The Magician’s Memorial - Chapter 212
Only Krnovel
212. Unilateral benefit (1)
In order to attract IIT to Korea, the help of the National Economic Party was essential.
I continued speaking to convince Representative Choi Jae-seok.
“I think that problem can be solved by increasing Taewo Group’s open recruitment by more than 20% compared to the previous year. And if IIT graduates are hired through a special recruitment method, they will not be perceived as competitors. And 20% of those admitted to the IIT Korea campus are “We will definitely fill it with Korean students.”
“Is this something that can be resolved so easily? Special measures will be needed to calm the public opinion of job seekers.”
“If all IIT graduates were 100% employed by huge IT companies such as Apple, Google, Amazon, and Facebook, it would be difficult to raise an issue.”
People feel competitive with people who are in a similar situation to themselves.
However, people who had already climbed a tree that was difficult for them to climb were bound to feel a sense of awe, not competition, and IIT graduates were worthy of such treatment.
“Hmm, but it doesn’t seem easy to silence public opinion.”
“There is another justification. If an IIT campus is established in Korea, we can bring world-renowned professors to Korea. We have already recruited professors who are at par with those of famous universities abroad.”
“Inflow and training of talented people and famous professors. It’s a good cause, but it’s not one that I fully understand yet.”
The final justification to persuade Rep. Choi Jae-seok.
There was one justification left that not only Rep. Choi Jae-seok but everyone could understand.
“If we succeed in attracting IIT to Korea, we will be able to attract research institutes of large companies, including Google, Amazon, and Apple, to Korea. As a research institute that collaborates with IIT and industry, it will be of great help to Korea’s IT development.”
“……I am convinced. If that is the reason, we must definitely host IIT’s Korean campus.”
“Super-giant companies are establishing bases on each continent. Most of them are choosing Hong Kong or Japan. However, starting with hosting IIT Korea, we can have them move their bases to Korea. This will be a great help to Korea’s economic development. .”
All cities were making efforts to attract businesses.
Attracting companies can create many jobs and have been a great help in securing tax revenue. This was no different even if it were a country.
A country could only develop if it attracted many companies.
At the national level, various benefits such as tax breaks were provided to attract companies.
“Hmm, in order for Korea to become a hub in Asia, various bills will be needed. In addition to attracting IIT to Korea, we will pass bills related to the benefits that foreign companies can receive when entering Korea.”
“If you do that, it will be a great help to the development of the Republic of Korea. However, you will have to deal with a large political party. Are you okay with that?”
Politics is ultimately about compromise.
In order to get one, I had to give one to someone else.
Politics meant giving up something of one’s own in order to prevent someone else from getting something.
In order to pass the IIT Korea hosting bill.
In the end, the National Economy Party also had to give in to something the big political parties wanted.
“There is one bill that the ruling party and the opposition party are currently fighting over the most seriously. If we can coordinate the issue in the middle, I think we can handle the hosting of IIT in Korea.”
“If the bill you are seriously fighting for other than impeachment, is it perhaps the issue of capital relocation?”
“That’s right. The president was elected with a presidential election promise to relocate the capital to Chungcheong Province. It is also an issue currently being handled by the Constitutional Court.”
Heavenly capital.
It was an ambitious plan to move the capital from Seoul to Chungcheong Province.
The idea was to disperse the excessively high density of Seoul into regional areas, and the plan was to create a city in Chungcheong Province similar to Washington DC in the United States.
“It is highly likely that the Constitutional Court will rule it unconstitutional.”
“Do you think so? I understand that it is not a big problem under the Constitution.”
“You can tell just by looking at public opinion. Looking at a public opinion poll conducted in the metropolitan area, public opinion against it was high at about 3%.”
“Wouldn’t that be the case since it was a public opinion poll conducted in the metropolitan area? If a national opinion poll or referendum is conducted, the results may be overturned. Public opinion in favor is particularly high in the Chungcheong area.”
There was another reason why relocating the capital was impossible.
This was also the reason why the Constitutional Court ruled that the capital relocation was unconstitutional.
“Have you ever heard of a customary constitution?”
“I understand that the custom accepted by most of the people is legally recognized. Do you really think the Constitutional Court will cite the custom of Seoul as the capital of the Republic of Korea and rule it unconstitutional?”
“It’s quite possible that it will happen.”
According to my memory, it was like that.
Common law that even most politicians didn’t know about.
The Constitutional Court ruled that the capital relocation was unconstitutional according to customary law.
“Hmm, then it will be difficult for the National Economy Party to resolve it in the middle. I was trying to act as a coordinator between the ruling party and the opposition party, but if the Constitutional Court rules it unconstitutional, there will be no room for intervention.”
“Instead of completely relocating the capital, wouldn’t it be okay to just move administrative agencies to the Chungcheong Province region? If only the Blue House and National Assembly are not relocated, it will be difficult for the Constitutional Court to rule it unconstitutional.”
