50s: Starting with a storage ring

Chapter 641 LaGuardia New Airport Opening

Sand table models are a powerful tool for people today; they can give Huang Mingyu's ongoing investment negotiations a significant boost.

From then on, he no longer needed to negotiate with luxury goods retailers one by one.

He found a time to gather all the merchants involved in the investment promotion together and brought them into the room where the model was located.

Then, pointing to the airport model, he said to them, "Gentlemen, seeing is believing. This is a scaled-down model of the third phase of the airport project."

"See? All the shops available are there. Please go and choose for yourselves."

Seeing the actual product was much more interesting than looking at the planning documents. Even though it was a scaled-down model, many business representatives still flocked over to it.

The merchants who were previously haggling stopped talking and quickly started scrambling for shops.

There are only so many good seats in the airport's waiting halls. If you waste your breath talking, someone else will snatch them up.

This is a major issue concerning future customer traffic, and they can't afford to delay any longer.

Huang Mingyu watched from behind the numerous merchants scrambling for spots on the model, secretly amused. The timing of this model's arrival was perfect; the effect was immediate.

Finally, seeing that several merchants were almost fighting, he stepped in and opened up bidding for the most popular stalls, letting the highest bidder win, which calmed them down.

Meanwhile, investments from Delta Air Lines, American Airlines, and others are also under intense negotiation.

The airport will offer exclusive operating rights for dedicated counters and VIP waiting areas in the new venue in exchange for investment from various parties.

The investment agreement was finally signed in February, after a two-month process, raising a total of $22 billion. Many operating rights were also leased out.

In other words, their investment grants them the qualification to operate the business, but they still need to pay extra after actually obtaining the operating rights.

It's not that they're stupid; the number of airports is limited, but there are so many airlines.

Having dedicated flights and passenger lounges for your own airline at LaGuardia Airport will definitely give you an edge in the competition for the same route.

This is essentially stealing customers. Keep in mind, this is New York, the center of the world.

Gaining a foothold in the market of this world metropolis is no easy task; opportunities are fleeting and once missed, they will never come again.

LaGuardia Airport is experiencing a continuous increase in passenger numbers, which is based on solid data from recent months and cannot be faked.

If the airport expansion is successful in the future, the number of passengers here will definitely increase by more than double.

They were certain that they could earn back their investment by doubling it from LaGuardia Airport.

Sun Zhiwei also benefited, as he used other people's money to expand the airport, effectively recouping his costs ahead of schedule.

This will save him a significant amount of money, allowing him to invest in other projects during the airport expansion.

The $22 billion investment received this time is sufficient to build the first two phases of the project.

The third phase of the project can only begin after the first two phases are completed.

He anticipates that this will happen at the earliest in five years, and he can plan ahead, but there's no need to rush into considering funding issues now.

There will be many more key moments in the future where he can make quick money. Who knows, by then he might not be short of money and won't need to look for investments outside.

Huang Mingyu was in charge of attracting investment to the airport. After Sun Zhiwei provided him with start-up capital, he stopped managing the project. While Sun Zhiwei was spending Christmas with Tong Jiajia and three bodyguards, he learned some shocking news from the newspaper.

Earlier this month, Union Carbide Corporation in India experienced a serious methyl isocyanate gas leak at its pesticide plant in Bhopal, India.

Although the newspaper reported on the accident, it did not provide a detailed account of the casualties or the circumstances, nor did it mention any reporters visiting the Indian family's home to investigate the accident.

The reason is that the pesticide factory and their isocyanate storage tanks were located in the densely populated city of Par.

This resulted in the leaked toxic gas spreading to the residential area of ​​hundreds of thousands of people in a very short time.

On the day of the accident, 5000 people died on the spot. In the following three days, another 2 people died. More than half a month has passed, and people are still dying in the area.

Seeing such heavy casualties, Sun Zhiwei recalled his memories of this disaster from his previous life.

It was hailed as the worst man-made disaster in human history. Subsequent statistics showed that the accident directly caused 2.5 deaths, indirectly caused 55 deaths, and left 20 people with permanent disabilities.

Union Carbide paid the Indian government $4.7 million in compensation for the disaster, averaging only $600 per victim.

In reality, most victims did not receive a single penny of this compensation.

What no one noticed was that Union Carbide made several hundred million dollars after closing and selling off several of their chemical plants in India.

Sun Zhiwei didn't care how many lower-class people in the Indian family died tragically.

Instead, it reminded me that Union Carbide Corporation would enter a period of poor performance starting this year and would begin selling off many non-core assets starting next year.

This is a super multinational chemical company that ranks sixth in the world in the chemical industry, behind only five companies: DuPont, Dow Chemical, Occidental Petroleum, Monsanto, and PPG Industries.

They hold a considerable number of chemical patents. Acquiring some useful patents and equipment would be beneficial to the production and development of the domestic chemical industry.

So he called Huang Mingyu and asked him to pay attention to news related to Union Carbide.

He planned to pounce on the opportunity when it was right, take a bite out of the fat, and nourish the family.

On Christmas Eve, the 24th, Sun Zhiwei and Tong Jiajia, along with Du Qiaoqiao, spent their first Christmas together. This was also Tong Jiajia's first time spending Christmas in the United States.

Adhering to the principle of "when in Rome, do as the Romans do," the group celebrated Christmas according to American customs.

In the end, the five people came to the same conclusion: the holiday was not very interesting.

In China, no matter what festival it is, there is always a suitable food waiting for everyone, such as zongzi, dumplings, tangyuan, nian gao, and Laba porridge.

But here, the signature Christmas dish: turkey, is really hard to eat.

When Sun Zhiwei saw Tong Jiajia eat turkey and actually throw up, he almost burst out laughing.

But when Tong Jiajia started vomiting continuously, his expression changed.

Even if turkey is not very tasty, it's just because the meat isn't very tender, but it's not to the point of making people nauseous.

A thought suddenly popped into Sun Zhiwei's mind, and he immediately stared nervously at Tong Jiajia, asking, "Jiajia, is it that?"

(End of this chapter)