The rise of a great power: starting with military industry

Chapter 829 Reclamation of Sea and Land
Liu Tao would record this kind of capital feast in his notebook, using words that only he could understand.

He would read his notebook at least twice every year to remedy his forgetfulness.

The capital feast in the 90s was a capital carnival brought about by the bursting of the Japanese stock and real estate bubbles. This time it dealt a heavy blow to the Japanese economy, but for overseas hot money, it was a rare opportunity and they could make a lot of profit if they operated properly.

Even if you don't understand it, you can make a lot of money by speculating on the Japanese yen exchange rate and relying on the continuous appreciation of the yen against the US dollar.

As for who will pay the price, it is naturally the Japanese!
It was also from this time that the production of Japanese love action films increased significantly, and the quality of actresses rose to a higher level than before.

After that, the British pound and the Italian lira withdrew from the European Monetary System exchange rate mechanism and implemented free floating, and the European Monetary System faced the most serious crisis since its establishment.

When speculating on exchange rates, you can not only speculate on the British pound and the Italian lira, but also on other major European currencies.

Only by using the entire European financial market as a battlefield could Liu Tao feel that he had a good meal.

The next time was the Mexican currency crisis in 1994.

No one would have thought that Mexico has gradually established an industrialized national economic system by pursuing an active import substitution development policy, which is called the development model of a major emerging industrial country by the international economics community. At present, Mexico's per capita GDP exceeds US$3000, making it the second largest country in Latin America after Brazil. In view of the achievements made in its economic reform, Mexico has always been called an economic reform "model" and an investment "hotspot".

If Liu Tao told others that Mexico would experience a financial crisis in two years, he would definitely be laughed at by countless economists and regarded as a fool.

However, in 1994, a financial crisis suddenly broke out in Mexico, which not only caused serious chaos in Mexico's financial markets and brought the country's finances to the brink of collapse, but also spread to neighboring countries and shocked the global financial community.

Of course, Mexico's pie is only so big, and when you add in the whole of Latin America, the entire pie is much smaller than Europe, so the profits that can be made are far less than this time.

Next came the Southeast Asian financial crisis in 1997.

However, it is not certain whether it will arrive as scheduled, even Liu Tao has doubts in his heart.

After the cocktail party, Liu Tao returned to the suite to rest.

The bathtub was filled with hot water. Liu Tao lay in the bathtub, feeling quite relaxed.

I took a bath, got up, wiped myself, and walked out of the bathroom wrapped in a bath towel.

After a while, Liu Tao changed into pajamas and lay on the bed and fell asleep.

The next day, Liu Tao and Ho Ying-tung boarded a helicopter.

Looking down from a high vantage point, land reclamation is currently taking place below.

As early as 1989, Hong Kong completed the feasibility study of the Central and Wan Chai reclamation projects, and implemented a new round of reclamation projects between the Sheung Wan Hong Kong-Macau Ferry Terminal and the Causeway Bay Typhoon Shelter.

The reclamation area consists of three local development areas: Central, Tamar and Wan Chai Convention and Exhibition Centre, which are separated by parks and green areas.

The entire land reclamation project is expected to create 200 hectares of reclaimed land, or 3000 acres of land.

In addition, there is the Kai Tak reclamation project. A large part of Kai Tak Airport itself was built on reclaimed land. With the construction of a new airport on Lantau Island, the Kai Tak area is planned to cooperate with more reclamation development to become a new community covering an area of ​​505 hectares, accommodating 24 to 34 people, and equipped with world-class sports stadiums and tanker terminals and other facilities.

Combined with other reclamation plans, it is estimated that Hong Kong will obtain 20 square kilometers of reclaimed land through land reclamation projects in the next 100 years. It should be noted that the total land area of ​​Hong Kong was only 1106.66 square kilometers before. That is to say, the reclaimed land obtained by land reclamation projects will account for almost 10% of Hong Kong’s land, and they are all good locations for construction.

According to the current land prices in Hong Kong, this land reclamation project is definitely a huge profit.

At present, the land reclamation project is owned by various companies under Panshan Group, 75% by the Huo family, and 15% by others, and then all is handed over to Huaxia Construction Group for general contracting. Once the entire land reclamation project is completed, the land reclaimed from the sea will be able to accommodate nearly 10 million people.

As a result, Hong Kong’s future population ceiling will reach between 1300 and 1400 million.

The larger the population, the larger the market, especially the secondary and tertiary industries, especially the tertiary industry, the larger the market space.

In the future, as Hong Kong develops, and even after some factories move out of Hong Kong, the population of Hong Kong as a whole may even reach 1500 million.

The land reclamation site is very spectacular, with a long cofferdam that blocks the tide, and truckloads of earth and rock transported by ship being continuously dumped in to fill the land.

Part of it was dredging the waterway, but more earth and stone came from other places.

Although transportation costs will take up a part of the cost, it is still completely acceptable to Hong Kong.

These earthworks are mainly earthworks excavated from the Kra Strait and the Mekong River diversion project.

"I believe that within ten years, this piece of land below will become prosperous!" said Ho Ying-tung with anticipation.

Hong Kong has a long history of land reclamation. Over the years, land reclamation has expanded Hong Kong's land area significantly.

It is precisely for this reason that it is not difficult to promote land reclamation projects in Hong Kong, and the support rate is very high.

Liu Tao smiled and said, "This area below is destined to be suitable for construction."

"Hong Kong will definitely develop better and better in the future!" Liu Tao is very sure about this.

"There shouldn't be any major wars in the short term. Hong Kong should seize this rare opportunity for further development," said Liu Tao.

With the end of the Gulf War, there will be no more wars of such a large scale in the next few years.

Of course, this does not mean that the world will suddenly become peaceful.

In fact, there are wars in the World Tree every day, but the places where the wars are fought have low attention and are not reported much.

In Africa, South Asia, the Middle East, and Latin America, wars have never truly subsided.

"Hong Kong must seize this rare historical opportunity and develop further," said Liu Tao.

Hong Kong can become a very important international economic center and can also be further improved politically.

Because of the deliberate targeting, Singapore is now experiencing a difficult development. Its oil refineries and petrochemical industries, which had been heavily invested in, are no longer viable. In terms of the electronics industry, Singapore cannot compare with Hong Kong.

When the Kra Canal is opened, some ships will definitely use the Kra Canal, after all, it can save distance and time.

However, Singapore is the best developed place in Southeast Asia after all, and it is not easy to replace its position.

When British capital withdrew from Hong Kong, most of it went to Singapore because of its extremely important strategic position.

(End of this chapter)