1953 Bare-handed Tycoon - Chapter 380



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380 – Quinon Port Development Plan

Since Chairman Park met with Hausmann, no plan has been announced to extend the military government by four years.

Instead, the US will implement $30 million in early aid and send a nuclear power plant inspection team to Korea.

The diet was announced.

The media reported that the shining achievement of Korea-US friendship was the development of nuclear power plants, which are not even found in Japan.

He was proud that cows were coming to Korea.

He was also not stingy in praising Chairman Park’s diplomatic achievements.

Chairman Park will maintain political neutrality and preside over the general election, and after the presidential election,

This was especially true because he had promised to return to his original position.

No one doubted Chairman Park.

The keynote speech was relieved that history had changed.

The $30 million in aid from the United States will ease the dollar shortage that will begin next year and

The construction of a magnetic power plant would be a great boost to the Korean economy.

The keynote speech was that the revolutionary government had escaped internal strife and found its proper function, which was a relief.

The revolutionary government’s functions were almost paralyzed due to the Kim Jong-pil issue, but now everyone

I felt like I had my motivation back and was working again.

The keynote speech went to the Supreme Council to receive business approval that had been delayed for some time.

Oh Jeong-geun, a member of the Commerce, Industry and Energy Committee who opposed Chairman Park’s participation in civil affairs, said that the series of events was not good.

He seemed to be in a good mood because he was busy.

Oh Jeong-geun said after reviewing the business plan submitted by Kijo.

“Development of overseas ports… It’s a big investment. The money earned from Cheongsan is being invested in Vietnam.

“You are so kind… It seems like this is something that requires the Chairman’s decision.”

Oh Jeong-geun told Kijo to prepare a briefing.

A few days later, I found the keynote speech at the Blue House.

I went into the Blue House with briefing materials and saw Chairman Park, Public Relations Director Lee Hu-rak, and the Ministry of Finance.

Vice Minister Kim Jeong-ryeol was waiting for the keynote speech.

The keynote speech seemed to indicate why Chairman Park had brought along two aides.

Lee Hu-rak was dispatched as a special envoy during the Syngman Rhee government to propose sending Korean troops to Laos.

It has been done.

I was well informed about the situation in the three countries of Indochina (Vietnam, Laos, and Cambodia).

Since Kijo said he was investing in Vietnam, he must have kept him by his side.

Kim Jeong-ryeol also deserved to be there.

He was originally affiliated with the Bank of Korea, but was recently promoted to Vice Minister of Finance and is now in charge of Park Ui-hye.

He was a funeral director.

He was known to be smart even at the Bank of Korea, where only the most talented people gather.

He came from a banking family, so much so that his father and brother were bank presidents.

What was unusual was that he was an opponent of currency reform.

He also argued against currency reform in front of Chairman Park, but his personal opinion was ignored.

I worked on the currency reform team while I was there.

He was the person in charge of the first currency reform in South Korea during the Syngman Rhee era, so I will continue to work for him.

That’s what happened.

The reason he attended this event was because he specialized in foreign exchange to invest in Vietnam.

This is probably because I suggested that it would be good to have a local Korean bank that handles it.

I thought so.

I wondered if it was fate that Lee Hu-rak and Kim Jeong-ryeol ended up in the same place.

The two took turns serving as Chairman Park’s chief of staff.

Lee Hu-rak was not a very good economic advisor, but Kim Jeong-ryeol was excellent.

In the 1970s, when the Korean economy was booming, the president was at the forefront of economic development and industrial advancement.

He was the hidden conductor who orchestrated the fire.

The keynote speaker distributed the mini charts prepared to three people and stood in front of the large chart and gave a brief introduction.

Started pinging.

“First, let me tell you about the current state of ports in Vietnam.”

The governor pointed with his staff to three ports marked on a long map of Vietnam.

“There are major ports in Vietnam in Saigon, Cam Ranh and Da Nang. And Tsing San is the port of choice.

“The location of the Quinones port where the snow will be pushed forward is right here.”

