Volume VII Section 116 No concessions
The lengthy and boring work report did not arouse much interest among the people present, in fact, this plan that requires a very grasp of attracting investment is actually more like a slogan-style declaration, and what the result is, it has to be finally determined by the cities themselves to grasp this work, and in this big and inappropriate plan did not put forward many valuable suggestions and opinions to the cities, that is, the so-called dry goods.
The discussion of the first plan passed without being salty, and soon entered the second one, that is, a proposal from the Development and Planning Commission on the Duyi Expressway Project and the Hanchuan Provincial Expressway Construction Plan.
said that it was a proposal, but not only did Kang Guangliang read and put forward a lot of suggestions, but Cheng Song had even reviewed it and gave a high evaluation, and most of the content was also reported to Wang Yunxiang.
Wang Yunxiang did not express his position lightly, he also knew that Cheng Song also made a separate report to Zhou Yuanwang on the content of this proposal, which was also instructed by him, after all, such a big plan, and it is a transformative approach, it will definitely be questioned and criticized from all sides, and he also needs to be cautious.
Sha Zhengyang stood up and said hello to everyone, then sat down indifferently and cleared his throat, "Entrusted by Director Guangliang, I will make a brief report on the relevant situation of the Duyi Expressway Project,...... As we all know, the Duyi Expressway project is currently the most difficult and the most expensive expressway project in our province, and at the same time it is the least cost-effective in terms of short-term economic benefits,......"
“…… This project has been questioned a lot from the beginning, not that this project should be on it, whether it can be on it, the key is the timing of this project, so the province still tends to postpone when studying the time of this project, and wait until the conditions are more mature to start, but why should this project be taken out for special research?"
Sha Zhengyang asked himself, and then replied: "It is because some of the current environmental conditions have changed, and the provincial party committee and the provincial government think that this project can be tried to see if it can be operated through abnormal channels and methods, so as to further reduce the pressure of financial investment in Hanchuan Province, and at the same time accelerate the construction of highways in our province, so the Duyi Expressway project is a 'side door' ,......"
Hearing Sha Zhengyang say that it was "the left way of the side", Wei Wenhui couldn't help but snort lightly, but several other high-ranking officials showed a smile on their faces that could only be understood.
"The reason why we think that it seems unlikely to start the Duyi high-speed project has become possible, we believe that there are mainly the following three factors have changed, first, the risk of the impact of the Asian financial crisis on China's economy is becoming increasingly prominent, and the central government is formulating a strategy to respond, and the start ,......of infrastructure construction, especially the construction of transportation infrastructure, to make up for the shortcomings of China's transportation infrastructure This strategy is extremely necessary and timely."
"The second is that the central government has identified poverty alleviation as a national strategy, the reason why the people in poor areas are poor, inconvenient transportation is a major reason, to solve the traffic problem, through the development of industry to achieve industrial poverty alleviation, will become a strategic ,...... after obvious changes for a long time in the future"
"The third is that in the past, we still underestimated the resource endowment of the areas along the Duyi Expressway project and the enthusiasm and determination of the people who are eager to solve the inconvenient transportation,......
"Therefore, after the change of this series of factors and conditions, we believe that it is now possible to start the Duyi Expressway project, and at the same time take advantage of the current favorable opportunity to actively promote the construction of the province's expressway project,......"
"As for what 'side door', the leaders also know roughly, I will briefly introduce the progress here, through a series of work in the early stage, especially with the support of the main leaders of the province, we first solved the problem of project loan financing of the China Development Bank, after preliminary consultations, the China Development Bank agreed to provide 10 to 20 billion project loans after the project capital is sufficient,......"
The China Development Bank was the first to do it, because Wang Yunxiang and Cheng Song both communicated through their respective channels.
Of course, the CDB's position is also very clear, this is to be the project capital sufficient and they have reviewed the loan before it can be granted.
The reason why the loan is between RMB 1 billion and RMB 2 billion is that CDB has to evaluate the shareholders of the future project company, not only to assess the strength of the shareholders, but also to evaluate the operational capabilities of the shareholders.
To put it mildly, if a company like Hopewell Group or Hutchison Whampoa and Wharf enters, it may be 2 billion, and if it is changed to a little-known company, it may be 1 billion.
