As Park Jin Hyuk expected, the next morning, Hyun Yi Soo came to his office with three team leaders and told Park Jin Hyuk that they would stand by him.
Park Jin Hyuk was very graceful, hugged everyone and expressed his sincere gratitude to them for choosing him.
As a leader, you should spare no effort to find talented people and bring them under your command.
He had read many books on sales management in the past, and this time he applied what he learned to practice.
Park Jin Hyuk's attitude deeply moved Hyun Yi Soo and the three team leaders, and they all worked even harder.
Park Jin Hyuk sat in the president's office and muttered to himself:
"That's great! The people below have done everything... I just need to sit in the car driven by Deputy Director Xuan and go all the way."
These days, Park Jin Hyuk would hang around the house for a long time in the morning, and then only after Zhang Ma's repeated urging would he slowly set off for the company.
His daily job is to go to the coffee shop, buy a cup of coffee, and then walk around the company with the coffee.
Most of the specific work was handled by Xuan Yizhu. He only needed to review the report submitted by Xuan Yizhu and give his opinion of agreement or disagreement.
Then, when the sun was about to set, he could go home.
However, these easy days did not last long.
*** *** ***
A week passed like this.
That day, Park Jin Hyuk was about to put on his coat and leave work when Hyun Yi Soo and three team leaders walked in.
Park Jin Hyuk turned around and looked at them and said:
"You've come just in time. If the time is convenient, why don't you go for a drink together?"
Park Jin Hyuk was about to go out for a drink, so he suggested it to them.
But Xuan Yizhu did not respond to him. Instead, he asked the team leaders to put the information on the conference table and said:
"Headmaster, we have a problem."
"Are you having problems?"
Looking at the documents on the table, an ominous premonition came over Park Jin Hyuk.
Xuan Yizhu took the coat from his hand and hung it back on the hanger.
As soon as Park Jin Hyuk sat down, the financial team leader Guo Xiji unfolded the documents and said to him:
“It’s the Basmaya Project.”
The information on the table is all about the Basmaya project, including an overall analysis of the project, future forecasts, and additional content after the organization adjusted its headquarters to take over the project.
Park Jin Hyuk picked up the information, took a quick look, and then said to Xuan Yizhu:
"What's the problem?"
Park Jin Hyuk has already delegated his daily tasks to Hyun Yi Soo. If they come to him at this time, it must be no small matter.
Estimating that his good days were over, he frowned and asked again:
"What's the problem?"
“The payment for the Basmaya project has been interrupted.”
"Didn't we discuss this issue last time?"
“The reason for the suspension of payment collection is very unusual.”
"Abnormal?"
"The payment method for this project is that the Iraqi government will mortgage the completed houses to a state-owned bank. After obtaining a loan, the government will pay us the construction fee. In theory, the payment of the construction fee should not be a problem because we did not ask for an advance payment, and the project completion rate has reached 30%. They can obtain a loan with the completed houses and then pay us."
“Is there a quality problem with the completed housing?”
"The quality is excellent, and the residents who have already moved in are very satisfied. The demand is so high that supply is outstripping supply. Take a look at these photos."
Hyun Yi-soo showed Park Jin-hyuk photos of the project.
"This looks a lot like the houses in our country a few years ago."
“Yes, it follows the previous Korean urban design.”
In the photo, rows of concave-shaped apartment buildings form residential communities.
Park Jin Hyuk looked up at Hyun Yi Soo.
"Since the residents have already moved in, it means the government has completed the project acceptance. Why haven't they paid for the project?"
"There was a problem in the middle. The government has already inspected and accepted the property, and the residents have moved in, but the mortgage loan has not been approved."
"how so?"
"According to the information we have so far, the state-owned banks were supposed to issue loans as agreed, but they refused to comply with the government's orders."
"A state-owned bank refuses to comply with government orders? How is that possible?"
"The Iraqi government is now a transitional government, and this incredible situation has arisen."
Park Jin Hyuk leaned back in his chair, looked at Xuan Yizhu, and said:
"What will happen if we withdraw from this project now?"
"If that happens, 680 billion yuan (about 3.6 billion RMB) in project funds and other invested funds will all be wasted, and the loss will reach 750 billion yuan (about 4 billion RMB)."
"750 billion..."
Park Jin Hyuk folded his hands over his chest.
It is unrealistic to give up 750 billion yuan.
However, the construction project has reached a point where it is no longer sustainable.
The company has finally completed 30% of the construction project. If it fails to receive the project payment and continues construction, the company's losses will soon reach trillions of won.
DS Construction is in a dilemma.
"Director Ben, do you know what the president is thinking about the future of DS Construction?"
"What does the president think?"
Park Jin Hyuk didn't understand what Hyun Yi Soo meant.
Xuan Yizhu's lips moved, as if he wanted to say something but stopped.
He lowered his head and thought for a while, then raised his head and said, as if he had finally made up his mind:
"Honestly, this suspension of project payments is very strange."
"you mean?"
"It seems like someone is behind this. We have tried every possible means to establish private contact with Iraqi state-owned banks. They said they also want to pay our loan, but they have been told to wait, so they have no choice."
"Just now, didn't you say that the state-owned bank refused to pay the loan?"
"That's what people are saying publicly, but privately... it seems someone has contacted the Iraqi government and told them not to pay the loan, as if they were deliberately trying to force DS Construction into a desperate situation."
"Let them not pay their loans..."
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