He spent a day in Namin.
That afternoon, Xiao Yun Hai took a plane back to the capital, Chang'an.
Two days later.
Xin Han National Television, while broadcasting the evening news, played news about Namin City.
“...to further deepen reforms, enhance Namin City's locational advantages, and make it a center for external exchanges, the Cabinet has recently decided to upgrade Namin City to a Special City, to be directly managed by the Cabinet
and has decided to carry out a pilot project for the casino industry in the Namin area.
Learning from world-renowned cities like Aodao and Monaco, we will make good use of the casino industry to upgrade Namin City's tourism service industry. According to economists, within four years, Namin City's economic output will be able to double...”
That night, countless Xin Han citizens sitting in front of their televisions watching the program saw the news report and were dumbfounded.
Casino industry?
Are you kidding me?
Hasn't the country always explicitly prohibited it?
Why are they suddenly agreeing to do this in Namin City?
Many people exclaimed in disbelief, it was simply unbelievable.
Although they didn't understand why the country was doing this, many bright people immediately realized that Namin's economy was about to take off.
Two points supported this.
First, being upgraded to a Special City, directly managed by the Cabinet, already demonstrated the country's emphasis on Namin.
Second, opening up the casino industry.
Everyone knows that the casino industry is a lucrative business.
Wherever this industry develops, once casinos are legalized, it will inevitably attract countless gamblers. Gamblers will bring with them the service industries like food, clothing, accommodation, and transportation. Therefore, it is foreseeable that Namin's economy will take off. Otherwise, why would economists predict that Namin's economy would double within four years?
Moreover, if the economy doesn't take off, why would the country bother with casinos?
Simply put, it's like Longguo's Xiangjiang and Aodao, setting aside a region to create an economic special zone.
“Sell the house, wife, let's sell the house and go live in Namin.”
“Are you crazy? Sell what house? Besides, Namin's houses are so expensive, the cost of living is also high. You haven't even found a job yet, are you going there to drink the northwest wind?”
“You dumb woman, didn't you see the news? Namin is about to take off.” The man excitedly explained to his wife, “Look, the country has specially upgraded Namin to a Special City, on the same level as a province. What does this mean? It means the country is going to focus on developing Namin.
While the wind is blowing, don't you hurry over? When will you go if you wait until the wind rises?
It'll be hard to go there when the time comes.”
“I understand!”
The woman now understood and happily hugged her man, “Husband, your head is so smart!”
“Of course, take a look at who I am.”
The man put away his smile and said seriously, “Tomorrow, list the house for sale, sell it at a lower price. Move to Namin as soon as possible. I guess it won't be long before Namin implements entry and exit policies, and it will be difficult to go there then.”
“Understood~~”
The woman nodded in agreement.
This couple wasn't the only ones with this idea, that night, many Xin Han citizens who saw the news had the same thought.
After all, the country had already said they would focus on building Namin, and even agreed to open up the casino industry in Namin.
Look at the “predecessors”, which one isn't a developed area?
Over the next period, Namin experienced a surge in population, but that's a story for later.
For Xiao Yun Hai, the reason he chose to develop the casino industry in Namin was to further increase national tax revenue.
According to the agreement, casino operators need to pay 37% of their gross profit to the government, of which the local government receives 15%, used for local government expenditures.
The remaining 22% will be paid to the national treasury.
If Namin's casino industry can achieve $100 billion in revenue, the national treasury will increase by $22 billion.
And that's just the casino tax.
After Namin develops casinos, it will inevitably drive the development of the tourism service industry and real estate industry. Whether it's the royal family selling land or the service industry tax revenue, it will all increase significantly, benefiting all parties involved.
It can also greatly alleviate the financial pressure on the national treasury.
While the outside world was still discussing the future development of Namin Island.
Xiao Yun Hai also had the royal investment bureau establish a company called “Xing Hai Real Estate Development Co., Ltd.” specifically responsible for real estate development.
Previously, the royal family didn't get involved in real estate, they just sold land.
Now, Namin's future population will inevitably surge. With an increase in population, the demand for housing will inevitably increase. Therefore, it is necessary to establish a real estate company to handle real estate-related business, such as building villa areas, high-end residential communities, hotels, shopping malls, and so on.
A few days later.
An office building on Namin Island was labeled with the sign "Xing Hai Real Estate Development Co., Ltd." and began recruiting talent nationwide.
Longguo.
Aodao.
“Father, there's movement in Southeast Asia. Xin Han has opened up the casino industry.”
He Chao Biao handed the newspaper in his hand to his elderly father.
The He family is in the casino business and pays close attention to the global casino market, especially the Southeast Asian region. Previously, when Lion City opened up the casino industry, the He family wanted to take a piece of the pie, but they were chased away by Southeast Asian local tycoons and American tycoons.
Stuck in Aodao.
This was naturally unacceptable to the He family.
Moreover, the casino industry in Aodao is becoming increasingly competitive. Although it is the world's top gambling city, there are too many bigwigs involved, and the He family's share is shrinking.
Now that Xin Han has opened up the casino industry, He Chao Biao believes it is a good opportunity for the family to expand.
Namin?
He Duguang said, “Get me a map, where is this place, in Xin Han?”
“Father, I've checked. It's on Brunei Bay, only 30 kilometers from Brunei.”
“Oh?”
He Duguang became interested.
He knows Brunei. He even went to Brunei several times in the 1970s and 80s, and he even had a friendship with the Brunei royal family.
“Father, this is a good opportunity. Our He family can't miss it again.”
Hearing this, He Duguang nodded, agreeing with his daughter.
“You're right, it's indeed an opportunity.”
Putting down the newspaper, He Duguang looked tired. “You've done a good job these years, this time, you go to Xin Han personally, and make sure you get the operating rights.”
Age doesn't spare anyone. He has already started considering his end-of-life affairs and dividing up his inheritance.
Without a doubt, He Chao Biao will inherit his main business, after all, he has been groomed for over a decade.
Besides, He Chao Biao's business talent has not disappointed him.
Hearing that she will go personally to negotiate, He Chao Biao took a deep breath, realizing that her father was starting to transfer power to her. She suppressed her joy and nodded.
It wasn't just the He family that was interested in the Xin Han casino industry, the Fu family, the Ye family in Aodao, and other wealthy families in Southeast Asia were also interested.
After all, the profits of running a casino are too tempting. Otherwise, there wouldn't be so many people competing for it.
They all sent people to Xin Han to see if they could get a piece of the pie.
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