We're building a super chaebol in Hong Kong
#512 - Investment Projects
Since it's a project not intended to make money, Su Cheng naturally hoped to bring more big shots to jointly build the Pearl River Delta.
In the future, investment in the Pearl River Delta would not be just his business alone, but that of many Hong Kong businessmen.
If he were to rely solely on his investment to boost the economy of the Pearl River Delta, it wouldn't be impossible, but it would be too slow.
Based on Su Cheng's knowledge of this area from his previous life, Guangdong Province should only truly enter a phase of rapid development from the mid-1980s onwards, especially in the 1990s.
But now, it's only the late 1970s.
Since he's been brought to this era, Su Cheng doesn't mind bringing forward the time when it enters this rapid development phase.
Anyway, the Hutchison Whampoa Group and numerous subsidiaries of the Su Group under his banner all possess manufacturing industries.
After Oracle brand experience stores became popular worldwide and rapidly expanded, the sales of electrical products of the Su Group and Hutchison Whampoa Group continued to rise.
As sales increased, it was natural to expand production scale, otherwise, they would only have to wait to be sold out.
For example, if one of his factories has a total of 10,000 employees, and relocating this factory to the mainland saves 1,000 Hong Kong dollars per employee, then Su Cheng can save 10 million Hong Kong dollars in expenses per month, which is 120 million Hong Kong dollars per year!
And this is just for one factory's employees.
According to the statistics of Li Wei and Yang Chaoye, the factories under these two groups alone have more than 60,000 employees, which is the current situation.
60,000 employees, that's a savings of 60 million per month, and 720 million Hong Kong dollars per year!
And this is just the current situation. In the future, these factories will continue to expand, and the number of employees will continue to increase.
Therefore, with such a large factory scale, how much money would be wasted if they continue to develop in Hong Kong?
It can develop the economy of the Pearl River Delta region, revitalize the economic vitality of these places, and create more profits for himself. This is a win-win situation, so why not do it!
What's more, Guangdong Province has also provided many preferential policies for these Hong Kong businessmen.
For example, discounts on land purchases, tax exemptions, and so on.
These can also save a lot of money.
In Hong Kong, Su Cheng's two major groups paid a lot of taxes last year.
If the factories are placed in the mainland, all of these can be saved.
The world is bustling, all for profit; the world is hustling, all for profit.
The reason why the Pearl River Delta can develop in the future naturally has its many advantages.
Otherwise, it would be impossible to attract so many Hong Kong businessmen to transfer their industries to the Pearl River Delta.
This is a win-win situation.
If the Pearl River Delta successfully develops its economy, Hong Kong businessmen can also make more money, and everyone can be happy. What a great thing.
Anyway, the products produced in Hong Kong still have to be shipped all over the world. Relying solely on such a small market in Hong Kong, the products that can be digested are too few.
Whether it is Peng City or Yang City, there are excellent ports. In the future, products can be directly transported from these places to all over the world, without having to go through Hong Kong.
However, for the time being, this is not realistic.
The policies are not open enough, and the infrastructure is not perfect enough. Even if factories are built now, many products produced may only be able to reach all parts of the world through channels in Hong Kong, but in a few years, it should be much better.
Port expansion, road improvement, and better infrastructure will naturally be more conducive to attracting foreign investment.
"Mr. Su, Mr. Bao, thank you very much!" The old man once again stood up from his seat to express his gratitude.
Although, he knew that it would be difficult for Guangdong Province to develop in the short term.
However, what about after ten or even twenty years of development? If investment promotion is successful, then it can set an example for the entire mainland.
Next, the group started chatting again.
Especially Yang Chaoye and the son-in-law of the Ship King Bao, who also joined in the chat this time.
Previously, those were all capital investments. The two did not have the right to make this decision, so it was better not to speak. Now it is different. Talking about the idea of economic development, everyone can speak freely, and even other officials also participated with smiles.
"Mr. Bao, if you invest, what do you plan to invest in here?" Su Cheng asked Ship King Bao curiously.
Ship King Bao's industry is naturally dominated by the shipping industry.
But now the shipping industry seems to be in a trough again, and it is not suitable for expansion.
As for Wharf, it is now mainly engaged in property development and rent collection. There doesn't seem to be any good investment projects in the mainland, and Su Cheng is still the second largest shareholder.
The government will definitely not welcome only buying land and not engaging in real business.
Therefore, Su Cheng became curious and asked directly in front of everyone.
As for himself, there are many projects that can be invested in.
In fact, the industries under his banner are too miscellaneous, almost involving all industries, and there is no worry about not having projects to invest in.
On the other hand, Su Cheng became a little curious about Ship King Bao's side.
"As far as I know, the mainland's shipbuilding industry is relatively backward. This is an investment direction. In addition, there are the hotel industry, tourism industry, and so on, all of which can be invested in, but these require us to carefully investigate before making a decision," Ship King Bao said with a smile.
Obviously, Ship King Bao had already thought about it before coming.
Indeed, the mainland's shipbuilding industry is quite different from international shipbuilding technology due to the closure of technology.
As a bigwig in the shipping industry, it is not difficult for Ship King Bao to obtain advanced shipbuilding technology.
If the shipbuilding industry is invested in the mainland, the mainland market has just been developed, and the future demand for ships may not be small.
However, these are just ideas after all, and whether they can be implemented in the end is still a question.
"Since Mr. Su asked me, then I have to ask Mr. Su, if you invest in the mainland, which industries do you plan to invest in?" Ship King Bao continued to ask with a smile without waiting for Su Cheng to speak.
(End of this chapter)
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