A revolutionary government that established a new regime by organizing the Kim family and their closest aides, the high-ranking members of the Communist Party.
However, the current situation of the revolutionary government was one of instability.
It is not that they have a political base or have a lot of money, but because they overturned the country only by force, the influence of the Kim family, which had been rooted for decades, could not be completely eliminated.
Of course, the force is so overwhelming that people have not yet been able to protest against it because of its power, but it is true that it is not strange no matter where or when something happens.
In particular, in the case of Pyongyang, the instability is bound to be greater because it is a place where people who benefited greatly from the Kim family system gathered together.
Therefore, the choice was the Pyeongsan-gun development project.
Just as the first thing to do when a new dynasty is born in the long history of mankind is to move the capital to a new place away from the capital where the influence of the existing dynasty is buried, the revolutionary government also creates a city unique to the revolutionary government without the remnants of the Kim family. A plan established to make it the base of the revolutionary government.
Building a large-scale industrial complex in Pyeongsan-gun was ostensibly aimed at providing a large number of quality jobs, but in fact it was more a means to accelerate the vitalization of Pyeongsan-gun, which would become the base of a new revolutionary government.
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Many people will flock to Pyeongsan-gun only when there are many jobs.
In any case, the Pyeongsan-gun development project that started the first shovel went very smoothly.
It was because the construction of Seron mobilized thousands of skeletons and completed the construction at an insane speed.
However, even if the speed is fast, the situation is so fast that the loans received from Korea and the United States have run out.
Transactions with South Korean companies are all done in dollars, so I can’t give North Korean currency, so I’ll have to wait until the next loan comes in.
It means that they can directly lend money for the construction.
“Are you sure?”
Lee Cheol-jin, an S-class Awakener, the highest-ranking member of the revolutionary government, rushed to him after hearing that he would lend money.
“You say you lend the money for the construction directly?”
Han Ji-hyeok said with a calm expression.
“yes. Because you don’t have money I’ll lend you. Because the oil pan is overflowing with dollars.”
“How much can you lend me?”
“Rather than how much, I’ll just set up a business plan, put in a bid announcement, and when the bid is successful, I’ll deposit that amount.”
Han Ji-hyeok says that he will transfuse only the funds necessary for construction.
“wait for a sec. bid? I lent you money, so you’re saying you’re going to bid separately?”
“sure. Money is money and business is business. It’s North Korea’s first capitalist development plan, but wouldn’t it be insulting if the public contracts all privately without bidding in return for lending money? I’m not from China, and I don’t do that with money. Of course what… … .”
Han Ji-hyeok smiled and said.
“I wonder if that means anything.”
Seron Construction, which mobilized skeletons and showed an unbelievable delivery date.
Of course, even if you bid, the result was obvious, so it was a confidence that could be shown.
Originally, from the standpoint of the revolutionary government, which is in a hurry, there was no alternative other than the construction of Seron, but if you borrow money here, you have to pay attention to it.
“Anyway, that money is overflowing. The funds that I was thinking about doing other business are tied up. Limited to construction costs, we lend indefinitely up to $20 billion.”
“Twenty twenty billion dollars?!”
North Korea’s annual GDP is estimated to be $40 billion, and a single private company can mobilize $20 billion in cash.
“The vice minister will come in later anyway, right? You can think of it as borrowing it a little faster while paying interest. It is good that the revolutionary government can proceed with the construction quickly, and it is good that the construction of Seron is not stopped. Isn’t it a win-win?”
“Um… … .”
“ah. Of course, there must be collateral. I can’t lend you money without collateral.”
“You mean collateral?”
“yes. I would prefer real estate. Honestly, real estate is the best collateral, right?”
“What if I can’t pay my debt?”
“What do you have? It’s just the exercise of property rights in Seron. This time, you negotiated with the Korean government to guarantee mutual property rights of the people while reforming and opening up.”
It’s a good word, it’s a property, but it’s actually a word that I’m going to take it away.
Honestly, if it was someone else, I would have snorted.
If a private company exercises property rights in an isolated country like North Korea, it can be ignored.
In fact, it was the same when the Kaesong Industrial Complex was closed.
