Chapter 288 287. Landlord Du Chuan

Du Chuan had never thought about borrowing money from the bank before because he had more money than he could spend.

What do you want to borrow money for?
Just to pay more interest to the bank?

But this time it was different. He didn't have enough money, or to be more precise, he didn't have enough money in the country.

There were so many good things that he couldn't help but look at them.

A plot of land that is worth hundreds of thousands of yuan now may be worth tens of billions or even hundreds of billions in thirty or forty years.

Even Du Chuan was jealous of such value-added efficiency.

Therefore, he would use all the money he had in the country to buy land, and as for the money for construction, he would borrow directly from the bank.

With the Sixth Textile Factory as collateral, this amount of money is not a problem at all.

As for the money obtained from mortgage, it is definitely impossible to buy more land with it, and this will not be allowed.

After looking at the conditions of these lands, Du Chuan almost couldn't help but transfer foreign funds in. Fortunately, he did not do anything stupid.

The reason why these domestic lands are sold to him so generously is because he is Du Chuan.

Even though the higher-ups are short of money right now and Pengcheng is in urgent need of construction, they will not take all the money.

If Du Chuan's previous work had not been recognized by his superiors, such a good thing would not have been his turn.

When it comes to the planning of Pengcheng, there is not just a present-day perspective, there is a detailed blueprint.

Half a month after Li Yuan and his friends left, Du Chuan finally chose the land he wanted to buy.

The total cost was 11 million US dollars, which just emptied out all his foreign exchange and left only a little.

But these are all worth it, because Du Chuan took out foreign currency, so there were many discounts in the conversion.

Looking at the various marks drawn on the map, Du Chuan couldn't help but feel excited.

"Comrade Du Chuan, these are the future plans for these lands. We just need to build them according to the requirements." Zhang Hui said with a smile.

Du Chuan took over and said that all of this had been explained in detail before.

"By the way, just inform us in advance when you are going to start construction, and we will make arrangements then." Zhang Hui continued.

Du Chuan nodded, thought for a moment and said, "I expect the first project to be completed in half a year, how about that?"

Du Chuan would definitely not do the kind of business of hoarding goods to make a profit. Doing so would not only ruin his character and destroy his impression of his superiors, but would also minimize his profits.

Therefore, he will definitely start building the projects planned above one by one, but with his current funds, he cannot complete the construction.

Moreover, Du Chuan thought that if the construction was completed, he could continue to acquire land from here.

What's more, there will also be countless pieces of land in the Magic City in the future. If he only cares about his own interests this time and does something that makes people look down on him, he probably won't have a share in the Magic City.

Even if there were, the conditions would not be as good as they are now.

You know, in the contracts signed by Du Chuan, there is only a general time for the construction projects.

There isn't even an exact rule.

To put it simply, even if Du Chuan only arranged one person to sweep the floor on the construction site, it would be considered as starting work.

Since his superiors trust him so much, Du Chuan naturally will not let them down.

Whether it is for the huge benefits in the future or he really wants to build Pengcheng better and faster, Du Chuan will complete what he should do as soon as possible.

"Okay, Comrade Du Chuan is indeed a straightforward person." Zhang Hui said immediately.

Du Chuan said: "There is also the issue of construction standards. If you don't have any special regulations, I will follow my own arrangements."

Zhang Hui shook his head and said, "There is no standard. You just need to build the building for the purpose specified in the plan. The rest is up to you."

He laughed as he spoke, "Of course, we definitely hope to build it better, but these are not hard requirements." Du Chuan nodded, "I will invite some foreign designers to come over and design it."

"Haha, that couldn't be better."

Du Chuan chatted with him for a while, looked at the time, and then said: "The people I called will be here soon. I will go to the station to pick them up."

"Let's go together. We just happen to have a few empty cars here."

"That would be too much trouble for you."

"It's no trouble. It's what we are supposed to do."

Not long after they arrived at the train station, they saw Zhu Hui walking out with a few people.

Du Chuan asked Zhu Hui to pay the bill.

A lot of his money was left in the company account, and he needed Zhu Hui and others to come over.

However, the money was easy to handle. The higher-ups knew about Du Chuan's situation, so they quickly distributed the money as dividends.

Although the government had previously withdrawn the public foreign exchange in advance, it was only converted into RMB, and some dividends were not distributed in a hurry.

This time, because Du Chuan was in urgent need of money, his superiors gave the green light.

This time, not only Zhu Hui came, but also people from the bank.

"Auntie, thank you for troubling you this time." Du Chuan stepped forward to greet her.

Zhu Hui said: "I'm fine, it's just..."

He said this with a look of hesitation on his face.

When she first heard Du Chuan's arrangement, she was immediately frightened.

The previous million-dollar wedding dress hasn’t even come close to costing the earth, and now another eleven million dollars is going to be spent!

This really shocked her so much that she was speechless.

My son-in-law spends too much money.

Du Chuan saw the look on his mother-in-law's face and said with a smile, "Aunt, I'm not confused. This money is worth spending, and if you miss this opportunity, you may never meet it again in the future."

Zhu Hui sighed and said, "I don't understand this, but since you said so, I will definitely believe you."

And in the final analysis, the money belongs to Du Chuan, and it is up to him to decide how to spend it.

Even though she is Du Chuan's mother-in-law, even though she is in charge of the money.

But she could only give a few suggestions from the sidelines. Du Chuan had already made up his mind, so she could only follow the rules.

The handover was very quick, and with the help of specialized personnel sent by the bank, everything went very smoothly.

In just two days, all the funds were delivered, which means that from now on, these lands really belonged to Du Chuan himself.

This made Du Chuan even more excited.

But there is one more thing. "President Wang, I will use 10% of the property rights of the Sixth Textile Factory to mortgage your loan of 7 million."

Upon hearing this, President Wang agreed without a single stutter. This had been discussed in advance.

And to be honest, after fully understanding the situation of the Sixth Textile Factory, President Wang wished that Du Chuan would not be able to pay back the money.

The ten percent ownership of the Sixth Textile Factory is worth well over seven million.

The reason why Du Chuan only mortgaged 7 million was mainly because the interest would be lower, and Du Chuan would also save money when it is necessary.

(End of this chapter)

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