God of Corporate Hunting - Chapter 278



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◈ Episode 278 Seoul UAM (1)

As urban air mobility (UAM) is being built in Los Angeles, Saudi Arabia, and Abu Dhabi, UAE, it was Seoul that suddenly found itself in a state of urgency.

Seoul has also been considering a UAM transportation network for some time and has explored the possibility several times. The plan is to use eVTOLs to transport air passengers from Incheon Airport to downtown Seoul and to connect sub-centers by using eVTOLs to open up congested roads in downtown Seoul.

However, this grand plan has been launched and then stranded several times. The TF team has been established and disbanded several times.

When the elected mayor changed, plans were made again, and as the interests of domestic and foreign companies became entangled, it turned into a mud fight.

Then, eVTOLs were first put into operation in LA, Riyadh, and Abu Dhabi. Public opinion was boiling over that responsibility should be taken away as the world’s first title was taken away.

In the meantime, even New York and Shanghai surpassed Daum.

The city of Seoul quickly formed a TF team again and this time expressed its intention to finalize the selection of aircraft and construction of infrastructure.

Gangnam Hwayoung Hotel conference room.

The Seoul UAM development project briefing session was held, hosted by the KUAM TF, organized by the Ministry of Land, Infrastructure and Transport and the Seoul Metropolitan Government.

“……The route currently under consideration is the route connecting Incheon Airport, Gimpo Airport, Yeouido, and Gangnam. It is initially planned to be used for emergency patient transport or logistics systems, and will gradually be reorganized to focus on general passengers, taking on one axis of the Seoul Metropolitan Government’s transportation network…….”

The TF team leader continued his explanation.

The reporters were busy analyzing the content and asking questions, while the mayor of Seoul and the Minister of Land, Infrastructure and Transport looked on with pleased expressions.

The eVTOL models currently being discussed are a fierce battle between Chinese, domestic, and VF-3 developed by Vectorfly in the US. DH Automobile formed a domestic consortium with the eVTOL developed by itself and the vertiport built by the Bukseong Group.

VF-3 was awarded to Daehan Hydrogen Engineering as the main contractor.

In fact, Vectorfly, which developed the VF-3, was a Korean company, so there were two domestically produced eVTOLs.

Nam Woon-myung attended the briefing session with Yoon Se-bin and Bae Joo-hyun.

“The other side’s power is amazing?”

Yoon Se-bin pointed to the opposing camp.

In the DH Group, Chairman Cha Tae-beom personally stepped forward. This clearly shows how much effort the group is putting in. DH Automobile has invested nearly ten years in the development of eVTOL and has also poured human resources into the development of autonomous driving systems for automobiles.

That is why, until the emergence of Daehan Hydrogen Engineering, it was virtually the DH Group’s sole domain.

From the Bukseong Group, Vice President Hyun Chang-yoon of Bukseong Construction attended. Since Hyun Chang-yoon is the eldest son of the current chairman, he indirectly revealed that the Bukseong Group is also passionate about this business.

“But we come first. We have already built and started operating UAM in three cities.”

In terms of performance, Vectorfly was far ahead. DH Group had only been rumored to have completed the development of eVTOL, but had no performance results yet. Of course, they did release test flight footage to the press.

Meanwhile, VF-3 was already busy carrying passengers between the three cities. Naturally, there had not been any common contact accidents yet.

If we were to select the aircraft based solely on technology and performance, the VF-3 would obviously win by a landslide.

But the opponent is a coalition of DH Group and Bukseong Group. You can never be at ease.

“……So, we will enter the UAM construction competition in a week. If you submit a proposal then, the TF team will select the best model.”

The TF team leader finished his explanation.

The reporters continued to ask questions.

“Is this the lowest bid?”

“No. We consider all aspects, not just price, but also technology, performance, economy, and business.”

“Are you competing for eVTOL and vertiport construction at the same time?”

“Yes, because you can’t separate the two.”

