Chapter 220 Harmandan's Invitation
W Hamandan smiled reservedly and said, "Jiang, welcome to Dubai. If you immigrate to Dubai, I will give you an island in the Chinese part of the world island."
Jiang Feng was stunned again, but he didn't expect that Hamandan would come to dig him.
As for the World Island project that Hamandan mentioned, Jiang Feng naturally knew it.
Dubai, the second largest emirate in the UAE, developed at an impressive pace in the early 21st century. It has gone from a quiet and nameless fishing village in the 1960s to a modern metropolis that is famous all over the world. Along Dubai Waterfront Avenue, every developed desert is filled with tall buildings and modern villas.
Dubai's development method is unique in the Gulf region, opening its doors to investors and settlers to become the world's financial center. Luxury resorts and shopping places continue to emerge in Dubai, with picturesque white sand beaches and sunshine throughout the year as the highlights.
But by the 1990s, all the beaches in Dubai were developed. In order to solve the land shortage, Dubai people suddenly had a whim and decided to build artificial palm islands in the sea, and then build luxury resorts and shopping places on the island, attracting investors and wealthy people from all over the world to settle here with their picturesque white beaches and year-round sunshine.
The plan was approved by Dubai Crown Prince Sheikh Mohammed bin Rashid Al Maktoum, who put Nahel, who controlled him in charge, and personally approved the palm tree design plan because it maximizes the beach area.
The Palm Island project consists of four island groups, including Palm Jumaira, Palm Alishan, Palm Della and World Island. The World Island is the largest artificial island in the world.
The World Island is 4 kilometers away from the Dubai coast and is located between the famous super-luxury sailing hotel Arabia Tower and the Port of Rashid in Dubai. People can only travel between the mainland and the islands by water or air traffic. The designer considers that after the completion of the World Island in the future, nearly 250,000 settlers and tourists will go there every year. In the archipelago, Iceland, the central transportation hub, 5 waterways, 4 transportation centers and more than 2,000 berths have been designed and built, with 60 large transport ships and 400 taxi boats similar to taxis in cities. In the future, tourists can take small boats from here to travel between the islands.
The Island of World adds 232 kilometers of coastline to Dubai.
The original design of "Island of the World" was to build seven continents. However, Dubai people found that such a large island would not be afforded by anyone, so they changed the seven continents to artificial archipelago composed of 300 artificial islands in the shape of various continents in the world. The entire archipelago is 9 kilometers long and 7 kilometers wide. The area of each island ranges from 23,000 square meters to 83,600 square meters, and there are 50 to 100 meters of water between the islands. Islands are divided into 4 types: private residences, luxury residences, dream parks and public islands. The 300 islands are protected by an oval breakwater of about 2 meters high.
The project will use 30 million tons of rock and 300 million cubic meters of sand. Without any artificial or chemical materials, the rock comes from quarries across the UAE, and the sand is taken from Dubai.
"Island of the World" is the most expensive real estate on the planet, with each island priced at about $15-50 million.
Among them, some of China have five islands, including "Beijing Island", "Pearl Island", "Chuncheng Island", "Hong Kong Island" and "Taiwan Island", with an area of between 30,000 square meters and 50,000 square meters, which is considered medium among all islands. But even so, the value of each island is no less than 20 million US dollars.
Now, Hamandan said that if Jiang Feng immigrated to Dubai, he would give him an island in the world island, and the capital would be large.
However, Jiang Feng was also very aware that the so-called "Eighth Miracle in the World" that was blown to heaven by Dubai people. In the end, due to the financial crisis, it became the world's largest "unfinished building".
Jiang Feng smiled and said, "Hamdan, I feel your sincerity, but I have no plan to immigrate."
Hamandan said with some disappointment: "It's such a shame. However, Jiang, I still welcome you to invest in Dubai. I believe that with your intervention, Dubai's development will be faster."
Jiang Feng smiled and said, "Hamdan, I know your idea. Your Palm Island project is indeed very thoughtful and attractive. However, for me personally, I am not optimistic about your project."
Many people will lament the power of money for these paradises on earth. But in fact, behind these huge moves of money in Dubai, is the crisis when oil resources are finally exhausted. In 1966, the discovery of oil fields here changed the fate of Dubai people in one fell swoop. Now, Dubai decision-makers led by the crown prince are trying every means to find suitable investment goals for the wealth earned by oil, and plan ahead to deal with possible oil resource depletion in the future. They established vigorously to develop tourism, build Dubai into a free trade center, financial center, commercial center and technology center between the East and the West, and attract development policies to high-income classes around the world.
