Reborn in Hong Kong: The Tycoon Grows Up

The previous conversation was more of an interlude and a foreshadowing, and now we are about to get down to business. Mr. Bao said he would invest US$5 billion in the Shanghai stock market, so we have to see how he allocates it, or what his thoughts are. As for investing US$4 billion in Mongolia, the time is not yet mature, even Vice President Zhao thinks so.

After receiving US$10 billion in compensation, Bao Shoufang had considered this issue; he just used this opportunity to mention his ideas and plans. At present, the safest way is to invest funds in Shanghai, Shenzhen, Kyoto and other cities. Deepsea has just started, and Kyoto itself has too many restrictions. Going to Shanghai can be said to be the best and possibly the only option.

Bao Zixuan: "I plan to invest all 5 billion US dollars in Shanghai, or to be precise, all in the Pudong area. In fact, Pudong's geographical location is very good, but it is limited by traffic problems. To be precise, there is no bridge connecting it. This makes Pudong an isolated island in other places in Shanghai. If we build several bridges to connect Pudong with other parts of Shanghai. In addition to expanding the port and building an airport, Pudong will definitely become the most economically important place in Shanghai. Where to send it.”

In fact, Bao Zixuan's idea has never occurred to Wang You, but the financial situation does not allow it. To be precise, there is no money. Although the Shanghai Stock Exchange ranks first in the domestic economy, its economic scale is still too small. It is simply not enough to support major projects such as building bridges and roads, building airports, and expanding docks.

Now Bao Zixuan proposed this idea, giving Wang hope. If 5 billion US dollars are invested in Pudong, it will be difficult for Pudong to develop.

Wang: "Xiaobao always knows something. There is no problem with building bridges and roads, but building an airport is not a waste. You must know that Shanghai City has decided to expand and rectify Hongqiao Airport. There is no need to build a new airport in Pudong."

"In addition, building bridges and roads are all infrastructure construction. It is impossible for Heiyun Group to invest in projects that have no economic benefits for no reason. How to recover the cost is also a difficult problem."

In fact, it is normal for Wang to think this way. After all, there are no tolls or bridge tolls in mainland China at this time. All cars are basically owned by state agencies, enterprises and institutions, and are not yet open to private individuals. Therefore, building bridges and paving roads are national or local actions, and no fees are charged.

It is now 1983, and reform and opening up have just begun. Pudong Airport only opened to air traffic in 1999. In other words, Bao Shaofu's ideas were 10 years ahead of schedule. Even with his rich imagination, it is difficult to predict the speed of China's economic rise.

Bao Zixuan: "I built a highway in Nanyue Sheng and a cross-sea bridge in Humen Town. We adopted a joint venture method. After the entire line is opened to traffic, tolls will be charged based on the distance traveled by the vehicle. This has been practiced abroad for many years and can be used as a reference. .”

"We will charge fees for the expressway from Shenzhen to Yangcheng for 50 years and then hand it over to the local government. This can solve the funding problem and promote regional economic development. This case can be followed in Shanghai, and Heiyun is also willing to be an investor. "

"As for the airport issue, we have to prepare for a rainy day. The place Shanghai needs to benchmark is New York, even though the two cities are far apart now. There is even no comparability at all, but who can say for sure in the future."

"As for the airport and port, Heiyun Group will invest in the construction, and the Shanghai Municipal Government will use the land as a stake. We can jointly establish a company and then distribute dividends in proportion."

"Back then, when the Americans had atomic bombs, planes, and tanks, we never lost on the battlefield. Now we are not afraid of them when developing the economy. Only by building Pudong into a sea, road, and air transportation hub can it take off quickly."

After hearing Bao Zixuan's idea, Wang felt that it was very feasible. But the matter was too big and involved policy issues. The Shanghai Stock Exchange alone does not have the right to make the decision, it also depends on what Kyoto wants. Fortunately, Vice President Zhao is here, and the richest man is well prepared.

Vice President Zhao said with a smile: "It seems that Mr. Bao has already made plans for Pudong. I wonder if there are other ways of cooperation."

With Bao Zixuan's shrewdness, there couldn't be only one plan. Vice President Zhao did not dare to agree directly and needed to hold a meeting to discuss. Several more plans need to be prepared to give senior management more options.