"After receiving the support of the China Development Bank, we started the work of obtaining a loan from the World Bank and a low-interest loan from the Bank of Japan, and through a lot of hard and meticulous work, the World Bank has taken the initiative to face the difficulties in our province to solve the problem of increasing the income of the people in backward areas, and decided to support it, and agreed to loan 150 million yuan. 250 million US dollars, the Bank of Japan also appreciated the province's strategy of industrial poverty alleviation infrastructure first, and also agreed to provide a loan of 20 billion to 25 billion yen for the Duyi Expressway project under the premise of sufficient project capital,......"
Several vice-governors have changed color slightly, which is a bit terrifying.
They are all veterans in the field, and they are naturally no strangers to the construction cost of highways, such as Wei Wenhui.
The interest on loans from CDB, the World Bank and the Bank for Cooperation of Japan is very low, especially between the World Bank and the Bank of Japan.
This preliminary calculation, if the Duyi high-speed project can choose a strong partner, then the 2 billion yuan of the China Development Bank, the 2 billion yuan of the World Bank, and the 1.5 billion yuan of the Bank of Japan Cooperation Bank, this has already accounted for 5.5 billion loans, plus the capital, in fact, the commercial loans that may be required are only about 3 billion.
This is nearly half of the 5 billion commercial loan with higher interest required at the beginning, which will greatly improve the interest payment pressure in the future operation period after the completion of the project.
"The loans from the World Bank and the Bank of Japan for Cooperation have, in a sense, some policy tendencies, and they think that the Duyi Expressway project is in line with their lending direction, just because the Puchi and Wuling areas are relatively poor and backward, and they think that the completion of the project will improve the development of the region?" Pan Guangzhang couldn't help but interject first.
"Indeed, the World Bank and the Bank of Japan for Cooperation (JCO) teams have made a special trip to the Puchi and Wuling areas to go deep into the countryside to inspect the road conditions and the production of goods in the areas,......
As soon as Sha Zhengyang's voice fell, Wei Wenhui had already picked up: "The World Bank and the Bank of Japan Cooperation have also put forward some prerequisites, believing that the project must attract partners with more mature operation and construction experience and strong capital strength, what does this mean?"
Finally, I still have to ask this question, and it seems that I can't avoid it, Sha Zhengyang said calmly: " According to my understanding, the World Bank has some requirements in this regard, they want to encourage private enterprises to participate in the construction and operation of such projects, and they also mentioned some changes in the central policy of our country, they think that the change of the central policy in this regard is gratifying, and they have changed the direction of discrimination and suppression of the private economy in the past, but they still think that this is not enough, especially in some areas that are considered more sensitive in China, such as infrastructure, and they hope that this attempt will bring more changes,...... ”
"Isn't this request a bit unreasonable? What if this project excludes domestic private capital? Will the World Bank terminate the loan? What about the loan from the Japan Bank of Cooperation?" Wei Wenhui's tone did not show much emotion, but seemed to be very rational, as if he was exploring something. Whether it's the Duyi Expressway or other expressway projects, which are government-led infrastructure construction projects, I think this kind of request from the World Bank and the Bank for Cooperation is very bad and inappropriate, which brings a certain underlying tendency that the loans from the World Bank and the Bank for Cooperation are to support private capital into our public infrastructure sector, not to support the economic development of our Hanchuan Province, and such loans seem to solve our immediate needs, but the potential harm is far-reaching and hidden,......"
Wei Wenhui's point of view is a bit ruthless and sharp.
Although the current central policy has given the green light to the private economy, and from the perspective of the spirit of the party's documents and the amendment of the Constitution, it has been established that the private economy is an important part of China's socialist economy, the discrimination and resistance against the private economy are still deeply rooted in the hearts of many people.
Especially if there is a conflict between the private economy and the state-owned economy, then this sentiment is even more prominent and obvious, and the resolute support for the public economy becomes politically correct, and no one dares to oppose it.
"I don't dare to agree with this viewpoint of Governor Wei I! This is an unreasonable and infinite exaltation, which sounds like a clear and politically correct viewpoint, but in fact it is a clever remark and extremely harmful!"
Sha Zhengyang refuted it unceremoniously, and even said something unscrupulously, but he had to do so!
If the other side is not defeated on this topic, then the other side will still be entangled in this issue, and even make various extensions, and go online, and if they do not get it right, they will have to elevate what was originally a purely concrete work opinion to a political point of view.