Chapter 1516 - Undersea Tunnel
There is a large mine that can be comfortably excavated for decades and enjoy the continuous benefits.
In 2018, people often ridiculed some bold investors with the words "What are you doing, so bold, there is a mine at home".
It can be seen from this that everyone knows the benefits of having a mine at home.
But in fact, there is another kind of property that does not require your continuous investment, but can make you earn for decades once and for all.
It's the highway.
It's just that the expressway is basically impossible to be built by private individuals, and the only people who can build it are usually the Xiangjiang businessmen in the early days of reform, reform and liberalization, and then they become large companies and large groups with deep backgrounds in the interior.
That's why people don't use ridiculous words like "there is a road at home".
But when it comes to the ability to make money, highways are much more stable than mines.
Because the value of mines will also rise and fall due to the rise and fall of ore prices, such as the coal bosses in Jinxi, such as the iron ore companies in Australia.
But from the first day of the construction of the highway, then only more and more profitable.
Unless they have to, they will not reduce the price by a penny during their own 20-35 years of charging period, but will increase the price.
This way of making money can be described as a hard eat.
Completely ignoring the national regulations, the toll years of the expressway are all 5-10 years longer.
What's more, the toll period of the expressway in eastern Guangdong has expired, and it should have been handed back to the government for operation, but it has continued to extend the strange toll collection for several years.
Of course, there are a lot of historical factors in this.
If it weren't for so many benefits, how could Xiangjiang businessmen, including Hu Yinxiang, Li Chaoren, Li Zhaoji and other wealthy people, come to the mainland to build highways?
Given the economic conditions of the local governments in the interior at that time, how could it be possible to quickly build the world's largest highway mileage in the past ten years, connecting major cities and greatly promoting development and exchanges?
It's just that we are not used to looking at the efforts of the wealthy people in Xiangjiang in that era, and the risks they took, but only their gains today.
Then again.
It's only 1983, and most of the wealthy people in Hong Kong, even if they want to build a highway, it is impossible.
Nowadays, the people in the interior have not had enough to eat, where do they have the leisure and energy to do the work of the main artery of highway traffic?
In addition to the fact that in the past few years, the eastern part of Guangdong will take the lead in building several expressways as a pilot, and it is basically not until after 1990 that the construction of expressways will begin one after another between major cities across the country.
The expressways in eastern Guangdong were all built by Hu Yinxiang's Hopewell Group, and with his deep connections, no one could compete with him.
Yin Jun was also reluctant to snatch it.
Even the highway, Yin Jun is reluctant to get involved.
Making money is making money, but after twenty or thirty years, it will be criticized.
Yin Juncai was unwilling to ruin the reputation he had always maintained for this money.
With that kung fu and energy, he would rather go abroad and earn foreigners' money.
However, although Yin Jun does not want to do the highway in the mainland, there is currently a road in Xiangjiang that can be done.
To be precise, it's a tunnel.
Cross Harbour Tunnel.
Eastern Harbour Crossing.
In 2020, there will be three cross-harbour tunnels connecting Hong Kong Island and Kowloon.
The first is the Hongkan Undersea Tunnel, which was invested and built by British and foreign companies in 1969, with a total length of 1.86 kilometers from Hongkan to the vicinity of Causeway Bay, and cost 320 million Hong Kong dollars.
In 1999, the Hongkan Undersea Tunnel has returned to the management of the Xiangjiang government, so after the increase of private cars in Xiangjiang, its low toll fee, coupled with the best location, has always been the first choice for people to cross the island.
By 2020, the average number of vehicles passing through the Hongkan Undersea Tunnel per day will be 120,000, far exceeding the 80,000 vehicles at the time of design.
The second is called the Eastern Harbour Crossing, which connects Cha Kwo Ling Road next to Kwun Tong and Quarry Bay on Hong Kong Island, with a total length of 2.2 km, which was built in 1986 and handed over to the Hong Kong Government in 2016.
However, the Hong Kong government sold the operation and management rights to the MTR Corporation, which is also the reason why the cost of the Eastern Harbour Tunnel has not been reduced.
Because of the high cost of traffic, only about 70,000 trains pass through the Eastern Cross Harbour Tunnel every day, which is basically half of the number it was designed to use.
However, the Eastern Harbour Crossing is not the least utilised.
The least used is the westernmost Western Harbour Tunnel, which was built in 1993 and opened to traffic four years later, with only 50,000 vehicles per day by 2020.
The reason for this is naturally because it charges the most expensive.
For example, a private car costs HK$20 for a trip through the Red Cross Harbour, a pass through the Eastern Harbour Tunnel costs HK$25, but a trip through the Western Harbour Tunnel costs HK$50 a trip!
With such a high price, even Xiangjiang people can't stand it.
As a result, when Yin Jun crossed over, the call for the construction of a fourth undersea tunnel to reduce the pressure of passage has always been high.
Let's not talk about the future.
In front of Yin Jun is now the construction of the Eastern District Undersea Tunnel.
Now that there are more vehicles in Xiangjiang, the government is already considering the construction of a second cross-sea tunnel in order to prepare for a rainy day.
But the Xiangjiang government doesn't have that much money, so it is impossible for him to interfere in the construction of this kind of undersea tunnel.
14 years ago, it cost 320 million Hong Kong dollars to build the Hongkan Undersea Tunnel, and at that time, the house was less than 200 Hong Kong dollars per party.