The problem was that Han Ji-hyeok was a monster who could forcibly exercise property rights without the help of the state, unlike such private companies.
‘A monster that single-handedly blocked the SS-class gate, where many SS-class victims died, exercised property rights?’
Han Ji-hyeok and his undead army were too strong to attack because of the real estate that the unstable revolutionary government merely provided as collateral.
It’s better to just give it away.
“… What do you want as collateral?”
“Of course, the best thing is the real estate in Pyeongsan County, which is being built right now, right?”
Borrowing Ceron’s funds and taking the city built by Ceron Construction as collateral again?
Lee Cheol-jin recalled what Ji-hyeok Han had said earlier, that I am not Chinese, and unconsciously spit out a word.
“This is completely one-on-one… … .”
It is a famous anecdote that China borrowed money from China and mobilized Chinese construction companies and Chinese workers to build a port.
“no way. You just need to pay the money back. The vice minister comes in anyway, so what’s the problem?”
Lee Cheol-jin thought with a firm expression.
‘Pyeongsan-gun is not. This is a place that will become the core base of the revolutionary government in the future.’
After the city was completed, this place to be promoted to Pyongsan City had to be a city only for the revolutionary government.
There shouldn’t be any instability.
But at that time, a very good collateral came to Lee Cheol-jin’s mind.
‘ah! If it’s this, it’s enough as collateral, and even if we can’t pay back, won’t the damage to us be minimized?’
After thinking, Lee Cheol-jin looked at Han Ji-hyuk and said.
“Pyongsan-gun is no good. Instead, they offered another place as collateral.”
“different place?”
Cheoljin Lee said with a calm expression.
“How is Pyongyang?”
* * *
An unexpected counter-proposition.
“Pyongyang?”
In North Korea, similar to China, real estate is owned by the state, but it has been possible for individuals to hold ownership for 99 years.
Of course, like a thoroughly communist country, ownership transactions are illegal, but the desire of people who want to live in a good house is unavoidable, so a real estate black market that secretly and illegally trades real estate is prevalent, and the North Korean government is virtually neglecting the situation.
Naturally, in such a situation, real estate in Pyongyang was traded at the highest price.
It is the only city in North Korea with 24-hour electricity and water supply and well-equipped infrastructure.
In other words, the only real estate worthy of real estate in North Korea is real estate in Pyongyang, but instead of Pyeongsan-gun, which is still under development, Pyongyang is proposed?
“It is a revolutionary government that confiscated all real estate owned by the Kim family and the Communist Party, in addition to real estate owned by individuals. There are also a lot of buildings and land in Pyongyang City. How about offering these as collateral?”
To be honest, from my point of view, it is nice to receive real estate in a place where the market price has already been formed through the black market, because it is rather stable, but the intention is questionable.
Isn’t it correct to bet Pyeongsan-gun based on common sense?
Even if it’s not Pyeongsan-gun, you can bet on land in other provincial cities.
‘You can give Pyongyang, what kind of mind is this? Why?’
After thinking about it for a while, I remembered one thing.
The current revolutionary government is unstable because of the deep-rooted influence of the Kim family, and among them, Pyongyang has that tendency.
I said with a grin.
“If you have to, give away the land in Pyongyang and make me conflict with the residents there?”
In any case, Pyongyang, which is full of followers of the Kim family, is expensive for the revolutionary government, but it is useless.
Borrowing money with this discarded card as collateral can cause conflict between me and the people of Pyongyang, so from the standpoint of the revolutionary government, it is a calculation of profit in one way or another.
“It is not like that. The property really belongs to our government, so what could the residents say?”
“No. From the point of view of the people of Pyongyang, it is not enough that the great Kim family’s property has been passed on to the revolutionary government, and it is like selling it again to a South Korean entrepreneur, who is the main enemy. If it’s a building there, there will be people who live in it, so those people won’t stay still.”
Then, Cheoljin Lee, who was silent, nodded and said.
“… I was just being honest. Sincerely, we don’t even want a conflict, because it’s a big burden to the revolutionary government if the residents of Pyongyang and Chairman Han become noisy. However, it is true that Pyongyang does not mean much to the revolutionary government. Rather than meaningless, I’m trying to make it meaningless. That’s why we are developing Pyeongsan-gun.”
