Resource Tycoon Reborn

Chapter 315 Major Projects

"With Vincent gone, Secretary Yang will naturally be adjusted." Su Aijun said with a sigh. Due to the rising domestic coal market prices, Shanxi Province, as a major coal-producing province in the country, has benefited a lot from it. Now,

It has become a jealous place. But if you want to adjust Yang Junyi, there is no justifiable reason and a good enough new position, but it is not possible. After all, he has not served a full term in the top position of Shanxi Province.

.

If Shi Wensheng is arranged, it is natural that there are no two cadres who are closely related to the Fang family to serve as the first and second leaders of a province, especially since this relationship is well known to everyone, and it is even more important to avoid suspicion. Yang Junyi

Naturally, the position needs to be adjusted, and neither the Fang family nor the Su family can say anything about it. In this case, it is worthwhile to exchange the second-in-command position for the first-in-command position.

"If you don't go, it will be a trap in the future!" Fang Mingyuan said bluntly. If only Yang Junyi could be transferred out of Shanxi Province before coal prices began to fall, but if Shi Wensheng takes over as the second-in-command now, he will not be able to do so by then.

It's easy to adjust. A little carelessness will ruin Shi Wensheng's reputation. Su Aijun nodded knowingly. Fang Mingyuan had mentioned long ago that the popularity of the coal market will only be temporary. If there is an increase, there will naturally be a decrease. Hua Wu

People are red for a hundred days, but no one is red for a thousand days. The economy of western Shanxi Province relies too much on the coal industry, which will lead to success and failure.

"I will relay your thoughts, and there is one more thing." Su Aijun pondered for a moment and said, "The construction of the Beijing-Tianjin intercity railway has been started for more than a year. So far, the project is progressing smoothly. It is estimated that it will not be officially put into operation before the Olympic Games. Question. This should be the first real high-speed railway in my country. I think the significance of high-speed railway to local economic development. Needless to say, I want to ask you, Pingchuan Railway Transport Company intends to participate in Shangfengcheng The construction of international high-speed railway?”

"Ah?" Fang Mingyuan was a little surprised. Of course he knew that the Shang-Feng intercity high-speed railway connects Shangdu, the provincial capital of Central Plains Province, and Fengyuan, the capital of Qinxi Province. The total length is estimated to be about 511 kilometers, with a design speed of three meters per hour.

100 to 350 kilometers. After the Shangfeng intercity high-speed railway passenger line is put into operation, the transportation time between Shangdu and Fengyuan City can be shortened from the past six to eight hours to less than two hours. It is a railway

It is an important part of the high-speed railway network in the long-term plan of China Railway proposed by the Ministry of Railways in 2004. The project was officially approved by the Ministry of Railways in September last year. It can be said that it is an important part of the Central Plains and Qinxi Provinces in recent years.

The infrastructure project is expected to cost up to RMB 60 billion. However... as far as he knows, all investors in this railway are state-owned capital.

"In order to build the Shangfeng-Fenghuang intercity high-speed railway project, the Ministry of Railways, Qinxi Provincial Infrastructure Construction Investment Group Co., Ltd. and Zhongyuan Provincial Infrastructure Construction Investment Group Co., Ltd. jointly invested and established the Shangfeng-Fenghuang Intercity High-speed Railway Co., Ltd., and then

The Shang-Feng Intercity High-speed Railway Co., Ltd. owns the jurisdiction and rights of the future Shang-Feng Intercity High-speed Railway, and then entrusts the Fengyuan Railway Bureau to operate it. However, you also know that now the Ministry of Railways, the finance departments of Central Plains Province and Qinxi Province

None of them are wealthy. They can't come up with much funds. As of now, Shangfeng Intercity High-Speed ​​Railway Co., Ltd. does not even have 20 billion in its own funds. If the remaining construction funds are all solved through loans, in the future

The repayment pressure of the Shang-Feng intercity high-speed railway is too great." Su Aijun sighed. The cost per kilometer exceeds 100 million yuan, and the cost of digging tunnels and laying bridges has not been taken into account. Although the high-speed railway is good

, but this investment is also very amazing.

"So?" Fang Mingyuan blinked.

"So I'm asking you, is Pingchuan Railway Transport Company interested in becoming a shareholder?" Su Aijun said.