Now, when Hamandan heard Jiang Feng's words, his face changed a little.
This project is the greatest pride of his father in his life. Now Jiang Feng actually said that he is not optimistic about it. Wouldn’t this deny his father?
However, Hamandan knew the magic of this young man from his interactions with Jiang Feng. In more than two years, he started from scratch and created a huge wealth that can now be among the top ten richest people in the world. Therefore, although Hamandan was unhappy, he did not show anything, but asked: "Jiang, why do you say that?"
"I don't know if you have heard of it. There is a very famous saying for us Chinese people, which is called building houses on the beach - not reliable. Now your Palm Island project is to really build houses on the beach, and even not just build houses, but to build islands one by one. I have to say that you Dubai people have a bit of imagination, but you have not considered the difficulties you need to face in this project." Jiang Feng said.
"Jiang, we know the difficulty of this project and are mentally prepared." Hamandan said.
Jiang Feng waved his hand and said, "No, what you have considered is far from enough. Your Palm Island project was built near the sea. However, the address of this location is very complicated, and many of the problems that exist in it are impossible to imagine without experience. The simplest point is that the sinking, seawater erosion and siltation of the waterways between the islands will be difficult to overcome in the future. You must know that after these islands are built, they still need to be redeveloped on it. The various problems involved in this project will be rashly started to build this project before it is perfectly solved. It is a waste of money and will not be rewarded."
Hamandan was silent. Although it was very difficult for him to admit Jiang Feng's statement emotionally, he rationally knew that Jiang Feng's worries were not redundant.
"Hamantan, I know that this project was agreed by your father himself, and you don't have much say in it. However, I still hope that you can remind your father that this project must not be carried out rashly. Various simulations must be carried out to ensure that it is correct before construction can start. Because the funds required for this project are tens of billions of dollars. Although Dubai is rich, Dubai's economy is very fragile due to special reasons. Once it encounters a large-scale economic crisis, it will be difficult for Dubai to resist. Once it encounters setbacks in such a large-scale project, it will definitely hurt Dubai's vitality." Jiang Fengyu said earnestly.
"Jiang, thank you very much for your reminder. I will remind my father to pay attention at the right time." Hamandan nodded and said, "But Jiang, you also said that for some special reasons, Dubai's economy is very fragile. So, do you have any solution?"
Jiang Feng smiled and said, "Hamtan, the so-called authorities are confused and bystanders are clear. You are the authorities. Yes, Dubai has limited development potential due to geographical restrictions. Now your father has put the development direction in the tourism and real estate industries, which is a good choice. However, you must note that both the tourism and the real estate industry are industries that are very dependent on economic development. I think you should know that what happened in Japan more than ten years ago is a lesson."
After a pause, Jiang Feng said again: "As for the solution, it cannot be said that there is no solution. There are only two ways to develop the economy, increase revenue and reduce expenditure. Reducing expenditure is very simple, but it is difficult to grasp. Now, the Dubai development strategy formulated by your father is also considered an open source, but it only focuses on its own open source. However, Dubai's place is too small after all, and while focusing on its own open source, it also has to go out."
"Go out?" Hamandan asked.
Jiang Feng nodded and said, "Yes, go out. Although Dubai is small, the world is very big. In many places, it needs to be developed urgently, such as the African continent. And you Dubai have funds and have unique advantages in this regard."
Hamandan's eyes lit up, and he said happily: "Thank you, Jiang, I know what you mean. Don't worry, I will tell my father your suggestions, I think he will be very happy."
Jiang Feng smiled and said, "Hamdan, in fact, I am very interested in your Palm Island project, and I also have ways to solve the problems encountered."
"Ah?" Hamandan's eyes widened.
Jiang Feng smiled and said, "Take my meaning to your father. If he is willing to participate in this project for foreign investment, I will come up with a plan that satisfies him."
In Lingxi Ring, it is not impossible for Jiang Feng to have knowledge beyond the times and solve the problems in Dubai's artificial island project.
As for another issue that people are concerned about - artificial islands destroy the original ecology, there is also a solution. Welcome to your support, which is my greatest motivation.m
Chapter completed!