Chapter 829 Land Reclamation
For this kind of capital feast, Liu Tao would record it in his notebook, using words that only he could understand.
Every year, he would pick up his notebook and read it at least twice to avoid forgetting.
The capital feast in the 1990s was the capital carnival brought about by the bursting of the bubble in the Japanese stock market and real estate market. This time, it hit the Japanese economy hard, but for overseas hot money, it was a rare opportunity, and if operated properly, it would make a lot of money.
Even if you don’t understand, you only need to speculate on the yen exchange rate, and you can make a lot of money by relying on the continuous increase in the yen-dollar exchange rate.
As for who pays the price, it is naturally the Japanese!
It was also from this time that the production of Japanese love action movies increased significantly, and the quality of actresses rose a step higher than before.
After that, the British pound and the Italian lira withdrew from the European Monetary System exchange rate mechanism and implemented free floating. The European Monetary System faced the most serious crisis since its establishment.
Speculating on exchange rates can not only speculate on the British pound and the Italian lira, but also on other major European currencies.
It is also with the entire European financial market as a battlefield that Liu Tao can feel full.
The next time, we have to wait until the Mexican currency crisis in 1994.
No one would have thought that now Mexico has gradually established an industrialized national economic system by pursuing an active import substitution development policy. It 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$3,000, 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 "hot spot".
If Liu Tao told others that there would be a financial crisis in Mexico in two years, he would definitely be laughed at by countless economists and considered a fool.
But in 1994, a financial crisis suddenly broke out in Mexico. This financial crisis not only caused serious chaos in Mexico's financial market and the national finances were on the verge of collapse, but also affected neighboring countries and shocked the global financial community.
Of course, Mexico's plate is so big, plus the entire Latin America, the whole plate is much smaller than Europe, so the profit is far less than this time.
Next, it was the Southeast Asian financial crisis in 1997.
But whether it will come as expected now is not certain, even Liu Tao has doubts in his heart.
After the cocktail party, Liu Tao went back to the suite to rest.
The bathtub was filled with hot water. Liu Tao lay in the bathtub and felt quite relaxed.
He took a bath, got up and wiped himself, then walked out of the bathroom wrapped in a bath towel.
After a while, he changed into pajamas and lay on the bed to sleep.
The next day, Liu Tao and Ho Ying-tung boarded a helicopter.
Looking down from a high place, land reclamation was going on below.
As early as 1989, Xiangjiang completed the feasibility study of the Central and Wan Chai reclamation plan, and implemented a new round of reclamation projects between the Hong Kong-Macao Ferry Terminal in Sheung Wan and the Causeway Bay Typhoon Shelter.
The reclamation area is composed of three regional development areas separated by parks and green areas: Central, Tamar and Wan Chai Convention and Exhibition Center.
The entire reclamation is expected to create 200 hectares of reclaimed land, or 3,000 acres of land.
In addition, there is the Kai Tak reclamation project. A large part of Kai Tak Airport itself is 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 and accommodating 240,000 to 340,000 people, with world-class sports stadiums and tanker terminals and other facilities.
In addition to other reclamation plans, it is expected that Hong Kong will obtain 100 square kilometers of reclaimed land through reclamation projects in the next 20 years. It should be noted that the total land area of Hong Kong before was only 1,106.66 square kilometers, which means that the reclaimed land obtained by the reclamation project will account for almost 10% of Hong Kong's land, and all of them are good locations for construction.
According to the current land prices in Hong Kong, this reclamation project is absolutely profitable.
At present, the various companies under the Panshan Group occupy 75%, the Huo family occupies 15%, and the others occupy 10%, and then all are handed over to the Huaxia Construction Group for general contracting and construction.
Once the entire land reclamation project is completed, the land reclaimed will be able to accommodate almost 5 million people.
Thus, the future population ceiling of Hong Kong can reach between 13 million and 14 million.
The larger the population, the larger the market, especially the secondary and tertiary industries, especially the tertiary industry market space.
In the future, with the development of Hong Kong, even after some factories move out of Hong Kong, the population of the entire Hong Kong can even reach 15 million.
The land reclamation site is very spectacular, with a long cofferdam that blocks the tide, and trucks of earth and stone transported by ship are constantly thrown in.
Some of them are for dredging waterways. But more earth and stone come from other places.
Although the transportation cost will occupy a part, it is still completely acceptable for 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 be prosperous!" Huo Yingdong said with expectation.
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 because of 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 of this.
"In the short term, there should not be any major wars. Hong Kong should seize the rare opportunity to develop further." Liu Tao said.
With the end of the Gulf War, there will be no such large-scale wars in the next few years.
Of course, it does not mean that the world will be peaceful all of a sudden.
In fact, the world tree is fighting every day, but the places where the wars are fought are less concerned and there are no reports.
In Africa, South Asia, the Middle East, and Latin America, the wars have never really subsided.
"Hong Kong should seize the rare historical opportunity and develop further." Liu Tao said.
Hong Kong can become a very important economic center in the world, and at the same time it can be further improved politically.
Because of deliberate sniping, Singapore's development is not smooth now. The oil refinery and petrochemical industry that have invested heavily have been difficult to develop. 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 so easy to replace it.
When British capital withdrew from Hong Kong, a large part of it withdrew to Singapore. This is because Singapore has an extremely important strategic position.