"Are they small shareholders? Or large shareholders? Or controlling shareholders?" Fang Mingyuan put down his chopsticks and asked in one breath, "Forget it, small shareholders, don't be angry. Large shareholders have to think about whether it's worth it. If they are controlling shareholders,

, that’s no problem, our family will cover the rest of the funds.” On a journey of about 500 kilometers, high-speed rail still has a huge time advantage compared to cars and airplanes. Two hours is not enough.

Passengers are busy at the airport. And the railway is guaranteed to be punctual. Although in the short term, the Shang-Feng intercity high-speed railway is unlikely to make a profit. But from a long-term perspective and its side benefits, the Shang-Feng intercity high-speed railway is unlikely to be profitable.

The intercity high-speed railway can still play a considerable role in facilitating personnel exchanges between Central Plains Province and Qinxi Province. At the same time, it is also a test of the operational capabilities of Pingchuan Railway Transport Company.

Su Aijun looked at Fang Mingyuan for a long time, shook his head with a wry smile and said, "Do you like holding shares that much? That's almost 40 billion yuan."

Fang Mingyuan shrugged his shoulders and said: "You can't do it without holding a controlling stake, otherwise they won't be able to make sense of it. As for the 40 billion, which is 5 billion US dollars, it's not difficult to put it all together." Dealing with state capital.

, you must be careful every step of the way. If you are not careful, you may be swallowed by the other party without leaving any bones. Therefore, unless there is no choice, otherwise, Fang Mingyuan has never liked to cooperate with state-owned capital, even if it is a business, it must be mastered.

controlling interest.

Su Aijun was really tempted by Fang Mingyuan's proposal. If bank loans were not taken, then there would be no heavy loan repayment pressure in the future for the Shangfeng-Fenghuang Intercity High-Speed ​​Railway, and it would be necessary to balance the balance of payments.

It is much easier. Moreover, it is also a good choice to hand over the operation of the future Shang-Feng intercity high-speed railway to Pingchuan Railway Transport Company. After all, Pingchuan Railway Transport Company’s performance in operating the Fengcheng-Jin Railway is there, although

This is partly due to the sudden economic rise of Tongyi and Jinning, but no one can deny that Pingchuan Railway Transport Company used an originally unimportant railway branch line to achieve profitability, and also used the profits to realize the construction of the Tongjin Railway

, as well as the reconstruction of the original lines. Although Pingchuan Railway Transport Company now has some debts due to this, it is nothing at all to Pingchuan Railway Transport Company, which makes considerable profits every year.

Now, to be honest, the top management has basically reached a consensus on the matter of putting the construction of high-speed rail on the agenda. However, construction funds and how to ensure profitability have become new headaches for the top management. The cost of high-speed rail is much higher than that of

Traditional railways, maintenance costs, and train procurement costs are constantly rising. One train is worth 200 million yuan, which was simply unimaginable in the past. If we don't take into account other aspects brought by high-speed railways

The benefits can make up for these. The Ministry of Railways, which is still struggling to achieve profitability on traditional railways, has said that it will not launch high-speed railways.

The reason why the Beijing-Tianjin intercity railway can be started smoothly is because it is only more than 120 kilometers long. Tianjin and Beijing are both first-tier cities in the country, and it is the time when the Olympic Games are about to start, so it can be started so smoothly.

. But as for its future profit prospects, to be honest, domestic experts are not very optimistic. The investment in the Shang-Feng intercity high-speed railway is higher than that of the Beijing-Tianjin intercity railway, and the economic level of the two places is compared with that of Tianjin.

There is a big gap between the city and the capital, so whether it is the Ministry of Railways, Central Plains Province or Qinxi Province, it is such a difficulty to raise funds.

None of the three parties wants to invest more money in it, and they all want to take advantage of the other two. Anyway, this company will not think about making money for a long time, and it may even be after the two terms of these leaders are over.

, is still a bottomless pit. The result is that now the three parties have not even raised 20 billion yuan in funds, let alone officially started construction, even subsequent loans are not so easy to borrow. If this is not the case, they will not

I would think of introducing social capital and Pingchuan Railway Transportation Company.

"Controlling shareholder. I'm afraid it's not easy." Su Aijun pondered for a moment, shook his head and said. Although the country has now liberalized the railway field, and some branch railways have been handed over to local enterprises for operation, but

As a newly constructed high-speed railway, it connects two important provincial capital cities, Fengyuan and Shangdu, and is also an important part of the future domestic horizontal high-speed railway line. The possibility of approval by the Ministry of Railways is very slim in Su Aijun's view.

