We're building a super chaebol in Hong Kong
#592 - Give me three to five years.
Urban renewal is a massive investment, and real estate companies without substantial strength simply cannot undertake such projects.
Moreover, this is also a new mode of development. Even after the Macau government announces it, local real estate companies may not necessarily dare to get involved.
Therefore, this could allow Su Cheng to get the first taste of the pie!
Others may not dare to invest in urban renewal, but Su Cheng does!
Su Cheng knows how strong Macau's regional advantages will be in the future.
If Macau's area wasn't so small, and its population not so large, development would easily face bottlenecks. With Macau's geographical advantages and autonomous policies, it might not be inferior to Hong Kong.
After all, Su Cheng has seen the areas in the suburbs of the Macau Peninsula. They are mainly one-story houses, and some are simply makeshift structures.
In addition, there are some dilapidated factories and warehouses.
The unplanned suburbs of the Macau Peninsula have disorderly and unevenly distributed residences, with too many diagonal roads, dead ends, and curved roads. The structures are simple, with poor disaster resistance, including earthquake resistance, fire prevention, and flood control. The living conditions are crowded, with poor functionality, poor living environment, no roads, no greenery, no public activity spaces, and poor lighting and ventilation, among many other problems.
These areas are also the most chaotic, with various illegal transactions and acts of violence frequently occurring, making it difficult even for the Macau Public Security Police to manage.
When Su Cheng passed by before, seeing the environment inside, he felt that he might even get lost if he went in.
Demolishing these houses will definitely not require much capital. The input cost will not be very high, and the compensation amount will not be very high either.
Unlike the urban villages in big cities in Su Cheng's previous life, where almost every household has six or seven floors or more, trying to settle with these homeowners would require a huge investment in compensation, and the demolition would be troublesome.
The Macau Peninsula is just this small. It is definitely impossible to build an industrial park here. Therefore, Su Cheng's idea is to renovate all the surrounding areas and then build commercial buildings in these places, with a small portion of the area used to build high-end new residential areas.
And urban renewal requires the full support of the government.
"Mr. Su, these shantytowns are home to a large population. Many people choose to rent houses in these shantytowns when they first come to Macau to develop. If we demolish these places, where will these people who have just come to Macau and are penniless live? If these people are not handled properly, it will easily have a great impact on Macau's public security!" The head of the Public Security Bureau directly asked his question.
"This matter is very simple. Those who have houses will naturally receive compensation. Those who do not have houses, we will invest in a science and technology industrial park on Taipa Island next, which will require a large amount of labor. If these people are willing, we will not only have very good salaries at that time, but also provide room and board, which is enough to solve these problems. For a small number of elderly or children without families, we can build nursing homes and orphanages to ensure that these elderly and children have no problems with food and accommodation. As for those laborers who are unwilling to go, it means that they have their own ways of survival. As long as they do not affect the safety of Macau, we naturally do not need to pay attention to them," Su Cheng directly gave a solution.
His many industries will need a large amount of labor if the subsequent production expansion all comes to Macau to build factories. These people who temporarily have nowhere to go due to demolition are the best source of labor.
"Just give me a short three years to a long five years, and I will let the entire Macau undergo earth-shattering changes, creating a city with developed industries such as industry, tourism, gambling, shipping, and commerce. All of these require your greatest support. Without your cooperation, no matter how much I plan and advise on Macau's economy, it will be useless!" Su Cheng continued.
Su Cheng had already said many things to Governor Izzedi before. Here, he was just repeating them, in order to get enough support from these people.
Otherwise, if Governor Izzedi supports him alone, and the people below engage in petty actions, it will also be an obstacle to his large-scale investment.
"Mr. Su, please rest assured that as long as it is within the legal scope and receives government support, we will fully cooperate!" The Director of the Public Security Bureau said directly.
The heads of other departments also echoed, and the scene was harmonious.
On April 25, 1974, the Portuguese Revolution succeeded, implementing a decolonization policy, recognizing that Macau was illegally occupied by Portugal, and first proposed returning Macau to China.
Due to the lack of appropriate handover conditions at the time, Elder Zhou proposed temporarily maintaining the status quo in Macau and taking back Macau after the handover conditions were met.
Therefore, these people in the Macau Governor's Office do not actually feel as superior as those in the Hong Kong Governor's Office.
They know that sooner or later, Macau will return to its mother's side. Portugal is now just managing it on behalf, and this time should not be too long.
Therefore, the senior officials of the Governor's Office are actually very willing to delegate power.
Macau is just a place for them to boost their political achievements.
These senior officials of the Macau government are also happy to see that they can manage Macau very well without having to put in too much effort.
The higher the profile of Macau, the better their political achievements will be, which is a win-win situation.
Su Cheng was also a little surprised. He didn't expect these senior officials to be so easy to talk to?
He only hoped that they were really willing to cooperate, and not say one thing and do another, creating trouble for him secretly.
Of course, Su Cheng was not afraid of them either. With Su Cheng's current status and position, he was more than capable of handling them in a small place like Macau.
This meeting lasted for more than an hour and ended at almost one o'clock in the afternoon.
Afterwards, the Governor's Office warmly entertained Su Cheng and others. Su Cheng had another sumptuous Portuguese banquet this time.
After the banquet, Su Cheng took everyone to inspect the Macau Peninsula, Taipa Island, and Coloane Island again one by one.
His industries cover the vast majority of industries, so to develop in Macau, these company leaders must have a sufficient understanding of Macau.
Hutchison Telecom's Macau branch has gradually developed and can be regarded as the best-performing company under Su Cheng's industry in Macau.
After all, relying on the total sales of more than 6,000 mobile phones, Hutchison Telecom has obtained more than 100 million Hong Kong dollars in sales in Macau.
As for the subsidiaries of other companies, even if they have opened branches here, they are just small-scale operations.
Throughout the day, Su Cheng and his party also gained a certain understanding of Macau.
Next, Su Cheng will discuss internally how to invest in Macau.
(End of this chapter)
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