Chapter 1330: Pacific Oil's Big Move
"Jianing, I remember the think tank has conducted research on the Xiangjiang oil market. You arrange for someone to bring the report over.'
'Bring over the reports on the healthcare industry and the tourism and entertainment industry as well.'
'Official development reports are more focused on data, and the data will also be provided to the think tank, but the quality of the reports is not as good as ours.'
After Fok Kin-ning returned from delivering the report to Su Xingjian, Xia Yu immediately gave Fok Kin-ning an order.
'Yes, Chairman!'
...
After working overtime, the next day, the three reports were submitted to Xia Yu.
Xia Yu was most concerned about the situation of the petrochemical industry.
As of August, Hong Kong had imported a total of 4.79 million tons of aviation fuel, kerosene, motor gasoline, diesel fuel, fuel oil, etc. in the past eight months...
The petrochemical industry in Hong Kong is just getting started, but the investments are scattered. Some are in the Yuen Long Science and Technology Industrial Park, while others are in other industrial parks. They are not large-scale, and they are all small oil refineries, with few of them in production.
The research report says that the Yuen Long Technology Industrial Park is suitable for manufacturing industries, but not for the development of the petroleum industry, and there is no deep-water port with good supporting facilities for petroleum transportation.
The report also points out that if Hong Kong's petrochemical industry is to form an industrial cluster and achieve economies of scale, it must first choose the right location, and none of the existing established industrial parks have this potential.
The Yuen Long Technology Industrial Park is large enough, and it is feasible to build the petrochemical industry in the part of the park that is closer to the sea, but a good port needs to be built.
Another direction is to separate the Yuen Long Technology Industrial Park and form a separate park for the petrochemical industry. Due to the mountainous terrain of Hong Kong and the need to consider the suspension of shipping, there are not many suitable places for the development of the petrochemical industry, but some have been selected.
They are the source area of Tuen Mun District, which is next to Yuen Long District in the New Territories, Hei Ling Chau and Cheung Chau Islands in the Islands District, and Lamma Island.
Of these four places, the best conditions are found on Lamma Island, the third largest island in Hong Kong. Although it is mostly mountainous, there are also flat areas, and the gravel from the mountains can be used to reclaim land. The surrounding waters of Lamma Island are wide enough to allow for navigation by large ships without obstruction.
Cheung Chau Island and Hei Ling Chau are relatively small, and although the terrain is relatively flat, reclamation is required for the long-term development of the petrochemical industry. The waters around these two places are also not as wide as those around Lamma Island.
The worst is the source area of Tuen Mun District. Although the area is large enough, it is located in the northernmost part, and the fleet needs to pass through Macau and enter the vicinity of the Pearl River Estuary.
...
The report also contains a survey of the retail petroleum market in Hong Kong.
The most critical aspect is the gas stations.
They are in a mess, with no unified market leader.
In terms of gas stations, it really matches the characteristics of Hong Kong as an international city.
Currently, there are 64 gas stations in Hong Kong, but there are seven gas station brands.
In terms of the number of petrol stations, they are ranked as follows: ExxonMobil (USA) 11, Royal Dutch Shell (Netherlands) 11, BP (UK) 11, Mobil (USA) 10, Chevron (USA) 9, Texaco (USA) 7, and Mobil (USA) 5.
The American oil companies dominate the market, accounting for five of the seven petrol stations. However, there is also fierce competition within the industry.
...
Xia Yu then looked at the report on the tourism and entertainment industry in Hong Kong.
The entertainment industry is mainly contributed by his company, and it has been developing according to plan, so there is no need for adjustment. Moreover, the entertainment industry plays a supplementary role in the tourism industry, so Xia Yu directly skimmed it and ignored it.
He paid attention to the number of inbound tourists to Xiangjiang.
From January to August, Xiangjiang tourism reached 859,000 inbound tourists, of which 242,000 were from the mainland, accounting for 28.12%.
Tourism drives comprehensive consumption such as 'food, accommodation, transport, travel, shopping and entertainment', and has a very strong link to various industries.
