Chapter 2110 Seoul Satellite Project (Part 2)
At that time, the Zhang family was able to acquire a lot of real estate resources on Jiucheng and one island, but there was a reason why Seoul was missing.
First, Seoul is the capital of South Korea. It has a prosperous economy and has very little real estate resources left here. Even the Zhang family is not easy to obtain. Moreover, the real estate industry here is approaching saturation and has great competition. There are several large real estate companies that are not easy to deal with, including q-building.
Not easy to get does not mean that it is really impossible to get it, not easy to deal with it, and does not mean that it is really impossible to deal with it. With the power of the Zhang family, it is OK if you are determined to take it to deal with it. The second reason for not doing this is involved.
Secondly, Seoul, the capital of South Korea's political and economic center, is a mixture of good and bad things. If there are major real estate moves here, it will definitely attract special attention. The Zhang family also has a leading force. If the Zhang family engages in real estate resources obtained by political forces, it will inevitably be criticized by the leading force. This is something that the Zhang family does not want to encounter.
However, neither Jang Seung-won nor Kim Jong-sung had ambitions for Seoul.
At that time, Kim Jingcheng had already planned to vigorously acquire q-building real estate company in the future. q-building real estate company is a large real estate company located in Seoul, and its main projects are mostly concentrated in Seoul.
So Kim Jong-sung thought that if he acquired q-building, it would be equivalent to taking over Seoul, and the Zhang family would not have any taboos.
Now, Jin Jingcheng and Zhang Chengyuan have strongly acquired q-building real estate company.
However, the two did not ask q-building real estate company to be directly merged into jjc real estate construction company, but instead renamed it to jyibuilding real estate company, temporarily becoming an independent subsidiary, and later merged to form a chaebol group established.
Even so, jjc real estate construction company can still officially enter the Seoul market.
First, recently, the Zhang family has joined forces with the Jin family, the political Kim family, and the Han family to form an unprecedentedly powerful political, military and business family alliance, and has revenged the Cui family and the Lu family, causing the two major families to suffer heavy damage. At this time, the Zhang family was at an unprecedentedly powerful deterrent force, and the opponents did not dare to make trouble with the Zhang family at this time. So at this time, the Zhang family can take the opportunity to use the political forces to obtain some asset resources in Seoul to develop real estate.
Secondly, after more than a year of rapid development, the jjc real estate construction company has become a top-ranked large real estate construction company in South Korea. It has laid the foundation, expanded channels, and gained a reputation. Even if the Zhang family's opponents in the political circle are not easy to blame.
Third, Jin Jingcheng and Zhang Chengyuan can use the resources of J-building real estate companies to help J-building real estate construction companies develop the Seoul market. For the two, J-building is equivalent to their biological sons, and J-building is equivalent to their adopted sons. Moreover, they have more shares in J-building. Of course, both of them prefer J-building real estate construction companies, and they will also use J-building to make profits for J-building real estate construction companies.
So, now is a good time for jjc real estate construction companies to officially enter the Seoul market.
But the plan cannot keep up with the changes.
In 2006, under the plan of Kim Jong-sung and Zhang Chengyuan, if jjc Real Estate Construction Company officially enters Seoul, it will be incorporated into the "Nine Cities and One Island" project, turning "Nine Cities and One Island" into "Ten Cities and One Island".
Now, Jin Jingcheng and Zhang Chengyuan are no longer satisfied with this, and they have greater ambitions and revenge.
The two did not incorporate the Seoul market into the "Nine Cities and One Island", but instead launched a major project for Seoul alone, that is, the "Seoul Satellite" project.
The "Seoul" in "Seoul Satellite" refers to Seoul City, while the "satellite" refers to some satellite cities around Seoul City.
Around Seoul, there is a large Seoul metropolitan area, including some satellite cities, including more than ten cities such as Gocheon City, Anyang City, Seongnam City, Kwangmeng City, Goyang City, Kowloon City, Ikrisan City, Namyangju City, Fucheon City, Suwon City and more.
Why are there so many satellite cities in Seoul? This involves very professional things. It can be discussed at least 10,000 words. To put it simply, it is related to the urban and population development of Seoul, and is due to the needs of urban and population development.
Kim Jingsung wants to combine so many satellite cities with Seoul to form the "Seoul Satellite" project.
jjc real estate construction companies not only need to officially enter Seoul, but also enter these satellite cities at the same time, thus entering the entire Seoul metropolitan area!
Among them, the three cities of Suwon City, Chengnan City and Gaoyang City have been taken down in the "Nine Cities and One Island" project. Recently, jjc Real Estate Construction Company has successfully entered Anyang City with Zheng Chengyu's efforts, which is a good start.
However, this is just the beginning. In the future, Kim Jong-sung and Zhang Cheng-yuan will invest huge amounts of money to carry out the "Seoul Satellite" project.
The previous "Nine Cities and One Island" project invested a total of US$350 million, which eventually allowed Jin Jingcheng and Zhang Chengyuan to make nearly US$1 billion respectively!
This "Seoul Satellite" project is expected to invest a total of US$350 million, which will eventually make Jin Jingcheng and Zhang Chengyuan profit by nearly US$1 billion respectively.
More importantly, after the success of the "Seoul Satellite" project, not only allowed jjc real estate construction company to win the most important Seoul metropolitan area market in South Korea, but also allowed jjc real estate construction company to fully open up the entire Korean real estate market and can continue to develop in the future.
First there is the "Nine Cities and One Island" project, and then the "Seoul Satellite" project. There will definitely be a third major project in the future. Kim Jong-sung and Zhang Cheng-won don't know what the third major project will be, but both of them are looking forward to it.
...
At the meeting, after Kim Jong-sung announced the launch of the "Seoul Satellite" project as the president, he immediately announced the establishment of the Seoul branch of the jjc Real Estate Construction Company, and appointed Qiu Min-jung as the vice president of the Seoul branch. The president is temporarily the deputy president of the head office Che Min-sik.
The "Seoul Satellite" project is the responsibility of the Seoul branch. In other words, the Seoul branch is responsible not only the Seoul market, but also all the markets in the entire Seoul metropolitan area. It can be seen that Qiu Min-jung was indeed promoted this time and he really got a great opportunity!
There were more than ten senior executives of the headquarters sitting in the conference room, and Qiu Min-jung sat in the last seat because he had the lowest position among the more than ten people. He was originally inconspicuous, but when Kim Jong-sung announced that he was the vice president of the Seoul branch, all the senior executives on the scene looked at him and applauded him. Even the three company bosses, Kim Jong-sung, Zhang Cheng-won, and Che Min-sik, were applauding him.
Also applauding him was Qiu So-yeon. As Kim Jingcheng's secretary, Qiu So-yeon sat behind Kim Jingcheng!
Chapter completed!