Hong Kong Island's New Rich Era

Chapter 72: Inspection of Industrial Park (First Order)

Just before the Spring Festival, Orange Technology announced that it would build a technology industrial park in Yuen Long, covering an area of ​​approximately 600 million square feet.

At this point, the recently much-discussed plan for a 10,000-person industrial park has officially been implemented.

The entire industrial park includes an assembly plant with an annual output of 15 arcade machines, a fan factory with an annual output of 200 million units, a Walkman factory with an annual output of one million units (reserved), a motor production factory with an annual output of one million units (reserved), an engine R&D center, a science and technology R&D center, and a toy production factory with an annual output of 500 million units.

In this way, while the industrial park is being completed, Orange Technology and Chigo Industry will move out of their current locations. By then, many supporting factories will move to Yuen Long, which is what the Hong Kong government wants to see.

Next to the industrial park, Huangpu Group also purchased a piece of commercial land and built a small Huangpu Plaza.

The commercial plaza will have supermarkets, office buildings, residential buildings, and a four-star hotel to facilitate the production and life of employees in the industrial park.

…………

In fact, there was one thing last year that made Liu Zhicheng feel very regretful. That was when Zhao Yazhi and Dr. Huang got married, and he sent someone to deliver a gift.

Since the two of them met, they could occasionally meet and drink tea, but there had been no practical breakthrough and they had always been in a state of spiritual communication. In the end, he chose to give up on Zhao Yazhi.

After the Spring Festival, Liu Zhicheng’s first thing was to pay attention to the construction of the industrial park.

While he is not busy now, Liu Zhicheng decided to go to inspect the construction progress of the Yuen Long Industrial Park site. There are some things that you will feel uneasy if you don't go there and see them first.

Liu Zhicheng first handled some official business in the office today, and then set off for Orange Technology's industrial park construction site in Yuen Long.

In the future, except for the company's sales department and the corporate group's office department, which will remain in Hong Kong and Kowloon, all other departments will move to the Yuen Long Industrial Park, of course, with the exception of the Whampoa Group.

The land here is relatively cheap, and the houses will also be cheaper. In order to let the employees live and work in peace and contentment, Liu Zhicheng plans to launch an employee "housing project".

It is a point system for employees, giving them points every year based on their length of service and contribution. Then they can settle down in Yuen Long and enjoy housing purchase subsidies or rental subsidies.

The Hong Kong government is also happy to see companies provide employees with more welfare policies. Of course, it requires priority purchase of Whampoa Group's real estate projects in Yuen Long.

As soon as Liu Zhicheng reached a preliminary agreement with the Hong Kong government, he arranged for the Whampoa Group to purchase a large amount of commercial land reserves in Yuen Long.

Before others can react, enough land to build several residential communities with thousands of households has been reserved. Liu Zhicheng will then propose these real estate projects and implement preferential policies for employees in the industrial park.

Of course, these are all business activities of the Huangpu Group and have nothing to do with Liu Zhicheng’s industrial park plan.

Some real estate tycoons in the city also smelled something, just like Li Chaoren seemed to have seen the actions of the Whampoa Group and also rushed over to hoard a lot of land.

Liu Zhicheng didn't care. Yuen Long was so big that he couldn't take it all by himself. But the Hong Kong government saw something was wrong and quickly issued a new guiding document to stop this chaos.

Accompanying Liu Zhicheng on the inspection were Huo Haiqing from Chigo International, Wang Xingfa from Orange Technology, Hao Qingwen from Huangpu Group, and assistant Han Chunxi.

Liu Zhicheng has appointed Huo Haiqing to be in charge of the industrial park project and promoted him as his special assistant. In the car, Huo Haiqing gave Liu Zhicheng a brief report on the project.

"The Hong Kong government has granted us four hectares of land, with a land transfer fee of HK$4500 million. We plan to build twelve industrial buildings with more than ten floors, two of which are R&D office buildings with laboratory facilities."

Huo Haiqing said this, opened the blueprint he carried with him, showed it to Liu Zhicheng, and then introduced:
"One is a 15-storey logistics service center, which has a staff restaurant, gym, convenience store, and staff dormitory. The other eight are 8-storey industrial buildings."