“There are rumors going around that DH and Bukseong are the ones who have been decided.”

“Absolutely not.”

There were many questions asked.

Nam Woon-myung observed the atmosphere between Cha Tae-beom and Hyun Chang-yoon. Both of them seemed overly relaxed.

Yoon Se-bin whispered one last time.

“It seems like it’s decided?”

“I think so. In Korea, the power of the conglomerates cannot be ignored.”

Both groups would have poured their hidden influence into the selection of the aircraft.

Of course, Nam Woon-myeong wasn’t worried. They might be risking their lives on the aircraft selection, but this side isn’t. If they get selected, it’s good, but if they don’t, it won’t be a big blow. They’ve already built it in three cities, so even if it falls, they’ll have some room to spare.

Yoon Se-bin whispered to Bae Joo-hyun.

“Doesn’t the Daehan Group lobby separately?”

“Ah! We only play fair. We don’t lobby viciously.”

Bae Joo-hyun realized that technical skills ultimately mattered when she got involved in the floating city project. That’s why she didn’t question the selection of VF-3.

As the reporters continued to ask questions, Hyun Chang-yoon approached them.

“See you again.”

Hyun Chang-yoon was acquainted with Yoon Se-bin and Bae Joo-hyun.

On the other hand, it was Nam Yun-myeong’s first time.

“This is Nam Un-myeong.”

When he reached out his hand, Hyun Chang-yoon flinched and looked at him.

Hyun Chang-yoon, who had no choice but to shake hands, criticized in a trembling voice.

“It was you. The one who has been harassing Bukseong all this time.”

“I never bullied anyone. I just corrected the injustice.”

“Yeah, fine. Anyway, it doesn’t matter. I was hoping to win the Seoul UAM project… but I guess it’s better not to expect it? We’ve put a lot of medicine on it.”

I knew it.

Nam Yun-myeong answered with a sly smile.

“You must be foolish. If technology doesn’t work, you should at least use a magic wand.”

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“This, this guy is so rude…….”

“We break through with thorough technology and business viability.”

“Okay, let’s just wait and see! Do you think business can run that honestly? You little puppies!”

Hyun Chang-yoon, unable to control his anger, glared at them and then returned to his seat.

Yoon Se-bin poked his side.

“Isn’t this provocation for nothing?”

“Everything is according to plan. We are pushing forward as originally planned.”

Nam Yun-myeong looked out the window.

The sun was setting and a dark atmosphere was descending on the city center.

It’s time for showtime to begin.

After the TF team leader left, the atmosphere in the room was disbanded.

“Representative Yoon? Should we start?”

For this kind of work, the popular Yoon Se-bin is perfect.

Yoon Se-bin went up to the stage.

Her appearance alone captivated the audience.

“Hello. I am Yoon Se-bin, CEO of Korea Asset Management.”

When she greeted them, everyone leaving the conference room stopped walking.

Her identity alone attracted people’s attention.

She said that she had people’s attention just by greeting them.

“Right now, the VF-3 developed by Vectorfly is waiting on the rooftop of the Hwayoung Hotel. We will present a special experience to you today, so if you are interested, please go to the rooftop. Experience the flight of the VF-3 that you have only heard of. There is absolutely no safety issue as this model has already been deployed in cities around the world, including LA.”

The bomb was practically dropped.

No one would refuse a free ride on the VF-3.

After finishing his greetings, Yoon Se-bin personally invited the Minister of Land, Infrastructure and Transport and the Mayor of Seoul to board.

As expected, beauty was a weapon. They couldn’t refuse.

The attention of reporters was focused again.

Nam Woon-myeong said to Bae Joo-hyun.

“There are people who have never ridden the VF-3, but there are no people who have ridden it only once. For us, it is enough to promote it by riding the VF-3.”

This was exactly Nam Yun-myeong’s strategy.

For this moment, the VF-3 was airlifted from the United States.

