Volume 7, Section 99, Opportunity, or a black hole?
As soon as Sha Zhengyang's suggestion was taken to the provincial government office meeting, a fierce debate formed.
Cheng Song introduced the current central government's current economic growth rate maintenance strategy in detail. It is a key measure to drive economic growth by increasing efforts in infrastructure construction. The construction of highways is the top priority in infrastructure construction. The Hanzhaofu Expressway has been approved and is preparing in full swing. It was originally scheduled to start construction at the beginning of next year, but now it will start construction by the end of this year. The Hanwu Expressway is following the process, but according to the feedback, there is no big problem. If approved, construction will start in March next year.
If the Hanwan Expressway is being built, there will be three expressways under construction in the entire Hanchuan Province next year. This is a situation that has never happened in Hanchuan Province, and the huge pressure on financial demand is unprecedented.
Although Cheng Song brought this opinion to the Provincial Government Office, he was still skeptical of this idea from the bottom of his heart.
However, he also recognized Sha Zhengyang's opinion. This is a rare opportunity. The impact of the Asian financial crisis on China's economy has made such a rare move by the central government to accelerate infrastructure construction. Sha Zhengyang even knew that this kind of big move would have to wait until the US subprime mortgage crisis 10 years later to bring a huge impact to the global economy.
If you can't seize such an opportunity, and if other provinces and cities seize it, the gap may suddenly widen. The construction mileage of expressways has now become an important symbol for provinces and cities to compete for transportation modernization, just like if the city has development prospects more than ten years later, whether high-speed rail is used to measure whether the city has development prospects.
Wuling and Puchi are not connected to expressways now. Once the Duyi Expressway is completed, it will be obvious for the economic development of these two regions, especially the improvement of the investment environment.
So based on these two points, Cheng Song felt that he should take a try.
Wang Yunxiang has been listening carefully to everyone's opinions and suggestions. There is no doubt that the opinion raised by Cheng Song is a bombshell.
When there may be three expressways under construction next year, get on another expressway. Not to mention anything else, first of all, can your finances support it? This is not next year's business, which means that financial funds will need to be drawn out of the small bun in the next few years to reserve enough buns for this block.
Several deputy argued fiercely, but the wind direction was still more stable. Hanchuan's financial resources were indeed difficult. It can be said that except for Han City, the other cities in Hanchuan Province, except for Fugang and Zhaoyang, the financial conditions of other cities were not good. For example, Wuling, Puchi, Bayuan, Anxiang and even Tonghe were all maintained by central transfer payments. These cities did not have decent pillar industries and did not truly form a stable and powerful tax base. Even though Tonghe's economy is developing relatively fast now, it is still in a state of insufficient income in terms of finance.
Wang Yunxiang also sorted out the specific problems at three points.
The first is how to raise capital. This is the biggest problem. Whether it is the provincial investment or the cities along the route, it is difficult to solve practical problems. One sentence is far from enough. Then it involves finding it from other channels and investing in the central government. This is a difficult action. If every province and city have this idea, then the central government will not pass it, so Wang Yunxiang does not have hope.
Cheng Song proposed another new idea, which is to raise shares from enterprises, including non-state-owned enterprises.
It is said that it includes non-state-owned enterprises. In fact, it is for this part. Only this enterprise's funds are not under the control of the government, but this is not a small amount. And the most important thing is that it is obvious that the toll returns of this Duyi Expressway will not be too good, and it may even suffer considerable losses in the past few years. In this case, how to attract these non-state-owned capitals to enter? In other words, it is also a difficult problem to come up with a satisfactory plan.
The second point is the loan issue. World Bank loans sound high-end, so the requirements for loans are very high. However, in terms of quantity, the World Bank loans can only meet a part of such a large project, and are far from enough. Cheng Song proposed an interest-free loan from Japan Cooperation Bank, which is also a bit unfamiliar to Hanchuan Province. Interest-free loans are of course good, but Wang Yunxiang, who worked in the Ministry of Commerce, knows that the yen has continued to appreciate in recent years and there is no end to see, so you will feel it hot when you repay the loan in the future.
Even if you don’t consider these factors, you have obtained the interest-free loan from the World Bank and Japan Collaborative Bank, but it is still not enough. You need to obtain commercial loans from the bank seriously. This is also a large amount. If you add these interest, it is obvious that Yi Expressway may face losses for a long time.