In other words, while Pyongyang is perfect for passing because it is the peak year of the fallen Kim family, Pyeongsan-gun has high future value because it is the rising year of the revolutionary government.
“Pyongyang… … .”
honestly not bad
No matter how much Pyongsan-gun is developed, Pyongyang, which the Kim family has devoted decades of hard work, will maintain the title of North Korea’s No. 1 city for a long time to come.
Besides, if I really exercised my property rights and brought it, the residents would protest, but what does that matter?
That doesn’t mean that real estate disappears, and I have the power to lightly suppress that level of backlash.
Since you admitted that you are trying to make it meaningless as a bonus, you can get a collateral by discounting more than the original value.
“I’m sure you’re not thinking about not paying it off already.”
“Of course not. As I said, we don’t want conflict either. If a loan comes in, I will pay you back first.”
I say that now, but will it be so when the time comes to pay it back?
The transaction between me and the revolutionary government is a kind of credit card.
The payday of the loan minister hasn’t come yet, so I’m just scratching it with a credit card.
But when I use it, I like it, but when it comes time to pay it back, isn’t it a credit card?
what.
As long as I can secure the collateral, it doesn’t matter anyway.
I said with a bright smile.
“great. Let’s do it in Pyongyang. Instead, you will have to cut a lot.”
* * *
A transaction between me and the revolutionary government that was eventually concluded through the mediation of Lee Cheol-jin.
When the revolutionary government announces a new development plan for Pyeongsan County, Korean construction companies including Seron Construction participate in the bidding, and Seron Construction is selected, of course.
Then, the revolutionary government requests the Ceron Group for the construction cost set by Seron Construction, and the Seron Group responds to the request and sends it to the revolutionary government in dollars.
Of course, that dollar goes back to Seron Construction as the construction price.
It’s literally the end of the round to block money, but if the cycle runs smoothly, there’s no problem and it’s a win-win transaction.
Of course, other Korean construction companies criticized it, saying that it was like buying the revolutionary government with money, as if the clothes were bursting, but I responded calmly.
If that’s your complaint, why don’t you lend money to the revolutionary government?
Builders, of course, kept their mouth shut at my words.
Unlike me, even if construction companies take North Korean real estate as collateral, they do not have the ability to practically manage it, so the risk of losing money is too high.
In addition, as anyone can see, the conditions for the construction of Seron are so superior that the claims of such construction companies are just their own.
Anyway, when the cycle was completed, the Pyeongsan-gun development plan, which had been temporarily suspended due to funding problems, began to progress rapidly.
A crazy cycle in which Seron construction raises the factory at a mad speed, and Seron shoes come in to secure additional skeletons and more skeletons are put in place.
Shining new buildings are moving in and out in an empty field where there was nothing like that.
“Hey. good, good.”
Elevators are expensive, so they don’t need them, so Seron Construction builds a building by simply pouring concrete with mudepo and stamping it out.
Of course, in the meantime, some distraught North Korean officials obstructed the construction by demanding bribes from Saeron construction workers, but now that they have been arrested one after another, claiming to be rooting out corruption, there are no such interrupters anymore.
“Now we have to proceed with the 7th development.”
The 7th development newly promoted this time.
This 7th development was a project to create a train station and its surrounding commercial districts, which are the alpha and omega of North Korean logistics.
Now that the bidding is over, it’s time to start digging again.
However, the CEO of Seron Construction was startled and said.
“ah… That’s it, Chairman, I think the 7th development will be delayed a little… … .”
delayed?
why?
“What’s wrong? Did any civil servants show up to tackle you again?”
“It’s not like that, the farmers who used to farm are protesting.”
“yes? why. Wasn’t it supposed to give you a reward?”
“… First of all, the superficial reason is to just let us continue farming, but in reality, it must be asking for more compensation.”
There were, of course, farmers who were granted farming rights by the former North Korean government to farm in those fields that were originally rice fields.
Of course, this farming right is also secretly traded like real estate ownership.