The most important thing about tourism is the number of inbound tourists.
According to this trend, Hong Kong's inbound tourism is expected to hit 1.3 million this year.
However, compared with the future annual total of 50 to 60 million, the gap is huge!
There is great potential to be tapped in both the mainland and foreign markets.
Research reports show that the key to revitalising Hong Kong's tourism industry is to enhance its reputation in the international tourism market. Efforts should be made in the areas of travel, shopping and entertainment, with the focus on shopping, which has the strongest driving effect on the economy.
Finally, there is the report on the big health industry.
The big health industry includes medical products, health care products, nutritious food, medical equipment, health care equipment, leisure fitness, health management, health consulting and many other production and service areas closely related to human health.
Of these fields, the ones that are currently more prominent in Xiangjiang are medical products, health care products and nutritious foods, while the others are relatively lagging behind.
Of these three, medical products mainly refer to medical drugs, including traditional Chinese medicine and Western medicine, and the current market giants corresponding to them are Taiji Pharmaceutical and Aomei Pharmaceutical, both of which are first-tier subsidiaries under the Xia Yu Jiuding Pharmaceutical Group.
Although they are the leaders in their respective fields, their scale is simply incomparable to that of the world's pharmaceutical giants, and their driving effect on Xiangjiang's big health industry is not yet obvious.
The reason is simple: it takes a long time to develop and launch a drug. The only drugs that can be launched in a short period of time are the most basic Western pharmaceutical products such as glucose injection and sodium chloride injection.
As for other companies in this field, the gap with Jiuding Pharmaceutical Group is very large. Although in recent years, many investors have seen the Hong Kong government's development strategy and bet on the pharmaceutical industry, they are still limited by time. They are still in the stage of burning money on research and development, and the results have not yet appeared.
No one can predict whether a pharmaceutical company will come to the fore in the future and whether it will be able to make a significant contribution to the Hong Kong economy.
In the research and development of drugs, it is not enough to have the hardware and talent base alone. Luck is also extremely important. Many drugs that have made a huge contribution to the world have been discovered by chance.
...
After reading the three reports, Xia Yu had a clear understanding of the current situation, shortcomings and direction of these three major markets.
He shook his head and laughed helplessly, 'It seems that I really have to take action. I can't rely on others, it's just too slow.'
At this critical moment, he still had to use his long-term strategic vision as a guide and invest huge resources to accelerate the development of these industries.
Of course, the benefits in the future would also be obvious. These industries would all be under his control, accelerating the process of his taking control of the Hong Kong economy.
In the future, when Hong Kong's six pillars are under his control, he can cause the sky to collapse with a wave of his hand and the earth to crack with a stamp of his foot.
'Jianing, come, take notes.'
After throwing the three reports away, Xia Yu told Huo Jianing to take a pen and paper, and then stated, 'First, prepare a report and apply to the Hong Kong government to designate Lamma Island as Hong Kong's petrochemical industry base and obtain support policies.'
'Second, Pacific Oil Company will set up a project team with the task of producing a proposal for investment and construction. The company's first phase will be to build an oil refinery on Lamma Island with an annual refining capacity of 10 million tons. The specific types of oil will be calculated based on the market for various types of oil in Hong Kong, and the local oil market will be captured first.'
'Third, Pacific Oil Company will approach the Hong Kong government to obtain a permit to operate petrol stations, and then use the Bright Foundation to acquire 11 petrol stations in Hong Kong from British Petroleum as a foothold for expansion, with the aim of capturing a market share in retail petroleum sales.'
'Fourth, let Hutchison Whampoa Ports build an oil port on Lamma Island. Before the port is built, sufficient research must be done. The positioning of Lamma Island is to replace Star City and become one of the world's three major refining centres. The port must be built large enough and with room for development and expansion.'
'Fifth, let Jiuding Infrastructure Co., Ltd. connect with Pacific Oil Company and Hutchison Whampoa Ports. After the drawings are completed, the petrochemical base and oil port will be built as soon as possible.'
'Sixth...'