Qui Nhon is located between Cam Ranh and Da Nang.

In our country’s terms.

Saigon Airport is the southernmost port in Busan.

Da Nang, which is located the furthest north, is about the same size as Sokcho, and Cam Ranh is about the same size as Pohang.

The place that Kijo pointed out was somewhere midway between Sokcho and Pohang.

“Quy Nhon is located at the intersection of National Highway 1 of Vietnam and Highway 19, which connects to the central and northern highlands.

It is a transportation hub. A port dedicated to Cheongsan was built there to transport logistics from Vietnam.

“I’m thinking of starting a song business.”

Chairman Park touched his chin and asked why he wanted to build a port and do business in Vietnam.

He made a face as if he was going to do it.

The reason Kijo chose Quinone as a business location was because of its perfect location.

When the Vietnam War broke out, the battlefield was divided into four tactical zones, two of which were Qui Nhon.

was in contact with.

It is the best location for transporting US military supplies, and unlike the other three ports, it is slow to develop and has a small scale.

It was small.

If we take over this place and build a dedicated dock, the US military will want to entrust logistics to Cheongsan.

I couldn’t help but entrust it to you.

“what do you think about it?”

Chairman Park asked Lee Hu-rak.

“It is an important port in case of war, but if not, it can only be used as a fishing port.

“It is a place.”

Lee Hu-rak evaluated it coolly.

Chairman Park asked the keynote speaker.

“If we are going to build a port, shouldn’t we build it in our own country? It’s a city where even a single dollar is precious.

Going to Vietnam with dollars in your pocket and building a port…, that’s something to think about.

Ninja?”

Chairman Park also expressed a negative opinion.

The keynote speech was that it could be possible.

Since Kennedy is reluctant to send American troops to Vietnam, there will be no special war for the time being.

The judgment was dominant.

And even if war breaks out, a port will be built to transport military supplies to Quinones.

It was still hard to predict.

But if you hold on tight, you could make over $100 million.

I absolutely did not want to miss that opportunity.

“Mr. Chairman, even if the United States does not directly send troops, it seems that it will provide war supplies to Vietnam.

Aren’t you going?

Chairman Park nodded in response to the keynote question.

“That could be true. I don’t think the US would stand by and let South Vietnam become communist.

ah.”

Fortunately, Chairman Park had in mind that the United States would intervene in Vietnam by any means necessary.

It seemed like the conviction that it was true had taken hold.

That was hopeful.

“But let’s say the US provides war supplies to South Vietnam.

Even so, can’t the US use local companies?”

It was a question I had been waiting for. Kijo said with a smile.

“I know because Cheongsan has been transporting US military supplies since 1955. The US military gives military supplies to just anyone.

We do not entrust the transportation of goods to local companies, as they must meet strict standards.

“They say there is no company among them that can meet the US military standards.”

“Who said that?”

“This is Kim Tae-seong from Shinheung Trading, Cheongsan’s local partner.”

“Kim Tae-seong…?”

Chairman Park seemed suspicious because he didn’t know the person well.

“Would you like to meet Mr. Kim Tae-seong in person? If the chairman calls, I will meet you right away.

“I will come to the country.”

“Okay, call him. Let’s see what kind of person he is.”

“All right.”

The keynote was given in small steps.

You can’t get approval for a multi-million dollar investment right away and make it a success.

Government guarantees are also needed, and Kijo alone cannot secure the funds.

However, before the US intervention becomes full-scale, Chairman Park must be made aware of the possibility of Quinone.

go.

When it felt like the war was going to escalate, Quinone was the first company in any country to do so.

It was enough to occupy it.

To do that, I first needed Chairman Park’s help.

“Mr. Chairman, if you are still not sure, I would like to ask the Vietnamese government if they are willing to develop the Quy Nhon port.

How about just telling me that? If war breaks out, Quinones

“It will be a gold mine to scrape together dollars.”

The keynote speech convinced Chairman Park with the ‘unscratched lottery’ theory.

The idea was to take one step forward since we don’t know what will happen in the future.

