I Want To Be a Rich Man on Hong Kong Island

Chapter 574: 【Development of Tin Shui Wai】

  Chapter 574 【Development of Tin Shui Wai】

  The British Hong Kong government has ruled Hong Kong since January 26, 1841. By the time of MacLehose, it had a total of 25 governors;

  MacLehose has been the Governor of Hong Kong since 1971, and this year is his fourth year in office;

  It can be said that this is the moment of MacLehose’s ambitions. After hearing about Wu Guangyao’s town building plan, he immediately decided to organize discussions among the heads of various departments of the Hong Kong government.

  Although MacLehose did not have any administrative management experience before managing Xiangjiang, he lacked bureaucracy and was willing to do practical things for the whole Xiangjiang;

The same is true of the facts. During MacLehose’s tenure in his previous life, Heung Kong carried out drastic reforms involving housing, clean government, education, medical care, infrastructure, transportation, economy and many social welfare. The most famous of these is the development of new towns. , Ten-year housing project, nine-year free education, the creation of the Independent Commission Against Corruption, and the construction of the Mass Transit Railway.

However, the "Home Ownership" plan has affected the interests of too many people. Even the Governor of Hong Kong has difficulty advancing the plan vigorously. In the end, a balance has been formed between the two parties. The number of low-cost housing launched each year has been drastically reduced. An "image project!

  Although Wu Guangyao decided to support the Hong Kong Government to build a large number of public housing estates in Tin Shui Wai, Wu Guangyao knew that these public housing estates would not affect Hong Kong real estate too much.

  A lot of changes have taken place on Hong Kong Island because of his appearance;

  First of all, the population has increased by tens of thousands or even more in the same period than the population in the previous life. As the population increases, the demand for housing also increases.

  Secondly, the per capita income level should have increased by 15% to 20% in the same period. The increase in income level means that the number of people who can afford to buy a house increases.

Finally, the Hong Kong government has implemented the'commercial base policy', which means that mainland residents can obtain Hong Kong's legal status as long as they arrive in the urban areas of Hong Kong. During this period of history, Hong Kong's economy has exploded and a large amount of labor is urgently needed. This has also caused a large number of mainland residents to come to Hong Kong during this period of time. If the development of Tin Shui Wai requires a large number of workers, these people can just provide cheap labor and become beneficiaries of public housing in the future.

After learning that Wu Guangyao intends to develop Tin Shui Wai, MacLehose immediately discussed with his staff and some officials of the Hong Kong government department; everyone agreed that the Wu family has the ability to build a new town that can accommodate 500,000 people. This can not only stimulate Hong Kong’s economy, but also alleviate some social contradictions in Hong Kong, such as housing problems and employment problems.

  From an economic point of view, it is indeed beneficial and harmless to the Hong Kong Government and Hong Kong Island, and it is even helping the Hong Kong Government to solve problems;

  However, the Hong Kong government still has to consider a political issue, that is, whether Wu Guangyao’s influence will continue to expand, thereby affecting the British rule of Hong Kong.

  In the end, McLehose personally made the decision and said: “According to the MI6 investigation, the Wu family has never clearly surrendered to the mainland government; on the contrary, we should win over the Wu family, which is conducive to future negotiations!”

   To win over the Wu family is itself a strategy in London;

  On the issue of Hong Kong Island, London needs to win over the Wu family;

  In terms of the British local economy, London also needs to win over the Wu family.

  In the following month, Wu Guangyao led his team and met with the Hong Kong government several times;

  The two parties had a series of discussions on various aspects of the development of Tin Shui Wai.

  Science and Technology Industrial Parks, universities of science and technology, public housing estates, commercial facilities, etc., all discussed a series of details.

  December 25, 1974, Christmas in the West.

  The Wu Consortium and the Hong Kong Government have reached an agreement. The Wu Consortium will invest at least HK$10 billion within 15 years to build a new town capable of accommodating 500,000 people in Tin Shui Wai, New Territories.

