proud of the official way

Chapter 533 Who is in charge

Fully cooperating with Columbia Investment Bank to carry out urban development has become the biggest political task for Jeju.

According to the deployment of the Jeju Municipal Party Committee and Municipal Government, demolition, financing, and bidding will be implemented simultaneously for large-scale development.

Once the development project was started, the Coordination Office had huge resources in its hands, and its status immediately became prominent, becoming a favorite in the eyes of everyone.

Lin Yan was once again entrusted by the God of Wealth with the important task of reviewing the qualifications of builders and building material suppliers.

Lin Yan was not at all tempted by this lucrative position that outsiders looked at, and only regarded it as a job.

Working hard within the system, intrigues everywhere, corruption and bribery are the most tasteless and dangerous. It is tantamount to digging a grave for yourself, and others can push you down at any time.

Lin Yan declined at that time on the grounds of lack of ability.

However, Yang Jiacheng must insist that Lin Yan take charge of this work, and with Sun Haonan's pressure, Lin Yan had no choice but to take the post reluctantly.

In order to cooperate with Lin Yan's work, the Coordinating Office removed eight business backbones from the Urban Construction Bureau, Planning Bureau, Quality Supervision Bureau, and Industry and Commerce Bureau, and set up a review team to be responsible for professional specific business.

Of course, after the staff reported the results of the review, it was up to Lin Yan to decide which unit would stand out.

As the bidding announcement of the Development Coordination Office was released on Jeju TV Station, Lin Yan became the busiest leader of the entire Coordination Office for a while, and his phone was almost off the hook.

The great development of Jeju, this is a super big cake, and everyone naturally wants to come to get a piece of it.

Not only the local builders and building materials dealers in Lingnan chased and intercepted Lin Yan, and wanted to treat Lin Yan to dinner, but national giants such as China Construction Construction Group and China Railway Group also regarded Lin Yan as a sweet pastry, and tried every means to get close to each other. Lin Yan can make things easier.

Everyone is an insider, and they use Huaxia's unspoken rules with ease.

According to the conventional routine, if you want to get Lin Yan's care, you just have to eat a set meal, which will definitely not achieve your goal.

What construction companies and large building materials merchants are looking forward to most now is to be able to send out their bank cards.

Wu Haotian is also very busy these days, and he is in a hurry, so he can't care about fighting with Lin Yanwo for the time being.

Through small actions, Su Honglei prevented Master Hu from messing up the situation and won the demolition project. Wu Haotian felt very satisfied that he had defeated Lin Yan.

The God of Wealth gave Wu Haotian another errand to make a fortune, so Wu Haotian naturally wanted to seize the opportunity and make a good fortune.

Through his huge network, Wu Haotian contacted usury intermediaries and asked them to solicit funds for Columbia Development Corporation.

At the same time, Wu Haotian gave full play to his energy, invited the heads of the bank to eat and sing, stepped up their relationship, and took low-interest loans from them.

The bank's one-year loan interest is only six points, plus the rebate to the head of the bank, it can reach ten points at most.

After Wu Haotian got the low-interest loan, he could resell it to the Columbia Development Company and earn [-] points of interest, which is like stealing money!

Wu Haotian is ready to fully seize the opportunity to make a fortune, and directly lends [-] million by himself.

With a usury income of 6000 million yuan, plus kickbacks and hard work expenses, Wu Haotian can get [-] million yuan in benefits after completing this business!

Money can turn the devil around.

Wu Haotian has already made a plan. After the completion of the Jeju development, he is also a great hero. Sun Haonan will definitely reward him for his merits.

At the same time that the bidding is fully launched, Jeju official financing has also entered a climax.

One week after the establishment of the Coordination Office, according to the notice of the Municipal Party Committee General Office, Lin Yan, as the representative of the Coordination Office, attended the municipal government financing coordination meeting.

At 08:30 in the morning, Lin Yan arrived at the small conference room of the Municipal Party Committee.

Since starting work, Lin Yan has worked in the municipal committee compound for three months, but this is the first time he has attended a meeting in the municipal committee conference room.

Glancing at the name plate on the table, Lin Yan keenly found that, as expected of the Financing Coordination Committee, not only the four major state-owned banks had arrived, but also miscellaneous troops such as the Rural Credit Cooperatives and the Postal Savings Bank followed closely behind, and more than a dozen private companies in Jeju The bank is also all in place.

The leaders who attended the meeting had their badges set up, including Sun Haonan, Secretary of the Municipal Party Committee, Yan Jun, Mayor, Zheng Kuanxin, Executive Deputy Mayor, Cai Lin, Deputy Mayor in charge of Finance and Trade, and the main heads of the Taxation Bureau of the Finance Bureau.

Lin Yan is just a small leader who enjoys section-level treatment. Among the officials present at the meeting, he is the lowest rank. According to the ranking principle in the Huaxia system, he is naturally placed in the most inconspicuous position.

The heads of the bank had never dealt with Lin Yan. When they saw Lin Yan walking into the conference room with a briefcase under their arms, they thought this handsome guy was the secretary of a certain leader.

It wasn't until Lin Yan took his seat generously that everyone finally understood that this young man was here to attend the meeting just like them.

Everyone is a member of the system, and their hearts are like a mirror. At this age, they can sit at the same table with middle-aged people like them, and their future is naturally immeasurable.

Seeing Lin Yan's name, several neighboring bank leaders murmured a few words. It is said that this person is highly regarded by the God of Wealth, and his background is very mysterious.

Five minutes later, the leaders of the municipal party committee and municipal government walked into the meeting room and sat in their chairs.

The meeting was chaired by Cai Lin, the deputy mayor in charge of finance and trade.