"Where is the major shareholder? We at Pingchuan Railway Transport Company can't take a big share of the money and a small share of the shares, right?" Fang Mingyuan curled his lips and said. "In that case, if you have the ability to raise funds yourself. Moreover, if you say you are the major shareholder, by then

The three of you are in a team. As long as Pingchuan Railway Transportation Company does not obtain more than 50% of the shareholders, they are all small shareholders." This is the most troublesome point when cooperating with state-owned capital, although these shareholders may belong to

State-owned capital in different places are not subordinate to each other, but once the leaders from above come forward, they easily stand in the same trench, and it is difficult to guarantee the legitimate rights and interests of other shareholders.

Su Aijun could only smile bitterly. Although he wanted to refute Fang Mingyuan's point of view, the countless cases of "unclear property rights" after the founding of the People's Republic of China and the reform and opening up really made his confidence somewhat weak.

Fang Mingyuan pondered for a moment and said: "Forget it, if you can't get the controlling stake, there's no point in Pingchuan Railway Transportation Company entering. It's just to accompany you to lose money. If you don't have time, you might as well think about how to win over Jingtang.

Controlling stake in the intercity railway." He felt that given Beijing's contempt for Yanxing Province and Yanxing Province's lack of money, the Jingtang intercity railway might allow Pingchuan Railway Transport Company to take the initiative.

Su Aijun simply didn't know what to say. Although the news from the Shang-Feng Intercity High-speed Railway Co., Ltd. indicated that the future profit prospects of the Shang-Feng Intercity High-speed Railway were not good, he still held on to a glimmer of hope.

When Fang Mingyuan said this, he lost all confidence.

"Mingyuan, do you think the Shang-Feng intercity high-speed railway really cannot guarantee profitability?" Su Aijun said.

"Uncle Su, many countries in the world have high-speed railways, but currently, only some of Japan's Shinkansen lines are definitely profitable, and the vast majority of high-speed railways are losing money. Of course, this is a calculation.

If the company's small accounts are compared to the big economic accounts, it's another matter." Fang Mingyuan said, "As for the country, haha." When Su Aijun was the Minister of Railways, although he had rectified the Ministry of Railways several times, he also worked hard.

Reform pilots are being carried out locally, but can the many shortcomings of the Ministry of Railways be reversed so easily?

"That's the truth, but if profits cannot be guaranteed, even if the balance of payments is balanced, there will be great pressure on the provincial finances of Central Plains Province and Qinxi Province in the future." Su Aijun said helplessly.

"Then there's nothing you can do. If you want the horse to run away but don't give him good food, how can such a good thing happen?" Fang Mingyuan spread his hands and said, "There is no fairy who can turn stone into gold. If the province dares to bring merchants to the city,

If the international high-speed railway is completely handed over to Pingchuan Railway Transportation Company, I dare to give it a try."

"Do you really want to try it?" Su Aijun's eyes lit up.

"You can try it." Fang Mingyuan pondered for a moment, and then gave Su Aijun a positive answer, "But don't tell me, there are time limits and restrictions on operations. Although high-speed rail is good, the initial investment is too big. If you want to make a profit,

, which is more difficult than ordinary railways." Fang Mingyuan has always believed that it is unrealistic to fully roll out the construction of high-speed railways in the country and will only bring high debts to the Ministry of Railways. However, in some areas, the construction of high-speed railways has

It can also act as an economic catalyst.

This can be seen from the development history of Japan's high-speed railway. Japan does have the world's first profitable high-speed railway. However, looking at the entire Japanese high-speed railway system, it has suffered serious losses. This is why

Later, the main reason why the Japanese government implemented railway privatization. The fundamental reason was the disorderly and uncontrolled expansion of Japan's high-speed railways. The result was that except for the first few high-speed railway lines built, the rest of the high-speed railway lines built were basically

It's a loss.

Although the economic levels of Zhongyuan Province and Qinxi Province are not at the forefront in the country, Zhongyuan Province's huge population and its geographical location in the country determine its status as a commercial and urban transportation hub, while the future of Qinxi Province has no

People are more confident than Fang Mingyuan himself, so he said he wanted to try it.

In fact, he has another important reason, but he can't say it out loud. Although the estimated cost of the Shang-Fenghuang intercity high-speed railway project is nearly 60 billion, Fang Mingyuan thinks its real actual cost can reach 500 million.

Hundreds of millions of dollars are two things. There are too many tricks in this kind of domestic infrastructure construction project, and there are too many people who enrich their own pockets. But only by building a line yourself can you be able to understand the construction cost.

How many have enough say? (To be continued)

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