  The news came out, shocking Hong Kong and Kowloon!

  People from all walks of life generally believe that the New Territories has always been a forbidden land for real estate developers because of sovereignty issues and inconvenient transportation;

  Now that the Wu family consortium actually invests 10 billion Hong Kong dollars, are you not afraid of being left alone?

  While there was a lot of discussion outside, Wu Guangyao summoned the CEOs of all his companies and held a meeting in the family office of the Cheung Shi Building.

  "Look at the information at hand, the development of Tin Shui Wai cannot be separated from the support of the company you manage; I will set up a project team to develop Tin Shui Wai as soon as possible, and the company under your management must obey the arrangement of the project team!"

  This project team, Wu Guangyao naturally leads the position of team leader, and adds three more deputy team leaders, and then a series of departments.

  Li Xing said happily: “Assisting the Hong Kong government to build 30,000 low-rent housing units is equivalent to solving the living environment of only 100,000 people. In other words, our several real estates may still need to solve the living environment of 300,000 people.”

  The living environment of 300,000 people is equivalent to six Taikoo Shings, which makes several real estate CEOs excited to think about it!

  Wu Guangyao waved his hand and said: “The premise is that the Science and Technology Industrial Park can be a big success, otherwise there are not many jobs. How can we attract citizens to live in Tianshuiwei?”

Fu Hongru took the topic and said, “The boss doesn’t need to worry. Baiyou Group can at least solve the labor problem of 5,000 people in the Tianshuiwei Science and Technology Industrial Park. The main reason is that food and beverage companies have developed rapidly, and Shauqiwan has gradually become a prosperous area. We can move the factory in Shauqiwan to Tin Shui Wai. The land in Shauqiwan can be used to develop real estate and bring a lot of profits."

Li Bing of   Zipper Group also said: “The factories in Tsuen Wan can also support the relocation!”

  Next, everyone offered suggestions, but everyone used the relocation of the factory as the main resource.

Wu Guangyao said: "If you follow your statement, my original intention will be completely changed! What I want is to increase the industrial competitiveness of Hong Kong Island, not to relocate my own factories and then use the original factory skins to develop real estate. To tell you the truth, the science and technology industrial park is really not what you want to enter. Some low-end manufacturing industries, I will not let them in at all.

  To give you the bottom line, in the new science and technology park, I will invest a lot in the electronics industry and machinery production.

  As for your factories, I will not develop real estate projects! "

  In previous lives, some industrialists saw the hot real estate on Hong Kong Island and used factory skins to develop real estate. In the end, the entire industry disappeared.

  Speaking of it, if the land of Wu Guangyao's factory is in the 21st century, it is expected that hundreds of billions of Hong Kong dollars will not be a problem;

  But the point is that the Wu family does not lack 100 billion Hong Kong dollars at all!

  Next, everyone is finally honest, and the suggestions made are finally a bit constructive!

  For example, the Zipper Group has been vigorously developing machinery manufacturing in recent years, and plans to invest in a factory with about 3,000 people in Tianshuiwei;

  For example, Master Kong, a subsidiary of Baiyou Group, can invest in a 2,000-person factory in Tianshuiwei in the future;

  The toy factory under the Oriental Media Group can also invest in a 2,000-person factory in Tianshuiwei;

  After some discussion, the employment problem of 10,000 people was almost determined;

  Wu Guangyao said: “For the time being, with this plan, plus the electronics factory I expect, there will be no problem with almost 30,000 people working in the science and technology park. In the future, we will gradually attract investment!”

  Actually, Wu Guangyao still has a lot of investment, and he didn't say it!

  According to the historical process, at least in the late 1990s, the mainland can be regarded as a mature factory transfer location;

  So as long as the Tin Shuiwei Industrial Park, before the late 1990s, complete the transformation and become a high-tech industrial park;

  So, the future of Tin Shui Wai will not be affected by mainland development!

  (End of this chapter)

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