It was being developed after the revolutionary government paid compensation and retrieved the right to cultivate it, but they protested that the compensation was small.
It was unimaginable under the Kim family system, but it was possible because it was a revolutionary government that advocated freedom, reform and opening.
“Is the reward small?”
“To be honest, not much. Because the revolutionary government released a lot of money to appease the farmers.”
It wasn’t that they beat the price, but they made a fuss even though they gave it generously. It means that they were greedy when they saw the buildings going up one after another in other lands.
I said with a smile.
“This, the people of North Korea are gradually getting the water of capitalism.”
In fact, after all the buildings are completed, the price of the land will skyrocket beyond imagination.
By the way, how much do you want? It’s not even this, just protesting that you will farm doesn’t mean, in a word, that you are going to lay down and dig eggs, so you have to make a preemptive proposal yourself?
“Are there any Korean dramas that are secretly circulated in North Korea that contain s*xist content? You only learn bad things from somewhere.”
Of course I understand.
If you think that it will be developed as a city and the land price will rise, the compensation you will receive will inevitably look shabby.
But do they develop the city themselves?
In the end, the reason why the price of land goes up is because the construction of Seron and the revolutionary government poured money to raise the value, but the farmers only look at the rising price of land.
“Are you protesting?”
“yes. you’re right.”
“Let’s go, let’s hear what you’re talking about.”
* * *
The planned site for the 7th development plan arrived in that way.
“We want to farm!”
“Don’t take away our family business!”
“Keep the farming rights!”
Farmers and their families who are preventing workers and skeletons from entering the 7th development site.
I approached the farmer demonstrators and said with a relaxed expression.
“Nice to meet you. I am Han Ji-hyeok, the chairman of the Seron Group.”
“Han Ji-hyeok?”
“Who is that?”
“Isn’t the person next to you the boss?”
A fresh response I haven’t seen in a long time.
“You don’t know me. hahahaha.”
but.
The media is so heavily controlled that even high-ranking government officials don’t know much about me, so how can people who have been farming in the countryside all their lives know me?
“This is the president of a construction company, and I can be regarded as a higher-ranking boss.”
“superior? Who is this young?”
“Well, that’s it. Anyway, I heard that you were protesting, so I came. Why did you do that?”
Then, a representative appeared and said.
“This village is Lijiang, so why are you trying to invade our land!”
“Because we have to develop.”
“We are all people who have been farming as a family business since our grandfathers’ generation after receiving farming rights after land reform. But suddenly give me a few pennies and stop. Where is the law like this!”
I looked at the construction company president and said.
“How much was the compensation set?”
“About 10 years worth of net income from farming on this land.”
“Did you hear? Compensation like this is by no means a small amount of money. In addition, the Pyeongsan Industrial Complex prioritizes hiring the residents of the surrounding area, so there will be no job problems.”
Then the chief said as he did.
“How young are you trying to solve everything with money! Money is not important! The only thing I learned in the future is farming, but how will I adapt when I’m older if I’m suddenly asked to do something else!?”
uh… I’m a bit confused at this point.
I really want to farm, but am I being forced out?
If so, it’s a bit difficult.
I thought about it for a while and said.
“Then 1.5 times the reward.”
Then, not only the head of the village, but also the farmers who participated in the demonstration were shocked.
“Is this too little? Twice then.”
Then the chief coughed and said.
“Hmmm. Again, we’re not doing it for the money… … .”
I burst out laughing when I saw that.
“Puhahahaha!”
Farmers who have become stupid and greedy as they clumsily fall into capitalism without having learned anything.
I threw a bait just in case, but it bites right away.
Why are people suddenly hesitant about farming being important?
this made it clear
That their purpose is money.
It is money that is greedy for more than their ability and value.
I spoke to the CEO of Seron Construction.
“Have you finished recording?”
“yes. I’m done.”
“It’s nice to be stained with capitalism, but the other person is me.”
If they are newbies who have just become infected with capitalism, then I am the king of the end of capitalism itself.
I said with a smirk.
“Pride in farming, I heard it well. Don’t worry and keep protesting, I’ll solve it very neatly.”