I Am the Third-Generation Heir of a Conglomerate - Chapter 421



Only Noblemtl

421.

Bait Product (1)

The next day.

Rep. Choi Jae-seok held a press conference and officially announced three policies.

Saemangeum, Busan New Port and real estate PF.

The announcement of a large-scale policy worth 50 trillion won turned Korea upside down, and wherever you went, talk of the People’s Economy Party filled the air.

“There’s a saying that if you want to win an election, you can’t miss the front page of the newspaper.”

“Until the general elections, the People’s Economy Party issue seems to dominate all other issues.

“The public interest is so intense that it is almost burning.”

The planning director opened his cell phone and showed the real-time search rankings.

1st place People’s Economy Party policy 2nd place Real estate PF 3rd place Assemblyman Choi Jae-seok 4th place Saemangeum project 5th place Busan New Port

“The main issue in this election will be the growth of the Korean economy.”

“From the perspective of the People’s Economy Party, they are now fighting on a favorable battlefield.”

“In terms of the economy, the People’s Economy Party is the most advanced.”

Each political party pursued different goals.

That’s why there was a separate advantageous battlefield.

In the case of the existing ruling party, it was security, and in the case of the opposition party, it was welfare.

In the case of the economy, it was a relatively favorable battlefield for the ruling party, but the emergence of the People’s Economy Party changed the landscape.

“That is why the two major political parties are reacting very sensitively.

The ruling party is attacking us by saying that we should not issue empty promises, while the opposition party is raising the issue of environmental pollution.”

“This will be the first time we’ve been attacked from both sides.”

“Until now, the People’s Economy Party has played the role of a negotiating party or a casting vote, but now that it is recognized as a major party, it is subject to a lot of checks and balances.”

It was a wall that Representative Choi Jae-seok had to overcome to become president.

Only by overcoming the checks and balances of the two major political parties could he be elected president.

Only by winning a landslide victory in this election, securing a majority of seats, can he take the initiative and run the government after becoming president.

“I guess the public’s reaction to each policy is also divided.”

“In the case of Busan New Port, there is no opposition.

It is receiving a positive response as it includes content that aims to develop the Korean shipping industry through a big deal with shipping companies.

However, the response from Hyunjin Group and Hyunjae Group is not good.”

“The reaction couldn’t have been better.

“It would be strange if they felt good about their company being manipulated by the political world.”

But what can we do?

They were powerless to maintain a shipping company while running at a loss.

It was the natural order of things for something to be taken away if you didn’t have the strength to protect it, and it was also a much better option for shipping company employees.

“And regarding real estate PF, Taewoo Construction CEO Ahn Deok-hwan wants to meet with the chairman.”

“It looks like the rumor has already spread to Taewoo Construction.”

“There are media reports that the real estate PF that the People’s Economy Party is talking about is centered around financial tower financial companies.

That’s why I think President Ahn Deok-hwan is reacting sensitively.”

“I don’t know about other people, but I need to explain this to the president of Taewoo Construction.

“Tell him to come up when he has time.”

“I’m waiting in the waiting room now.”

“I can’t keep busy people waiting for a long time.

“Let’s hear the rest of the report next time.”

He sent out the planning director and brought in President Ahn Deok-hwan.

He bowed deeply in greeting, still looking at me with eyes full of loyalty.

“CEO Ahn, your face has improved a lot.

“I think your stress level has been greatly reduced as the domestic construction market has improved.”

“It’s all thanks to the chairman.

“Even when the construction market was difficult, Taewoo Construction was able to survive thanks to the Taewoo Group’s pre-sale system.”

President Anduk Hwan’s loyalty seemed to have deepened even more than before.

He felt even greater gratitude because Taewoo Group supported Taewoo Construction when the construction market was difficult.

“I heard you came because of the real estate PF.”

“I should have just stood by and waited until the Chairman gave instructions, but given the circumstances, I felt it was rude of me to do so.”

“Is there anything I can say as rudeness?

“I should have shared the information with CEO Ahn a long time ago, I’m sorry for the delay.”

“no!

This is not something the Chairman needs to apologize for.

“I know better than anyone that all of the Chairman’s moves are for the Taewoo Group!”

In some cases, President Ahn Deok-hwan was more honest than Captain Kang.

I suddenly felt sorry for the subordinates under CEO Anduk Hwan.

It was clear that President Ahn Deok-hwan would meticulously manage even the smallest rules, so how much harder would his subordinates have to work?

Thanks to this, Taewoo Construction has been called a luxury construction company.

“First of all, it is true that we are creating a real estate PF worth 30 trillion won.

Taewoo Securities will lead the investment of 30 trillion won in the domestic real estate market.”

“Then, will Taewoo Construction be in charge of most of the orders?”

“For now, we can see it that way.”

“Taewoo Construction has already secured five years’ worth of construction orders.

We do not have the capacity to undertake a new construction project worth 30 trillion won.

“At best, we can only handle construction projects worth 5 trillion won.”

It was Taewoo Construction, known as a luxury construction company.

So, they were in a very advantageous position to win orders for high-rise buildings, including apartments, and had already secured many construction orders.

But you’re taking on a new 30 trillion won project?

It was a nearly impossible task unless we gave up on the project we had ordered.

However, if we proceed with construction by urgently adding manpower and equipment, the quality is bound to decline.

“I know that too.