Bao Zixuan: "There are other options, that is, land price compensation. Heiyun Group funds the construction of these places, and then Shanghai Municipality uses the land to compensate. But this method is not feasible, and the land price in Shanghai Municipality is very low. This method is used in Xiangjiang A lot of this is because land prices in Xiangjiang are dozens of times or even more than those in Shanghai.”

At present, it seems that just as Bao Zixuan said, after the construction of Heiyun Group is completed, it will be more reasonable to charge for 50 years. You must know that the service life of bridges and roads is basically 100 years, and it is international practice to charge for half of the time.

While Vice President Zhao was thinking, Wang asked: "I wonder how many bridges Mr. Xiao Bao plans to build and how big the airport and terminal will be."

After all, his goal is to make the Shanghai stock market take off economically. Serving as an official and benefiting one party should not just be words, but more practical actions.

Bao Zixuan: "Preliminary planning is to build three bridges on the Huangpu River to connect it with other areas in Shanghai."

“The first bridge is planned to start from Longyang Road in the east and connect Lujiabang Road and Zhongshan South Road in the west; it is expected to be more than 8,000 meters long, with the main bridge being more than 800 meters long, with a span of more than 400 meters, and a clear navigation height of 50 meters. 60,000-ton giant ships pass through.”

"The second bridge is planned to start from Ningguo Road in YP District in the north and end at Luoshan Road in Pudong in the south; the total length of the bridge is expected to be 8,000 meters, with the main bridge being 1,200 meters long and 40.50 meters wide, with a total of 8 lanes and a span of 600 meters."

"The third bridge is located on the river between Pudong and Xuhui. It will then be able to connect Pudong and Puxi closely. The bridge is expected to be 6 kilometers long, with a main bridge length of 1,000 meters, a main span of 600 meters, and a total width of 40 meters. Two-way 8-lane design.”

I heard Hu Yingxiang mention the construction situation of the Humen Bridge before, especially the work of the older generation of engineers who worked tirelessly to complete the project. Bao Zixuan has plans to build bridges on the mainland, allowing the older generation of engineers to use their spare talents. It was just that it was not implemented for some reasons, but the plan could not keep up with the changes. Bao Huodong Mining Company was split, and Bao Shoufang, who received a large amount of cash, could not directly collect the money. That goes against the promise and conflicts with the previous guarantee.

Before going to the Shanghai Stock Exchange, Mr. Bao was thinking about these issues. Investing part of the money in the Pudong area will not only increase the sense of identity, but also bring huge profits in the future.

The three bridges existed in the previous life, but they had to wait until the 1980s and 1990s for the project to be approved and built. Mr. Bao just brought the process forward.

But the shock to Vice President Zhao and Wang will be quite big if the three bridges are built. Then there will really be no traffic inconvenience problem in Pudong in the future, by combining the port and the airport. It will definitely become the most important transportation artery in Shanghai and even the country. It will be difficult for the economy to develop.

They already fully agree with Bao Zixuan's idea, but now they still need to discuss issues such as cooperation methods. Heiyun Group has strength and Bao Zixuan has money. The whole world knows that now the Shanghai Stock Exchange can be recognized, which is the basis for economic development.

Vice President Zhao: "The courage of Xiao Baosheng is really admirable, and it is exactly what you said. The current land price in Shanghai is very low. If we use land compensation, Pudong may be given to Heiyun Group."

"I more agree that the first option is very practical and is in line with international practice. There is also evidence to support it in the deep sea, at least the resistance is not that great."

Shanghai is different from the deep sea. It is one of the three major municipalities in China, and has been China's largest economy for the past hundred years. Its political, economic and technological status is far from comparable to that of the deep sea. If something goes wrong, something uncontrollable happens. The country cannot afford the risk of problems in the Shanghai Stock Exchange, which is one of the reasons for setting the deep sea as a window.

Now Bao Zixuan is leading the Heiyun Group to build bridges and roads in Pudong, and he also wants to build an airport and expand a wharf. What to do if something goes wrong? No one dares to imagine the consequences of a big problem on the Shanghai Stock Exchange.

Wang also understood what Vice President Zhao meant, and he really needed to think carefully. We are not worried about funding issues, but whether the construction will have an impact on the economy of other regions after the construction is completed. We cannot ignore other regions just because of the development of Pudong.

However, after careful consideration, you will find that the design of Bao Zixuan is very reasonable. At least he couldn't find anything wrong with it. It seemed that he had done a detailed investigation before. It's no wonder that people can become entrepreneurs who are as rich as the country. Just this level of detail is something that ordinary people can't do.