Hyun Chang-yoon’s jaw dropped as he was just leaving the conference room.

* * *

The VF-3 rose from the roof of the Hwayoung Hotel.

The large glass window covering the VF3 body gave me a bird’s eye view of Seoul’s nightscape. As I increased the altitude, the city lights, shining like jewels, spread out in all directions. It was a fantasy in itself.

It was Nam Woon-myeong’s first time riding a VF-3 in the city at night. It had a charm that couldn’t be compared to the daytime. It was a unique experience and perfect for a date.

Yun Se-bin began his explanation while flying slowly along the Han River.

“VF-3 is an eVTOL developed by Vectorfly and is currently operating in three major cities around the world. If Seoul selects this aircraft, it will be the fourth. Vectorfly’s major shareholder is the Korea Asset Management Consortium, and it is effectively a domestic company with only its headquarters in Silicon Valley. It can be said to be a domestically produced aircraft.”

Now, the VF-3 is carrying the Minister of Land, Infrastructure and Transport, the Mayor of Seoul, and two members of the Seoul TF team. On this side, the pilot, Nam Woon-myung, Yoon Se-bin, and Bae Joo-hyun are also on board. In other words, the full 8-person quota has been filled.

“I understand that Seoul City is currently planning two routes, including Incheon Airport and Gimpo Airport. As you know, if the business starts as planned, the eVTOL boarding price will increase significantly. However, Seoul City will not be able to bear the deficit. That is why our consortium has planned an additional route. It is a downtown tourist route.”

It is the core business they have planned.

The VF-3 flight will be a new attraction for downtown tourism. I am sure it will be more popular than the amusement park at least.

“What do you think of Seoul from VF-3? It looks like the entire city is covered with jewels. Any citizen can enjoy this feeling. If we develop this tourist route, we can drastically reduce the cost of transportation routes. Do you know how great an achievement this will be?”

The Minister of Land, Infrastructure and Transport and the Mayor of Seoul, who hold the decision-making power, are politicians. They are the type who live off of popularity. That is why they cannot help but be tempted by Yoon Se-bin’s proposal.

“The biggest advantage of the VF-3 is the number of passengers. The more passengers there are, the lower the price can be. How do you feel now? Don’t you want to ride it again?”

VF-3 flew freely over the Han River and the city center.

The passengers cheered with joy at flying in the sky and at the splendid night view of Seoul. There was a reason why Nam Woon-myung chose this time slot.

“That’s amazing. It’s completely different from what I’ve heard.”

“That’s right. It’s a shame to see this as just a means of transportation. It’s also perfect as a tourist attraction.”

“We should consider it in Busan too.”

The Minister of Land, Infrastructure and Transport and the Mayor of Seoul continued their conversation in an back-and-forth manner.

“The tourism business will be planned together with the Hwayoung Group. The UAM system will be built by the Daehan Chosun Group, and the necessary capital will be provided by Korea Asset Management and Mega Asset Management, including CSK. No other consortium in Korea is as perfect as this.”

It was a grand plan planned by Nam Yun-myeong.

He planned an eVTOL tourism business with Choi Da-eun. Hwayoung Group was the perfect partner as they have experience in operating various tourism businesses including hotels.

This is a business that is bound to succeed.

VF-3, which had been flying over the Han River for about ten minutes, then turned its direction toward Gangnam, the city center.

The view of the Gangnam forest of buildings from the sky was amazing.

The passengers cheered. No one could watch this scene leisurely. Everyone was screaming and having fun like a child.

It was exactly the plan that Nam Yun-myeong had been aiming for.

After completing its planned flight, VF-3 landed on the roof of the Hwayoung Hotel.

The first group of tourists got off and the second group of reporters got on. From then on, the technical team dispatched from Daehan Hydrogen Engineering took turns providing guidance.

Those who boarded VF-3 that day experienced an unforgettable memory. It was the moment when victory was practically solidified in the aircraft selection.

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