on a large scale.

Moreover, the development of new towns has also been started in Hong Kong in recent years. Lantau Island currently does not have a new town, but with such a large area, it is impossible not to have a development plan for a new town in the future.

Since development began in 1973, six new towns have been developed to cope with Hong Kong's population growth and to disperse the population in the crowded urban areas, thereby improving Hong Kong's living environment.

The six new towns are Tsuen Wan, Sha Tin, Tuen Mun, Tai Po, Fanling (Sheung Shui), and Yuen Long.

In the 80s and 90s, Hong Kong will develop three more new towns, namely Tseung Kwan O, Tin Shui Wai, and North Lantau.

The most core place in Tseung Kwan O has already been bought by Su Cheng, which can be regarded as his advance layout.

North Lantau New Town is located in Lantau Island. When it is developed in the future, the population will definitely start to rise. By then, the population of just one North Lantau New Town will easily reach hundreds of thousands.

There is also Disneyland. If this parallel world, Disneyland will still be located in Hong Kong, then its location must still be in Lantau Island, because there is no place more suitable for it than Lantau Island.

It's just that, in this parallel world, Su Cheng is already preparing to build an international tourist resort. At that time, I don't know whether Disneyland will still appear in Hong Kong.

After all, the world-class tourist resort built by Su Cheng is, strictly speaking, a real competitor with Disneyland.

"I also heard that the government is studying the bridge plan to Lantau Island," Wei Li nodded from the side.

After all, Wei Li is in charge of a behemoth like Hutchison Whampoa, and his status in Hong Kong is very high, so he naturally knows something about the government's movements.

"In addition, the development of the oil base in Tuen Mun in the future will require a very large amount of electricity. It will naturally be more cost-effective to use our own electricity, and the performance of Hong Kong Electric Group can also be improved. In addition, ExxonMobil, Shell, BP Oil Company, etc., are also starting to invest in building factories there due to my investment there and the invitation of the Governor. The Tuen Mun New Town is also developing better and better, so the future development of Tuen Mun will not be worse than Sha Tin. This is why I want to take Tuen Mun," Su Cheng continued.

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As for Sai Kung, there is no need to say more. Everyone knows that Su Cheng is currently carrying out large-scale development of Tseung Kwan O and Clear Water Bay Peninsula in southern Sai Kung. In the future, many places there will belong to Su Cheng's territory. How could Su Cheng let China Light and Power do such an important thing as power supply?

Hong Kong Electric Group will definitely need to develop overseas markets in the future, but before that, Su Cheng hopes that Hong Kong Electric Group can master enough market share in Hong Kong and accumulate more funds, so that it can lead China Light and Power Company in future overseas market development.

The three of them began to discuss the future development plan of Hong Kong Electric Group in the office.

As a power supply company, it must have land reserves, otherwise, when needed, the cost of expropriating the developed areas is very high.

At present, Hong Kong Electric Group has sufficient funds on its books, so it can start hoarding land for Hong Kong Electric Group.

The outlying islands, Tuen Mun, and Sai Kung were not within the power supply range of Hong Kong Electric Group before, so Hong Kong Electric Group did not have land in these places.

However, now that these places have been obtained, it is time to prepare land reserves for the development of Hong Kong Electric Group.

In the future, whether these reserved plots are used to develop real estate or to build supporting power supply buildings, hoarding the plots will eliminate future worries.

Su Cheng knows clearly which of these places will have development prospects in the future. He only needs to ask Xiao Ai to produce a map of Hong Kong in the 21st century.

Knowing which places will have development prospects, buying them now, even if they are abandoned and not developed, these plots will become more and more valuable in the future.

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