"The last building is a 10-storey office building, where all the companies in the park will work together. The budget for the entire project is HK$ million and the construction period is one year."

The Orange Technology Park would not be put into use until the first half of 1977. With such a huge investment, the entire project was for the own use of Liu Zhicheng's companies.

After driving for an hour, Liu Zhicheng and his party arrived at the Yuen Long Science and Technology Park.

The road from Hong Kong and Kowloon to Yuen Long is still inconvenient. The Hong Kong government has planned to build a high-grade highway from Yuen Long to Kwai Chung Pier this year. This place can be said to be still a rural area, and the surrounding environment is quite quiet, but with the arrival of the engineering team, the noise is inevitable.

Liu Zhicheng saw that the land for the entire project was being leveled, and he could imagine what a busy scene it would be with twelve building sites starting construction at the same time.

Yuen Long is currently a rural town in its former life. The industrial park is about three kilometers away from the densely populated Yuen Long Town and is located next to the planned Yuen Kwai Highway.

"When will the land be leveled and completed?" Liu Zhicheng asked after taking a look.

"Mr. Liu, it will probably be all finished in March. Then the building construction can start, and the main construction will probably be completed within five months."

In fact, at this time, the Xiangjiang engineering team is still very helpful. As long as you pay the money in place and on time, although it cannot match the speed of Pengcheng in the previous life, the project can definitely be completed on time and with quality.

"Mr. Liu, once the main structure of the project is capped, we will simultaneously install the equipment inside the factory. When the entire project is completed, the factory equipment can also be put into use."

"Well, this plan is very good, but the quality of the project must be guaranteed. We want to be a century-old enterprise."

Huo Haiqing pointed to a construction site across the street and said, "This is the construction site of Huangpu Plaza. Mr. Hao will give you the details."

Liu Zhicheng just nodded without saying anything. Seeing this, Hao Qingwen immediately spoke up.

"Mr. Liu, we plan to build a shopping mall, two office buildings, four residential buildings, and a four-star hotel at Whampoa Plaza in Yuen Long. The residential buildings can be completed within a year. However, only the main part of the hotel and shopping mall can be completed within a year."

Liu Zhicheng thought for a moment and asked, "What about the other pieces of land?"

“We have acquired five plots of land in total, all across the road, and plan to complete the project within four years.”

After Hao Qingwen finished speaking, he pointed in the direction across the street and continued, "The five buildings can probably build more than 7,000 houses ranging from 500 feet to 700 feet."

When Liu Zhicheng heard this, he smiled and asked, "Is Huangpu Group out of money again?"

"Mr. Liu, it is indeed quite tense. Although we spent 200 million to acquire land in Yuen Long and increased bank loans, our debt ratio has actually decreased due to the rise in the share price of Whampoa Group."

Due to a series of actions taken by the Whampoa Group, the current market value of the Whampoa Group has reached 7 million. It is said that Qi Dezun was so angry that he broke several cups in the Hutchison office.

"Well, don't have any new plans for the time being. First make sure the projects under construction start smoothly." Liu Zhicheng knew that after the land auction in Tsim Sha Tsui East started this year, housing prices in Hong Kong would start to take off.

Even though the Whampoa Group has no money now, as long as it can survive three to five months, it will become a popular commodity in Hong Kong, and banks will actively send money to it, because the land reserves in Whampoa's hands are money.

"What is the current situation of Huangpu City?" Liu Zhicheng asked again about the construction status of Huangpu City.

Hao Qingwen was confident and blurted out, "We are now completely dismantling the dock facilities. Part of the land for the first phase of the project, the land for the five residential buildings has been cleared, and the construction team has entered the site for construction. Pre-sale will be available in the second half of this year."

"Well, I trust you to do the job. Just follow our plan, but you must consult professionals about real estate development."

Liu Zhicheng was a little worried about Hao Qingwen because he came from an investment background and was very ambitious, and he liked to use super economic leverage to get things done.

If Liu Zhicheng had not stopped it, construction of Hong Kong's tallest building would have already begun.

Liu Zhicheng and his party walked to the construction site of Huangpu Square. The site was not too large, but it was enough to serve as the preliminary supporting project of an industrial park.

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(End of this chapter)