If calculated by the extent of this price surge, the cost of the Hongkan Undersea Tunnel to today has at least increased tenfold, which is 3.2 billion Hong Kong dollars.
The Hongkan Harbour Tunnel is already the shortest distance between Hong Kong Island and Kowloon, and the second tunnel built will definitely be much longer than it, so the direct estimate of the cost is from 4 billion Hong Kong dollars.
Based on the successful experience of Hongkan Undersea Tunnel, the best way is to recruit a large company to build, manage, operate and maintain it, and then return the tunnel to the Hong Kong government after 30 years.
However, according to the rules of the Xiangjiang government, from the day of signing the contract, the 30-year toll operation time will be calculated, and the construction time will also be counted.
This is to avoid their procrastination and urge them to open operations as soon as possible.
A few days ago, Youde invited Yin Jun to a meal, also to thank Yin Jun for his strong support to Xiangjiang in the past month or so, from the beginning of the fourth negotiation to the time when the exchange rate was stable.
Youde is definitely not a bad person, he can be regarded as a gentleman, so even if he knows that Yin Jun is for Xiangjiang, not for the Xiangjiang government, he also accepts this favor.
During the banquet, Youde mentioned the matter to Yin Jun.
From the perspective of the toll status of the Hongkan Undersea Tunnel, everyone knows that the second undersea tunnel must also be a piece of fat.
Whoever can get the right to build and operate this will be able to make a lot of money.
Now Youde plans to give this benefit to Yin Jun as a thank you to him from the Xiangjiang government.
At the same time, Youde also believes that the people of Xiangjiang will not object, because everything Yin Jun has done before is for them.
Such a person must be one of the most suitable candidates to build and operate the second undersea tunnel.
Yin Jun also understands what a cornucopia this second Eastern District Undersea Tunnel is.
But the boy didn't agree right away.
Because there are still some troublesome things in this, Yin Jun needs to think about it.
The first is the money and energy involved.
This is naturally not the biggest problem, only 4 billion Hong Kong dollars, divided into two or three years to spend, there is no problem for the Kirin Group.
In terms of energy, it is also simple, Yin Jun hired the company that designed and built the Hongkan Undersea Tunnel to do it, and he only needs to supervise the capital and quality.
It is the best way to leave professional things to professional people.
Then the point that Yin Jun wants to change the most is the location of the Eastern District Undersea Tunnel.
In the previous life, the Eastern Harbour Tunnel was a very remote Cha Kwo Ling Road to Quarry Bay.
Quarry Bay is certainly not remote, it is in the bustling Hong Kong Island, and it is only 4 MTR stops away from Causeway Bay.
The key is Cha Guo Ling Road.
It may not be intuitive to say anything about Cha Guo Ling Road, as long as you know that it is not far behind it is Tiu Keng Ling, which is the former residence of Aunt Zhang and Wen Bixia, which is not far from the countryside of Xiangjiang, and you will understand that it is almost on the edge of the Kowloon New Territories.
If a private car wants to go from here to Hong Kong Island through the Harbour Tunnel, it has to go from a long distance to Waterloo Road to Lung Cheung Road, and then from Kowloon Bay, Ngau Tau Kok, Kwun Tong...... In this way, you can drive all the way to reach Cha Kwo Ling Road and finally cross the sea.
In the previous life, the reason why the Eastern Harbour Tunnel did not have many traffic volumes was that in addition to the price factor, half of which should be the reason for this location.
Otherwise, the Bidong Harbour Tunnel, which is twice as expensive, can have almost 50,000 vehicles through, so why is there only 70,000 vehicles in the Eastern Harbour Tunnel?
If Yin Jun wants to do the Eastern District Undersea Tunnel, he will definitely not be willing to use half of the design volume.
If you want to make money, you have to make the most profits!
can make full use of the tunnel, and there is no need to set a high price, so making money in such a dignified manner, of course Yin Jun has no burden.
Then, the road map of the Eastern Cross Harbour Tunnel must be changed.
Even if you stretch the route from Laguna Park in Kwun Tong, pass by the area of Kai Tak Airport, and directly connect to the MTR "North Point Station".
Or from a more complicated one, from the Kwun Tong waterfront corridor in Ngau Tau Kok, to Quarry Bay.
Compared with the first "Kwun Tong North Point" plan, the second "Ngau Tau Kok Quarry Bay" needs to be built for at least 4 kilometers, which is almost double the distance.
Doubling the distance is not only an increase in the length of the undersea tunnel, but also a doubling of the difficulty and cost of the project.
Not to mention 10 billion Hong Kong dollars, at least 7 billion Hong Kong dollars is necessary.
The first "Kwun Tong North Point" plan, at most, 3 kilometers, 5 billion should be able to win.
In the end, which of the two plans is better, which one is most conducive to convenient transportation and the most conducive to making money, but it is not easy to determine.
Yin Jun handed it over to the relevant experts, asked them to discuss, and finally gave Yin Jun a detailed calculation plan.
They analyzed and calculated from all angles, which was much more practical than Yin Jun's utopian dreams here.
Youde doesn't have to worry about changing the hexagram, unless Yin Jun is unwilling to repair the Eastern District Undersea Tunnel, the Xiangjiang government will definitely not give it to the second company.
That's the benefit of paying a huge price before!
More than 20 years of operation, up to tens of billions of Hong Kong dollars in profits, just in the hands of Yin Jun, isn't this a gift from God to the brave!?
……
(Thank you for the recent tips, monthly passes, and recommended gentlemen!)