[289] Bommajeon, Sunyang Family 5 "So, just one level higher than the main building of Sunyang."
"Look. You're such a greedy too, are not you? "
Overlooking competitors. It is also a number. One more floor, one more floor … . It is only a number 1, but it takes astronomical money to get this number.
"Anyway, if you finish this job well, get started."
This president, who had been in a hurry, turned his face.
I will not have that expression in front of someone who will meet tomorrow evening. There is nothing to hide.
"So, shall we enjoy another luxury today? In a 7 star hotel? "
"Officially it is 5 star. It's so different from other 5 star hotels. "
"The cost of the room was huge. It's over 30 million won per night. "
"So you did not come to pick us up with this limousine?"
The president touched the loop of the limousine by hand.
When we arrived at the hotel, a dozen people, who were in charge of the service during our stay, bowed around the entrance.
They went into the lobby of the hotel with their guidance, so they could not close their mouths again because of the gold-plated interior.
"I will shed. Do not let the side sell your mouth. "
It seemed to see the extreme of luxury. Dubai's moratorium declaration is natural.
History tells us that the end of luxury from the distant past to the present is ruin. It was also the place where the history of destruction was reproduced.
When the morning came, after resting overnight, President Lee spewed a piece of bread and went out.
"I'm going to take a look around the scene and rest. I'll call you in the afternoon. "
I left it together. The division of authority is not so desirable.
Until Lee came here, he enjoyed the hot air and the blue sea in the 1.7 million pyeong artificial island 'Palm Jumeirah', which shows another extreme luxury.
Lee, who returned late in the afternoon, had a hard look.
"The atmosphere is a mess. I have already seen European companies pulling out. It is a bit late because the staff on the field are so messed up. "
"Now that we know we survive, the morale will go up."
"I have to make it. Let's go. Though it is a dealer who does not give money, it is not a supercap. Excuse me for waiting. "
We moved to a hotel-owned yacht floating in the ocean, bursting with colorful lights.
There is no place to talk quietly.
The long-haired middle-aged man named Ahmed bin Saeed Al Maktoum appeared in a neat Western-style dress with a pair of Middle Eastern men's traditional costumes, Kan Dura and Kepiya.
Although he was only a finance director of Dubai World, he was more than a mere executive because he was the blood of the Dubai royal family.
Ahmed the son of Saad of the house of Machom. This is the meaning of a long name. I was a little worried about what to call it, but the president Lee, who I had already met, gave me my worries.
"I'll see you again. James.
"Nice to meet you, Mr. Lee. You did not wait long, did you? "
I heard a perfect American English pronunciation.
Ohora, this uncle must have been finite in America since he was a child.
When Lee introduced me, I also spoke English names.
"It is an honor to meet you. It's Howard Jean. "
President Lee spoke to him who looked a little astonished.
"Howard is responsible for Miracle, the largest shareholder in our HW Construction."
Largest shareholder and investor.
He looked like he was interested in the word.
Ahmed asked after sharing a little ritual conversation, hiding his heart.
"Are you going to withdraw HW Construction?"
"We have to comply with the meaning of construction of Sunyang. If you get out of there, you have to go back together. "
"Then there is no reason to meet me in particular … . You are not from Korea to tell me that, do you? "
"This is going to be a pleasure for James to do. I'm just curious about the end of the conversation the two of you will share today. Haha
"Now you have." So where do you want to hear it? "
When his gaze turned to me, I said two numbers first.
"$ 80 billion. And $ 60 billion. Right?
Both were surprised at the same time, but I knew what this number meant.
It was just surprising that the chairman was bigger than expected, and Ahmed was surprised that he was almost exactly the number.
"It is our judgment that we have already lost our ability to pay. Now Dubai World is likely to have a heated debate about whether or not to declare a moratorium. "
Ahmed was adamant that his lips were firm. The expression of feeling upset also became harder and harder.
"As a matter of fact, I have been offering suggestions as Mr. Lee said. I still do not know if Mr Ahmed will be happy with the proposal. "
"Let's hear that proposal. I hope you have a good story. "
"Dubai's total debt is $ 80 billion, of which Dubai World's debt is $ 60 billion … "
"Exactly $ 59 billion. Of course, this figure is at the end of the year. It is also an estimate. "
"Yeah. It is also our company's expectation that it will not increase further. "
There is no further increase. Because I can not afford this debt and I declare a moratorium.
"Fortunately, our company still has the money."
Good news! But your company … You called it Miracle? Miracle's financing is what we and … . wait… Have you ever been to New York's Miracle Investments and … ? "
"Yeah. The same company. "
Ahmed's eyes grew bigger.