That’s why I said ‘right now.’”

“Are you saying that Taewoo Construction is transferring the orders it received to another place?”

“We plan to have Taewoo Construction take charge of only the most profitable projects, and hand over relatively less profitable projects to other construction companies.”

“But I don’t understand why we have to go through the process of handing over most of the construction orders to Taewoo Construction.

“If we award the contract to another construction company from the beginning, the process becomes much simpler.”

A complex process was central to this operation.

The orders secured by Taewoo Construction served as a kind of bait that was able to lure large corporations that own construction companies.

“This is an absolutely necessary process for the business that Taewoo Group is carrying out.

The plan is to exchange assets held by other large companies for construction orders.

“I apologize for using Taewoo Construction for group work.”

“Oh, no!”

Thanks to the group, Taewoo Construction was able to survive the recession.

You can use it as much as you want.

If necessary, I will step forward and act as a wind catcher!”

President Ahn Deok-hwan is ready to do anything for the Taewoo Group.

But his acting skills weren’t necessarily needed.

This operation will be sufficient as long as Taewoo Construction wins the order.

“CEO Ahn, just be as you normally do.

Because the fish will naturally flock to the bait.”

“By the way, may I ask which company you plan to award the order to?

“I want to be prepared in case I make a mistake.”

“We will distribute the orders to several places, but we plan to distribute them to construction companies affiliated with the Hyun Group and Hyunjin Group.”

“All right!

“I apologize again for any inconvenience this may cause.”

It was President Ahn Deok-hwan who greeted us politely and left.

He must have wondered why I was dividing the orders between the construction companies affiliated with Hyunjin Group and Hyunjae Group, but he didn’t ask why.

Actually, there wasn’t anything that was particularly good to know.

It was a strategy to acquire two shipping companies at a reasonable price using the orders obtained through real estate PF as bait.

Of course, the current owners of the two shipping companies were creditors.

However, if there was support from the original owner, a large corporation, it would have been a little easier to deal with the creditors.

***

The People’s Economy Party’s three major policy pledges took up the front page of newspapers every day.

As the issue grew like a snowball day by day, even the Blue House could not remain silent.

“I received a call from the Chief of Staff of the Blue House.

“I want to discuss the real estate PF and Busan New Port issues.”

“Wasn’t there any talk of a big deal with the shipping company?”

“It seemed like they were intentionally trying to avoid bringing up the topic of big deals.

It seemed as though they thought that if the government brought up the issue first, it would inevitably have to intervene.”

There is no government-led big deal.

Since the Blue House has maintained this kind of tone, it would not have been possible to bring up the big deal first.

“I guess they’re going to use obvious numbers.

“It seems like the government is trying to hijack real estate PF and Busan New Port as government-led projects.”

“Are you saying that you intend to steal the issue that the People’s Economy Party has monopolized?”

“It is also the best option for the Blue House and the ruling party.

“If the People’s Economy Party can just swallow the topic that it has brought up to the surface, it will at least be able to prevent its approval ratings from flowing to the People’s Economy Party.”

I didn’t think it was mean at all.

Even if there were no elections, it would have been right for the government to take the lead on these issues.

If the government and the ruling party, rather than the opposition party, had taken the lead, the project could have proceeded more smoothly.

But I didn’t expect that.

Why would I hand over the policies that would lead to a landslide victory for the People’s Economy Party to the ruling party?

“I guess we’ll have to send another vice president away.”

“The Chief of Staff of the Blue House strongly expressed his desire to meet the Chairman.

However, if you send out one vice chairman, it could upset the Blue House.”

“In the case of real estate PF, it is a business led by the financial tower.

So it makes sense that Vice Chairman Han, who is in charge of the financial affiliates, would go.”

If I go myself, things will get bigger.

However, by putting forward a vice president as a proxy, we were able to buy some time by adding one more process.

We needed that little bit of time.

Because it was something that only had to be endured until the general election.

“We may force Vice Chairman Han to transfer the real estate PF to a government-led project.”

“Most of the financial companies in the financial tower are affiliated with Wall Street.

How can we force American companies to do something?

“I guess it’s possible to recommend it rather than force it.”

“ah!

I was short-sighted.

“If we force or threaten foreign companies, it will become an international problem.”

“So you can just muddle through for a few months under the pretense of coordinating opinions.”

There are over 50 financial companies that have moved into the financial tower.

Financial companies from all over the world, including the US, Europe, and Asia, gathered in the financial tower.

It was only natural that it would take a long time to coordinate the opinions of multinational financial institutions.

Of course, if Taewoo Group had come forward strongly, it would have been possible to coordinate opinions within a day.

But Taewoo Group had no intention of coming forward, and they could bide their time for at least a few months.

“But what about the Busan New Port issue?”

“That problem can also be resolved at the vice-chairman level.

If the government wants to make the Busan New Port infrastructure construction project a government-led project, all it has to do is demand that the government make a big deal with the shipping company.”

“If you make such a demand, you can buy time until the general election.

But after the general election, the problem could become more serious.”

He was the planning director who had been taking care of the big and small affairs of Taewoo Group for a long time.

That’s why he was a person who knew very well how bad the government’s aftermath was.

Of course, I had no desire to fight the government.

However, it was safe to say that this government would end with the general election.

Because beyond the lame duck period, the impeachment situation will swallow up all issues.