“Think about it.”

Chairman Park glanced at Vice Minister of Finance Kim Jeong-ryeol.

I am not sure if there is government funding needed for the development of Quinon Port and if the government can guarantee it.

It was a look that told me to judge.

“There is no possibility that an American company will directly enter Vietnam and start a military supplies transport business.

me?”

Chairman Park continued to ask questions.

If I didn’t know his style well, I would have been intimidated, but the keynote was that he asked a lot of questions.

I knew his disposition and spoke without being flustered.

“It won’t be easy for American companies to advance into Vietnam.”

“why?”

“The US Department of Defense is trying to save money by being cheap on transportation companies. And

The transportation industry absolutely requires low labor costs. If American companies were competitive, they would already be

“It must have entered Korea as well.”

In fact, during the Vietnam War, the US Department of Defense selected the transportation company through the lowest bid method.

American companies suffered a bitter defeat.

Chairman Park nodded in agreement with the keynote speech.

“What if the president is American and the drivers are locals?

peel?”

“Even so, Korean companies are more competitive. Korean companies have higher labor costs than Vietnamese companies.

“The labor cost of humans is cheaper.”

“Is that so?”

The keynote speech added to Chairman Park’s recognition of the competitiveness of Korean companies.

“President Kim Tae-seong said that if you ask a Vietnamese person to do the work, he will explode.

He is lazier and more irresponsible than Ram, so if the work he is given becomes difficult, he just goes home.

“It is.”

Chairman Park chuckled at the keynote speech.

“By the way, didn’t you say that we need to establish a bank in Vietnam that handles foreign exchange business?”

“Yes, it is said that Vietnamese banks are not trustworthy.”

“Don’t worry about that. We’ve already established a bank that specializes in foreign exchange business.

“I’m thinking of getting lip balm.”

Kijo was a little surprised to hear that the foreign exchange bank was gradually getting ready.

The Foreign Exchange Bank will process the compensation received from Japan following the normalization of diplomatic relations between Korea and Japan.

It was a bank created for the purpose of

That could mean that Chairman Park is rushing to normalize diplomatic relations between Korea and Japan.

It would not have been easy for Chairman Park, who dreams of power, to do so.

In fact, the point at which the normalization of diplomatic relations between Korea and Japan began in earnest was when he was elected president.

It was then.

It was obvious that there would be strong public opposition, but they pushed for normalization of diplomatic relations between Korea and Japan ahead of the election.

all?

The keynote speech was that there might have been some conversation between Chairman Park and Hausmann.

The United States has been demanding normalization of diplomatic relations with South Korea and Japan.

From the U.S. perspective, Korea and Japan are allies, and the conflict between the two countries is a security issue.

It was because I was anxious.

I think there may have been some kind of backroom deal in exchange for normalizing diplomatic relations between Korea and Japan.

I heard.

“First, invest less than $100,000 in Vietnam. Vietnam’s politics are also very unstable.

I heard. Invest small amounts and watch. If you think it will work, report back.

“The Deputy Minister of Finance should approve the liquidation of foreign exchange transactions.”

“thank you.”

The keynote speech expressed gratitude to Chairman Park for opening the floodgates for investment in Vietnam.

The keynote speaker sent an international telegram from the Blue House to Kim Tae-seong of Shinheung Trading Company.

Chairman Park asked me to come to Korea because he wanted to meet with President Kim Seong-tae.

It was a poem.

Kijo returned to the company and looked at the large map of Vietnam hanging on the wall of the CEO’s office.

all.

A few years later, soldiers and workers would head to that land.

Each of us went to Vietnam for our own reasons, and when we returned, our pockets were filled with dollars.

Some people called that money earned by selling blood.

But Korea was in a situation where it had no choice but to sell blood.

The keynote speech was to be prepared to suffer together with his contemporaries who had no choice but to sell their blood.

So that the blood and tears shed by the soldiers and workers who went to Vietnam will not be in vain

The idea was to ensure that as much compensation as possible would be returned to the recipients.