Chapter 1137

For a project of this magnitude, this speed can already be considered very fast; this is different from a project worth a few million or ten million, which requires approval from many departments.

During this period, Qu Chengan rushed back to Hong Kong to handle some matters for the head office, and he handed over the electrolytic aluminum plant project in Shangjun County to Julie. Although Julie is a young woman, she is very shrewd and capable, and with Tian Xiaopeng's dedicated help, she can fully handle the situation here.

Qu Chengan's departure from Shangjun County played right into Tian Xiaopeng's hands. Julie had always said that Qu Chengan kept a very close watch on her and hated subordinates having affairs; now that Qu Chengan was gone, they could rendezvous with more peace of mind.

About a week after returning to France, Noel came to China again. This time, he officially began negotiations on a cooperation agreement with Jianggang.

This round of negotiations was still held in Pengjiawanzhen. Due to Su Xinghui's various efforts, Noel had completely finalized the investment in Pengjiawanzhen, and Jiangcheng was no longer in his consideration at all.

In fact, the Jiangcheng Investment Promotion Office was currently overwhelmed and in a state of chaos, unable to spare the time to contact Noel. Several of the larger projects they had introduced were halted by the Environmental Protection Bureau, and the investors in these projects were all demanding to withdraw their capital and asking the Jiangcheng Investment Promotion Office to compensate them for their losses.

These enterprises, including a large chemical plant, a large paper mill, and a large fertilizer plant, had a total investment exceeding 500 million yuan. If they were to withdraw their capital, it would be a huge loss for Jiangcheng. They had changed to a new leadership team this year and were ambitious about revitalizing Jiangcheng; for them, this was equivalent to a blow to the head.

Ge Honglin, Xing Xiuhe, and others were interviewed one after another by Municipal Party Committee Secretary Wan Yangbo and Mayor Li Hao. They suffered severe criticism. Regardless of whose shadow was behind this matter, it was primarily because their Jiangcheng Investment Promotion Office had operated in violation of regulations, so they could not blame others for fighting back.

Ge and Xing were both overwhelmed and busy cleaning up their own messes. Naturally, they could not spare the time to talk to Noel about investment, and it was impossible for them to agree to any irregular operating conditions for Noel now. Having lost this advantage, they really did not have any edge over Pengjiawanzhen.

Moreover, just as Su Xinghui had anticipated, since Noel had agreed to cooperate with Jianggang, he naturally would not place the cooperative enterprise in Jiangcheng again. Otherwise, the roles of host and guest would be reversed, and if things went poorly, it would become a vassal of Jianggang; Noel certainly could not do such a thing.

The overall framework for the cooperation between the two sides had long been mostly discussed, so their formal negotiations this time proceeded very quickly. Three days later, the two sides reached a formal investment agreement.

The French Notte United Steel Company and the Jiangcheng Steel Company would jointly invest 200 million US dollars to establish a special steel plant with an annual output of 500,000 tons in Pengjiawanzhen, Shangjun County, producing various types of special steel. Both sides would contribute 100 million US dollars each, each holding a 50% stake.

Among this, the French Notte United Steel Company's contribution included several advanced steelmaking and steel rolling production lines they provided, as well as a portion of cash. They would also provide advanced production technology for this special steel plant.

Jianggang would provide 870 million yuan in cash for various infrastructure projects of the special steel plant. In addition, Jianggang would also provide 500,000 tons of iron, crude steel, and other raw materials to the cooperative enterprise annually.

Regarding enterprise management, the administrative management of the special steel plant would be jointly managed by personnel sent by both sides, while the technical and production aspects would be managed by personnel sent by Notte United Steel Company, mainly because they were more advanced in these areas.

Regarding recruitment, Notte United Steel Company would send a small number of technical personnel and workers to the special steel plant. Of the several thousand other workers needed, approximately two-thirds would be skilled workers and technical personnel sent by Jianggang to the special steel plant, and the remaining one-third would be recruited locally; this portion would mainly consist of general laborers and apprentices.

Of course, there were still many details regarding the cooperation between the two sides, which will not be repeated one by one here. In short, this was a cooperation that was very beneficial to both sides and could be called a win-win.

What surprised Su Xinghui a little was that Wang Yibin also sent Bao Wenting to the cooperative enterprise to serve as the Chinese management personnel in the Administrative Department of the special steel plant, holding the title of Deputy Manager of the Administrative Department, and his administrative rank at Jianggang was also promoted to the deputy section level.

This arrangement by Wang Yibin was, of course, because Bao Wenting was Su Xinghui's classmate and had a good relationship with Su Xinghui. By going to the cooperative enterprise to serve as an administrative management person, many administrative matters could be smoothly resolved by relying on such a good relationship.

This could be considered knowing how to employ people well, and this move by Wang Yibin could also be considered showing goodwill to Su Xinghui. He promoted Su Xinghui's classmate, and Su Xinghui naturally had to accept this favor.

However, before Bao Wenting had time to go to Pengjiawanzhen to reminisce with Su Xinghui, he followed the senior management personnel of both cooperative parties to Jingcheng to handle the project approval matters.

For a special steel plant with such a large investment, it was, of course, necessary for the State Planning Commission and many other relevant departments to review and approve the project.

Originally, Su Xinghui could have gone along with this, and many people would have been eager for such an opportunity. However, Su Xinghui was really too busy now and could not spare that much time to handle the project approval matters, so he sent Li Daqing instead.

In any case, the project approval this time should not be that difficult. In Jingcheng, there was Yu Yan'an, the minister in charge of the Ministry of Metallurgical Industry. Moreover, introducing such a special steel plant that filled a domestic gap was also in line with China's national interests. Added to that was Jianggang's special status in the metallurgical industry, so running this project this time should be smooth sailing.

Su Xinghui estimated that by the end of May or early June at the earliest, this project would be successfully approved and construction could begin.