He has already heard. In this financial crisis in the United States, Miracle was the only company that survived the scorched Wall Street, but also earned several hundred million dollars in astronomical profits. So I just realized how much I was talking about.
"Sure you are." Let's keep talking. "
Now, my proposal was very close to where I wondered.
"What would you do if the two companies of South Korea, Sunyang and Daejeon decided to withdraw?"
"I have to accept it. There is no way. "
A lot of money is sitting in front of him.
"The two companies are located at the core of Al Maktoum International Airport and Dubai WorldCentral. There are other residential areas in New Town. "
Howard Do you mean stopping the withdrawal of two Korean companies because I will give money to our Dubai World? So HW continues to build … "
No. I am not generous enough to feed Sunyang and Daejun with my company money. I would like to ask if you are planning to leave HW Construction to the ongoing project. "
"There is no reason to object. HW Construction's capacity has already been confirmed by our eyes. Soon…
I have no money. The middle eastern royalty in front of me was not able to bring out this horse.
"Then we will be responsible for the tape cutting of the ceremony. Do not worry about money. "
"Could you tell me specifically that you should not mind?"
"I'll give you a grace period. Dubai World is not a state enterprise? In addition, the jewelry of the Middle East … . It is a AAA grade bond that is far more reliable than Wall Street. I believe that it will be solved after a long time. "
Ahmed suddenly turned into a smile.
"If you did that, one of the big worries was reduced. Do you know the exact amount? "
"Yeah. Sunyang and Daehyun, together with the unpaid amount now, are just over $ 7 billion. "
"You know that it will cost more than $ 10 billion to complete, right?"
The chairman of this school, who had just heard it, intervened. It is not for warning me, but for the purpose of giving a connotation to the royal family of the Middle East.
Absolutely. There is room for it. "
It is too sweet a proposal to refuse, but it is normal that there is always a doubt in favor of a favor that is unknown. Ahmed asked carefully.
"I am so thankful that I can not say enough generous suggestions. But can you tell me why you are making this suggestion at the time of withdrawal? "
There is no need to wrap around here. I know nothing but my own.
"Sunyang and Dae-hyun, both companies are ahead of HW competitors. If we overtake them and build a new city, it will be an opportunity to jump over them. We have the money and they are not. Would not it be natural to compete with our strengths? "
There is no simple reason for competition, but nothing more powerful than this.
"We look forward to a strong bond between Dubai and our HW group."
President Lee once more fancied him.
Why is it that a person who helps in difficult times is not a true friend?
The long name Dubai Royal showed a very satisfied smile.
"I forgot to eat, and I made a big leap to my friend from afar."
And a very long meal followed.
* * * Seo Hyung-gyun, president of Sunyang Engineering, became CEO by appointment of Vibrator Vice Chairman. After taking office as CEO, I took charge of the biggest project, Dubai, but we had to talk about the biggest problem today.
But I was able to find it with my first feeling.
The biggest problem can not be solved, but I have to pay for it in Dubai World.
The end of business is collection.
No matter how high the sales are, even if a lot of them remain, if they do not receive the money, they become all in vain.
Ahmed on behalf of Dubai World, he ended the discussion with a single word.
"Soon there will be an official announcement from the government of Dubai. Please wait until then. "
"Tell me what it is. I can not wait again like that again. "
"I can not speak on behalf of the government."
Decisive but full of leisure. Seo Hyung-gyun did not give up his hope because of his relaxed expression.
The official announcement of the Dubai government, which President Seo Hyung-kyoon did not hear, has not been heard.
If I did not promise to pay the repayment, I would have stopped all construction work and threw the last card to withdraw, but the answer was the same.
"I respect your choice, but please understand that we can not make any promises at this time."
Unlike Sunyang, Dae Hyun read that Dubai World's attitude is not a room but a waiver.
The last word of the one who was driven to the corner, belly.
Dae-hyun listened to this remark.
Shortly afterwards, Dubai World cried out to the world as 'double'. A plausible expression of a moratorium declaration!
The miracle of a broken desert The headline was a common occurrence in Dubai.
The miracle broke down and the Korean stock market collapsed.
2009 is a year when many things have disappeared.
The esteemed Cardinal woke up and took two former presidents.
And the world pop star who was hard to meet again left in the tears of the fans.
The vibrator chair shook with a dense number of paper. The numbers felt like death sentences.
Amount of money that can not be covered. He could not do anything without being devastated.
There was another person with the same heart. It was the chairman of Daehyun E & C.
As time passed, they set out and knew exactly who was going to save them. Finally, I gave him all hope.
"Put a phone call to the Blue House. Tell them you want to see me. Silent