The third point is that the geological conditions of the Duyi Expressway passes are complex, mainly mountainous areas. The static investment currently estimated at present may change significantly in the later stage, that is, investment may increase, and this variable is very likely. At the same time, the technical requirements for building this expressway are also very high. Many may face new attempts, which is also a variable factor for the possible growth of investment.
Wang Yunxiang also noticed that Cheng Song remained silent after proposing this plan and basically did not participate in the discussion.
"Cheng Song, you are the initiator of this plan, you have to express your opinion." Wang Yunxiang finally turned the topic back to Cheng Song. "You have worked in the National Development and Planning Commission for many years. In terms of vision and information channels, you must be more familiar with everyone here. The pros and cons of such a plan are very obvious. When you talk about your ideas, we can also refer to it."
Cheng Song put down the pen in his hand, folded his hands together, as if he was rubbing hard to adjust his thoughts.
"Prince Minister, everyone, first of all, this is not my plan. This is a suggestion put forward by a comrade of the Development and Planning Commission when reporting on work. He believes that the central government's continued actions in the construction of infrastructure such as transportation in the second half of this year can show that the central government will have unprecedented scale from the second half of the year to next year's transportation infrastructure construction. This is a once-in-a-lifetime opportunity. Even if our plans and plans are more radical, they can meet the central government's policy intentions."
Cheng Song's words shocked many people here. This judgment can be said to be a bit bold.
"It's Sha Zhengyang again?" Zhao Yan asked in surprise.
"It seems that Lao Zhao knows this boy Sha Zhengyang very well." Wang Yunxiang laughed.
"Well, when he was the magistrate of Zhenyang County, I was in charge of agriculture. Although I only had contacted it once or twice, this guy was flexible, broad-minded, and brave. He dared to try many things that everyone dared not think about or do. Don't say that these cadres who dared to do this now think the gap is too far and impossible. The final result is that those who dared to try often eat crabs and eat oily mouths." Zhao Yan is no longer in charge of agriculture and has taken over the industrial work that You Wan had just left.
"Old Wei, what do you think?" Wei Wenhui is the vice-provincial director who came out of the Provincial Development and Planning Commission. Now he is in charge of transportation and land, and he is also the work he deserves to do.
When Cheng Song raised it at the provincial chief’s office meeting, he was upset.
The planning of Duyi Expressway has been placed in the Development and Planning Commission for a long time, but everyone knows that this is a big hole for swallowing money. In fact, when Zhou Yuanwang was the provincial chief, the provincial government executive meeting studied this project, but the consensus was that it could only be a plan. It could only be considered when the time is ripe and the province has abundant financial resources.
Now Zhou Yuanwang is already the secretary, and Wang Yunxiang is obviously interested in this project. The question of how difficult the project is is, Wei Wenhui does not think that the conditions are now ripe.
In Wei Wenhui's opinion, the World Bank loans proposed by Cheng Song and the interest-free loans from Japan Collaboration Bank are all gimmicks. If you really have to operate them, you will know that the water here is shallow, and he is born to do not trust these loans from abroad.
Moreover, the provincial financial situation does not allow such a project to be launched. The 3 billion capital is simply unbearable to the provincial finance. Even if it is divided into several years of investment, it is an astronomical figure. Wei Wenhui does not believe that other colleagues will not see it.
"Governor, please tell me the truth. I think this project is unrealistic. Several factors have insurmountable obstacles and are difficult to achieve." Wei Wenhui was not used to Cheng Song. In his opinion, this guy who came from the National Development Planning Commission was somewhat arrogant and low-key, and he had a set of things on his lips. But if he really wanted to implement it, he would know how difficult it was to do things below. He didn't like Sha Zhengyang. This guy is similar to Cheng Song, but he was just better luck than Cheng Song and caught up with some opportunities. He didn't agree with it when he was the deputy director of the Development Planning Commission, but it was not his turn to interfere in this matter.
"Oh? Old Wei, tell me your opinion." Wang Yunxiang attached great importance to Wei Wenhui's attitude, because in his opinion, Wei Wenhui came out of the line of the Development Planning Commission, and now he is in charge of transportation, so his opinion is very important.
Chapter completed!