According to the current exchange rate, 1 Hong Kong dollar was equivalent to 2.1 yuan.
(Note: Before 1994, Hong Kong dollars were worth more than RMB.）
The 1.27 billion Hong Kong dollars in Jiang Feng's hands was equivalent to more than 2.6 billion.
Not to mention now, even in 30 years, this would be a shocking figure. According to the current price of land, it could buy more than 6,000 mu of land.
Of course, if Jiang Feng wanted to buy it, the Pengcheng government would not sell him so much.
As for real estate, he didn't plan to buy much this time. After all, the supply of land was still relatively low. He could make a net profit of more than ten times if he bought some land for more than ten years. He was still willing to do such a thing.
In addition to this.
There was another important task, which was the clothing.
There was a large population in the mainland, and clothing was a necessity for everyone. The market potential was huge.
At this time, Xiangjiang City was leading the trend in the mainland. Whether it was makeup or what they wore, they were basically following the trend in Xiangjiang City.
Therefore, Jiang Feng had already hired a fashion designer in Xiangjiang before the New Year.
This time, he came to the mainland to inspect the market…
At night, under He Chengzhou's guidance, they toured the night view of Xiapeng City.
Although Pengcheng was not as prosperous as it would be thirty years later, it already had the style of a big city. At night, the lights were bright and colorful, lighting up the entire city.
The pedestrians on the road were full of vitality and were not confused about the future.
After strolling around Luohu for more than half an hour, Jiang Feng returned to the hotel. Compared to Xiangjiang, Pengcheng was still colder.
The night was silent.
The next day, after breakfast.
The group of people took a car to meet up with the city government. They first went to Shangbu Administrative District, which was the predecessor of Futian District.
The current Shangbu District was still in a rural and desolate area, far from the core city that would be a few decades later.
"Where is that mountain?" After walking around, Jiang Feng pointed at a small hill slope in the distance.
"Oh, that's Bijia Mountain." Liu Weihua replied," Why? Is Mr. Barker interested in that mountain?"
"No, I just think it looks good.”
"Oh, I thought Mr. Barker was interested. If you're interested, we can go hiking sometime.”Liu Weihua said with a smile.
"Chief Liu, don't joke around. You're a busy man, how would you have the time to accompany me to climb the mountain?”
"Hehe ~~"
Liu Weihua smiled and said,"Mr. Barker is our big sponsor. I'm accompanying you to climb the mountain. It's also work."”
Jiang Feng smiled and said nothing.
He did not reply.
Jiang Feng, who had been observing the city for the entire morning, had a good idea of what to do. Under the kind invitation of Liu Weihua and the others, he finished his meal at the municipal government's guest house.
In the afternoon.
Two points.
In the living room of the municipal government, Jiang Feng and the others had a formal discussion with Liu Weihua and the others.
The participants included the heads of various institutions, including the China Merchants Bureau and the Land Administration Bureau.
The meeting went smoothly. After Jiang Feng used his trump card and invested in US dollars, he was very happy that Liu Weihua represented the city government.
In the 1980s and 1990s, the mainland's foreign exchange reserves were very scarce.
For people like Jiang Feng who invested in US dollars and foreign exchange, as long as it was not a matter of principle, the green light would be given.
The meeting concluded as follows:
1. Master Kong Group will invest 26 million US dollars, or 410 million RMB, in the north of Shangbu Administrative Area to build Master Kong Instant Noodle Factory, beverage factory, including supporting logistics and storage, headquarters administrative building, staff dormitories, etc. It covers an area of 200 mu. After the construction is completed, 3000 people will be employed.
Second, Blue Mountain Brewery Company invested 8 million USD to build a beer factory and a liquor factory near Master Kong. Part of the land would be used for a clothing factory.
Third, Jiang Feng obtained 270 acres of coastal residential land near Houhai Bay in Shekou Management Area for 13 million US dollars, which was the future Pengcheng Bay No. 1 plot, but it was now a muddy pond.
After signing the project investment agreement, the news was published in Pengcheng News the next day.
Therefore, everyone in Pengcheng knew that a Hong Kong-funded company would invest 47 million US dollars to build a factory in the north of Shangbu. For a moment, the villagers near Shangbu Management Area were looking forward to it.
After all, according to the news report, this Hong Kong-funded company would provide no less than 5000 jobs.
This news was undoubtedly good news for the villagers near Shangbu Administrative Area.
Although the investment agreement was finalized, there were still many things to do.
Jiang Feng had entrusted Wang Donglai and He Chengzhou to take care of all of this.
He stayed in Peng City for about five days before taking Chen Farong and the others to Huhai.
Peng City was just an outpost.
Shanghai was also one of his destinations in the north.
There was only one purpose in coming to Shanghai.
Buying land.
In another two or three years, the development of Shanghai would begin. This was a good time to acquire land.
At this time, the area in Pu Dong was still a field.
There was a saying in Shanghai.
She would rather have a bed in the city than a suite in Shanghai.
From this sentence, it could be seen how low the value of Shanghai was in the eyes of the people of Shanghai before the development of Shanghai in 1992.
It was this concept that allowed Jiang Feng to easily spend 20 million US dollars to acquire 600 acres of residential land along the river in Dongchang Village, Lujiazui, which was now in Huangpu District.
Chen Farong was puzzled by Jiang Feng's act of buying so much land.
When they returned to the hotel to rest, Chen Farong couldn't help but ask,"Boss, what's the use of buying so much land in the suburbs? Are you planning to develop real estate?"
Jiang Feng picked up the knife to peel the apple and said as he peeled it,"You guessed right. They are indeed here to develop real estate.”
Chen Farong was stunned.
She had just said that she was developing real estate casually and was about to tease Jiang Feng.
end, he did not expect
"Boss, are you really going to develop real estate?”"Are you sure people will buy houses built in that place?" Chen Farong frowned. I heard that the people of Shanghai look down on Shanghai…"
"Hehe ~~"
Jiang Feng smiled.
He said something that made Chen Farong a little dumbfounded.
" Thirty years in the east of the river, thirty years in the west of the river. Don't bully the poor of Pu Dong…"
When he said this, Jiang Feng almost couldn't help but laugh…
Fortunately, there were no other transmigrators here. Otherwise, they would definitely be laughed at.
"What do you mean?" Chen Farong asked in confusion.”
"You don't need to understand the meaning, you just need to remember one thing!" Jiang Feng said. Do you think your boss is a fool? Just wait and see. In a few years, there would be earth-shattering changes.”
Thinking back to the future, the gdgp of the pudong area was as high as trillions of dollars…
The price of Tomson near Lujiazui was as high as 200,000 yuan per square meter. Jiang Feng felt that he had spent 20 million US dollars to buy 600 acres of land. It was simply a profit.
Rebirth was still better…
Jiang Feng sighed in his heart.
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