Through the wealth life

Chapter 721 Singapore Investment

In the morning of the next day, Li Guangyu and his party arrived at Singapore Changi International Airport by special plane. Senior government officials, ministers of industry and commerce of Singapore greeted Li Guangyu and Zheng Yutong at the airport.

In the living room of the Singapore government, senior government officials of Singapore and several government officials held friendly discussions with the delegation of Li Guangyu.

This time, Li Guangyu and his colleagues invested in Singapore not at all smaller than in Malaysia. They will build a Chinatown with an investment of 40 billion Hong Kong dollars in Singapore. There are some differences between this place and Malaysia. This place pays more attention to business and office, and there is no plan for residential buildings.

Since Singapore has government-guaranteed housing, the housing prices here are relatively stable, and the profit in commercial housing is relatively low. Li Guangyu and others are not included in the commercial housing in Singapore.

The Chinatown they built in Singapore this time is mainly commercial complexes and office buildings, and they have no plans to sell them in this regard, and their future profits will mainly depend on rental income.

After senior government officials introduced Singapore's advantages and their government's policies on foreign investment, Li Guangyu said: "Singapore has developed rapidly over the years, and is known as the Four Asian Tigers together with Xiangjiang, Baodao, and South Korea. It has convenient transportation, excellent The geographical location and excellent political and business environment make us believe that the future development of Singapore will be more brilliant, and our subsidiaries are also willing to invest in Singapore and develop together with Singapore."

Li Gaoguan is very happy with the development of Singapore in recent years. He now hopes to build Singapore into a financial center, a high-tech research and development center, and a logistics and trade center in Southeast Asia.

In this regard, the investment of the Li's Consortium and the Xiangjiang Consortium has a huge role in promoting this, especially in terms of logistics, trade and finance. Behind the Li's Consortium and the Xiangjiang Consortium are large fleets, and the top banks in Asia are all It can provide assistance for their development in Singapore.

As for high-tech research and development, Li Gaoguan also knows that Li Guangyu focuses on the layout of semiconductors in Baodao, and the mobile phone industry in Xiangjiang. They don't have to think about it in Singapore.

The most important thing for him is to seize the advantages of Singapore's location in the Strait of Malacca, and reach an agreement with the Li's consortium and the Xiangjiang consortium on logistics, so that Singapore can become the distribution center of their shipping group in Southeast Asia.

Since Singapore is the only country in Southeast Asia with a relatively complete and well-developed heavy industry, the Lee Consortium and the Hongkong Consortium can provide them with ship procurement and Bentley Group's steel needs.

In the afternoon, accompanied by the Minister of Industry of Singapore, Li Guangyu and his party visited the Jurong Industrial Zone in Singapore, which is currently the location of Singapore's heavy industry.

Compared with Singapore, Xiangjiang still lacks in this aspect. Xiangjiang does not have any heavy industry enterprises, and even the technology industry is far behind Singapore. At present, Xiangjiang can only dominate Singapore in terms of finance.

In the evening, Li Guangyu and the others discussed the situation of today's investigation and discussed the upcoming activities at the same time.

Zheng Yutong said: "Coslight, in Singapore, there are not many investment opportunities for our real estate group, and the profit rate is low, which is not suitable for a large number of our real estate group to settle in. I think the hotel industry here has great potential, and the tourism market here is still good. , I believe that our hotel can achieve very good results when it enters the dream."

Now regardless of the Lee Consortium or the Heung Kong Consortium, the vast majority of shareholders have real estate groups in their hands, which is also their current main business. However, commercial and residential development in Singapore is too profitable, so they will not enter the Singapore market.

The main markets of the Lee Consortium in Southeast Asia are still in Malaysia and Thailand, along with the Philippines and Indonesia. They have no plans to enter Singapore on a large scale.

Although the geographical location here is quite good, the labor cost is much higher than that in Malaysia, which is why Li Guangyu built his truck production base in Malaysia instead of Singapore.

It is good for Singapore to establish an oil and gas chemical industry, but Li Guangyu and others have not entered the energy industry at present, and it is too early to talk about this issue.

Moreover, the Singapore market is only so big, and the real estate industry they are engaged in is not very profitable here, and they are not willing to come to compete with the Singapore family.

This time, the Wheelock Group under Li Guangyu ordered two freighters at the Singapore state-owned shipyard, and Cao Weide also ordered two ships on behalf of the Wanbang Shipping Group. It was a project given by them to visit Singapore.

Including the Chinatown with an investment of 40 billion Hong Kong dollars, their investment here is almost the same this time.

Of course, Li Guangyu Wheelock Group and Cao Wenjin's Wanbang Shipping Group also signed a contract with Singapore on using the Singapore port as the group's Southeast Asian cargo distribution center.

Li Guangyu himself knows that Singapore will be one of the important tourist destinations in Southeast Asia in the future. The future Singapore tourism market will be quite good, and the hotel service industry will be quite good.

Li Guangyu said: "As for the hotel, Vice President Wang Xingquan will conduct an investigation and come up with an effective plan."

Cao Weide said: "Guangyu, this time we Wanbang Shipping Group and your Wheelock Group will jointly build a cargo storage center in the port of Singapore. We will ask the senior management of your Wheelock Group to take charge of this aspect. You also know that Daddy and I are also in business now. Many, we don’t have enough manpower here, and your Wheelock Group has been relatively idle for the past two years, so letting a vice president come over will not delay the development of your Wheelock Group.”

Cao Weide himself often travels between Xiangjiang and Bangkok. He doesn't want to take over the affairs of Singapore. It's better to let Li Guangyu send people over here. Anyway, there are many high-level executives in the Wheelock Group, so let them send people over. For the construction side, IWC Shipping will send finance personnel over.

Li Guangyu is also aware of the situation of the Cao family. Now Cao Wenjin often travels between Xiangjiang and Tokyo, and Cao Weide himself has to go back and forth between Xiangjiang and Bangkok. They really don’t have much energy to take care of the affairs here. Outside of the city of horse racing, there are no projects for the time being, and there is no problem in having a vice president come over.

Li Guangyu said: "Second brother, I will arrange for a vice president of Wheelock Group to come over and take charge of the preliminary work of the cargo storage center here. Your Wanbang Shipping Group will arrange personnel to coordinate and form a management team here."

After discussing the affairs here, Li Guangyu said habitually: "Ganqin, you inform Guo Qingya and ask her to arrange for a vice president of the group to come to Singapore."

After Li Guangyu finished speaking, Zheng Yutong and others laughed, and Li Guangyu also realized that Ganqin is not here now.

Li Guangyu then said to Le Yiling: "Yi Ling, you contact Guo Qingya and ask her to arrange for a vice president to come over and coordinate the investment with the Singaporean government based on the situation here, so that the cargo storage center can be started as soon as possible, and as soon as possible. Put into use."

Cao Weide was a little worried about his sister. It seemed that Li Guangyu was used to using that assistant. When he had something to order, he would subconsciously be Gan Qin. Unpleasant things are good.

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(End of this chapter)