This was the background for the creation of Sejong Special Self-Governing City.
It was possible to relocate administrative agencies under the name of a multifunctional administrative city rather than an administrative capital.
However, Sejong City could not be created until several more years of fighting in the political world.
But what if we intervene?
If Rep. Choi Jae-seok could reach a compromise between the ruling party and the opposition party with a compromise of an administrative complex city instead of relocating the capital, the relocation of administrative agencies would have been possible more quickly.
“We need to enter into negotiations before the Constitutional Court rules it unconstitutional. If it is ruled unconstitutional, the opposition party is likely to refuse negotiations.”
“The faster we move, the easier the negotiations will be.”
“Let’s hold a meeting of party leaders in the name of the National Economy Party. If we gather a lot of media and hold a meeting with the goal of leading a healthy political culture without fighting, wouldn’t it be more of a healthy conversation rather than a pointless fight?”
Representative Choi Jae-seok did not seem to have any intention of passing the bill through opposition.
Rather, they planned to come forward more openly and share the benefits they both wanted.
This was possible because the two major parties were able to pass the bill only with the help of the National Economy Party.
“The leaders of major political parties are 9th-level political stooges, and they may not even be able to get what they want, but only give it away.”
“Can’t I just walk the line between them? And since they’re fighting with each other, won’t they care about me? Hehehe.”
Representative Choi Jae-seok was also an experienced person.
I knew well through detailed information that he possessed political power that could not be surpassed by anyone.
* * *
two days later.
A meeting of party representatives from the major political parties and the National Economy Party was held with many journalists invited.
Perhaps because there was a camera, they were always smiling, and only when the camera disappeared did they reveal their true colors.
“Director, what do you think the result will be?”
“It doesn’t seem easy. It would be possible to host IIT’s Korean campus only if both sides accepted a compromise on the administrative capital issue, but it seems unlikely that they will accept it easily because their opinions are so different.”
“For the ruling party, the administrative capital issue will be enough, but the opposition party will want something in return. They may want one of the ruling party’s pledges in the last presidential election.”
“I think we will know exactly what the outcome will be only after the talks are over.”
Political issues were the responsibility of Rep. Choi Jae-seok.
Because we recruited him to alleviate these concerns.
“We will discuss the IIT issue again when the results come out. Is the process of securing raw material mines progressing well?”
“Most of them have signed tentative contracts, and although a few are delayed, we can get them signed before the end of the year.”
“Then it is time to take the next step. We need to conduct electric vehicle research in more earnest.”
A lot of money has been poured into the development of electric vehicles for a long time.
The three elements of an electric vehicle are the battery, drive motor, and body.
In the case of batteries, we acquired Japan’s largest battery company and also brought CL Group’s battery division with us.
Next is the car body.
There was no need to think any more about this matter.
This is because Taewoo Motors and Kai Motors were already spending a huge amount of research money on car body development every year.
The last remaining drive motor was the problem.
If the heart of an internal combustion engine car is the engine, the heart of an electric car is the drive motor.
“How far is the development of drive motors for electric vehicles currently progressing?”
“We are continuing to conduct research, but the output is not sufficient to replace internal combustion engine vehicles.”
Electric vehicle research is a field that my grandfather was also interested in.
Since Taewoo Motors manufactured electric vehicles even before the foreign exchange crisis, it possessed a considerable amount of related technology.
But it wasn’t enough yet.
To create a commercially viable electric vehicle, technology several times more advanced than today was needed.
“We will support you with more research funds. If that doesn’t work, you can take over a business division that is famous for drive motors.”
“I will, but experts have said that it will take at least 15 years for electric vehicles to hit the market.”
“I see you entered the market too quickly.”
“It is true that we must continue research on electric vehicles, but we are still spending a large amount of research funds compared to other automobile companies. It would be a bit unreasonable to increase research funds further. And even if we succeed in making electric vehicles, it is unclear whether they will be commercially viable. ”
The automobile market was dominated by internal combustion engine vehicles.
Therefore, not much attention was paid to electric vehicles.
Well, this was a problem that only time would solve.
As time passes, global interest in environmental pollution will grow.
When that day comes, electric vehicles that cause relatively less environmental pollution are bound to receive attention.
“If we were the only ones entering the electric vehicle market, we might receive less attention, but there are other companies that will launch electric vehicles around the same time as us.”
“I know of no large automobile company in Korea, Japan, Germany, or the United States that has begun full-fledged research on electric vehicles. It is said that they are only producing them for experiments.”
“It is not necessary for large automobile companies to lead the market. The electric vehicle market is a market where even small companies can succeed.”
The company I’m talking about was Tesla.
I have already selected Tesla as my running mate in the electric vehicle business for a long time.
Before returning, it was a leader in the electric vehicle market, but in this life, it will have to compete for the lead with Taewoo Motors.