Deputy Mayor Cai put on his boots and cap, and after the 5-minute opening remarks, Sun Haonan, Secretary of the Municipal Party Committee, began to give an important speech, entering the theme of the meeting.

Sun Haonan's theme is very clear. The large-scale development of Columbia Investment Bank is a once-in-a-lifetime historical opportunity for Jeju.

In order to introduce Columbia Investment Bank to Jeju, the city has worked hard and made great efforts.

Hard work pays off, and now that the project has finally landed, the next step requires the full cooperation and full cooperation of all departments in the city.

Sun Haonan pointed out that the bank is the god of wealth, so it is natural to stand on a political level and fully support this large-scale development.

After some mobilization and agitation, Sun Haonan assigned specific financing targets to each bank.

According to Yang Jiacheng's request, the first phase of Columbia Development Corporation needs to raise 40 billion yuan, and the time is very tight.

The four major banks are the backbone, and naturally they have to bear most of the amount. They were allocated 30 billion in financing, which was shared equally by the four banks, and each of them received a target of 5000 million.

The other dozen or so banks will naturally share the remaining 10 billion yuan.

As soon as the municipal party committee secretary's allocation quota came out, the meeting site was suddenly in an uproar.

For the entire city-level banking system, the financing amount of [-] billion is not too large.

However, the situation in Jeju is very special. In other cities, 40 billion is a piece of cake, but for Jeju, it is a big problem.

Private usury is very prevalent in Jeju, and residents seldom deposit their money in banks. As a result, the savings rate of Jeju Bank is very low. Pulling deposits has become the most troublesome problem for bank employees.

More importantly, since Sun Haonan became the Secretary of the Jeju Municipal Party Committee, for his own political achievements, he has promoted face-saving projects, and one after another has been built on the big square and avenue, and there are huge infrastructure projects every year.

Sun Haonan is very happy, but Jeju's financial revenue is stretched and cannot support such infrastructure investment at all.

Financially, Sun Haonan had no choice but to finance construction through bank channels.

After several years of accumulation, the debt of the Jeju City Government has reached more than 300 billion, making it the largest customer of the banking system.

The infrastructure projects in Jeju can only burn money and cannot create benefits at all, let alone the ability to repay bank loans.

A large amount of bank funds are deposited in the government's face projects, and the flow is very tight, and there is a money shortage every year.

At the same time, the bank is also very clear that the Jeju City government is simply unable to repay the astronomical debts. It can only tear down the wall to make up for the wall, borrow the old debt to pay the new debt, and barely pay the bank interest. Finally, the capital chain is not broken.

The banks have been held back by the local debt of the Jeju City government, and asking them to raise 40 billion yuan to support large-scale development is definitely a rush to the shelves.

Bank chiefs bite the bullet and say they are more than willing to support Jeju's urban development.

It's just that the Jeju City government defaulted on astronomical amounts of loans, causing them to have insufficient positions. They are really powerless and cannot raise such a large loan at all.

After a short consultation, the heads of several banks indicated that they could support up to 10 billion yuan.

More than a dozen small banks have followed suit and can support [-] million yuan.

Sun Haonan saw that he had worn out his lips, and the bank leaders finally only took out a quota of 25 billion, and there was still a gap of [-] billion, and his face turned cold.

Sun Haonan warned the head of the bank very seriously that the development of Jeju is an opportunity that must not be missed, and it is also an opportunity for the government to repay the bank's debts.

According to the budget of the financial department, with the development of Columbia Investment Bank, the Jeju City Government can get [-] billion land transfer fees after the whole project is completed!

With this [-] billion, the Jeju City Government can not only pay off local debts in one fell swoop, but also fight a turnaround, saying goodbye to the history of living on debt.

The big cake drawn by the secretary of the municipal party committee naturally attracted the heads of the bank very much.

As financial elites, everyone knows in their hearts that the annual fiscal revenue of the Jeju City Government can barely maintain normal expenditures. If they want to repay the bank's [-] billion debts, there is no hope other than selling land!

With the land transfer fee, the Jeju City Government can repay the bank's loan, anti-blood transfusion to the bank, and revitalize the stock, which is naturally what the bank can't wait for.

However, the current situation of the Jeju banking system has reached their limit to spend [-] billion to support large-scale development.

Sun Haonan obviously came prepared. When he saw that the head of the bank was only complaining but couldn't come up with real money, he immediately announced that if he couldn't come up with a financing plan, the meeting would go on forever, and no one was allowed to eat or sleep!

Hearing the tactics of the secretary of the municipal party committee, Lin Yan smiled helplessly, the leader is really talented!

The heads of the bank were forced to do nothing. After more than two hours of discussion, led by CCB, they finally came up with a plan.

According to the plan of the bank leaders, a wealth management product can be issued to finance the development of Columbia from the private sector.

Although private usury is prevalent in Jeju, after all, there are still many people who feel that usury is relatively risky and are unwilling to get involved because they are worried that they will lose their money.

The interest rate of such wealth management products is much higher than that of savings deposits. Coupled with the public's trust in state-owned banks, sales should not be a big problem.

Sun Haonan was very happy that the financing problem was successfully resolved, and praised the bank leaders.

However, there was still a little unpleasantness in the meantime.

Mayor Yan Jun proposed that if there is a breach of payment of the 25 billion wealth management products, who will bear the responsibility?

Customers who buy wealth management products are the lowest-level people in Jeju. Once their interests are damaged, the consequences will be disastrous.

Sun Haonan was very annoyed by Yan Jun's dismantling!

Sun Haonan immediately stated that with the financial strength of the Colombian investment bank, there will never be a breach of contract.

If there is any accident, Sun Haonan will be responsible for all the responsibilities!

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