Chapter 998: Mud can also be sold

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I stayed in Donghai Province until the end of August. The investment project of Donghai Province and Fan's Investment Group on the joint development of Hengshan Port has finally been approved by the State Council, and the construction project of Hengshan Deepwater Port, known as the 10 billion project, has finally officially kicked off.

Fan's Investment Group invested 10 billion yuan, accounting for 80 percent of the shares of the port, and the Donghai Provincial Government occupied 20 percent of the shares.

Although the overall blueprint of the construction has not yet been made, the offshore seabed silt must be cleared first, and this work does not wait for anyone, so Fan has quickly invested 20 seabed dredging construction machinery to start the preliminary construction of Hengshan Port.

After Fan's large-scale entry into the construction of deep-water ports in China and obtained 80% of the shares to become the major shareholder of Hengshan Port, this matter immediately attracted great attention at home and abroad, especially when private capital and foreign capital can get involved in port construction and can exceed 50% of the shares, the interest of foreign capital from all walks of life is very great.

However, there are also some differences in understanding among domestic experts and scholars about the decision that foreign capital can control the domestic port industry, some in favor and some against.

In fact, there is also a lot of foreign investment in the construction of domestic ports, but from the perspective of investment layout, the current domestic foreign-invested ports are mainly distributed in the south of the Yangtze River. Especially concentrated in the Pearl River Delta region, the northern ports are slightly inferior in terms of investment scale and scope.

According to Fan Wuxi's observations, the main reason for this is that the northern region is slightly inferior to the south in terms of the degree of market economy and the business philosophy of the competent authorities, and foreign businessmen are also very concerned about this. However, in recent years, the throughput of northern ports has grown rapidly, so the battle for foreign turf will gradually move northward without any suspense.

First of all, the injection of foreign capital not only solves the problem of insufficient funds in the construction of the port in China to a certain extent, but also brings advanced container terminal management concepts, methods and management technology to the domestic ports, improves the service quality of China's ports, effectively improves the operational efficiency of the terminals, and enhances the international competitiveness of the ports.

The domestic experience in the management of large ports is relatively small, and the understanding of the external environment is not very much, and the port industry is a global logistics industry, the injection of foreign capital, can quickly improve the management and technical level of China's container terminals to a relatively advanced level, shorten the gap with other advanced ports in the world, so that some of the advanced facilities, operating efficiency and management level of some of China's joint venture container terminals will soon approach or reach the level of the world's advanced ports. At the same time, this move will attract more Chinese and foreign shipping companies to anchor, which can better serve China's foreign trade transportation.

The second is the injection of foreign capital, which also provides a certain guarantee for domestic port enterprises to attract and stabilize cargo sources and routes, and improve the port logistics system.

With the development of the domestic port industry, powerful multinational shipping companies have poured into China and flocked to China's ports. The main purpose of China's container terminal joint ventures has shifted from simply to solve the problem of construction funds and the introduction of advanced technology, to attract foreign investment from a new height, that is, the future development strategy of the port, and port enterprises are mainly considering the need to expand the brand effect and build the logistics chain.

The introduction of foreign capital will lead to the introduction of the popularity of these foreign enterprises and their credibility in the shipping industry, which plays a very important role in attracting and stabilizing the supply of goods. Internationally renowned large shipping companies or alliances have a global shipping and agency network, which can effectively undertake the global logistics of multinational companies.

Therefore, it is of great significance to be able to achieve asset marriage with large international shipping companies and build the logistics chain of the port to stabilize and increase the supply of routes and containers, and to maintain and enhance the comprehensive competitiveness of Hong Kong.

Of course, the negative impact of this cannot be ignored.

Some experts who oppose the decision to relax the conditions for foreign investment to enter the port industry for holding shares said that the investment of multinational shipping companies in domestic terminals will make it more difficult for domestic shipping companies to carry out feeder transportation, domestic container transportation and terminal business.

The layout and construction of domestic feeder and domestic trade container terminals are usually carried out according to the scale and needs of regional economic development, as well as coordination with other modes of transportation, while multinational shipping companies choose to invest in container terminals according to their interests, which affects the requirements of domestic economic development for the layout of feeder and domestic trade container terminals, and affects domestic feeder and domestic trade transportation.

And a very important point, that is, domestic shipping companies are still in the initial stage of terminal operation, and the terminal as a scarce resource, once controlled by multinational shipping companies, it is difficult to redistribute, with a large number of domestic hub ports by multinational shipping companies to participate in the operation. It will limit the development space of domestic shipping companies in port investment and operation.

The second is that multinational shipping companies investing in ports always choose and layout according to their own interests, which will disrupt the overall planning and arrangement of domestic container terminals, and have an adverse impact on the overall strategy implementation of domestic ports.

It is conceivable that multinational shipping companies will obviously not have any interest in those small ports, relying on the advantages of funds, they invest mostly in domestic hub ports, especially after the government is about to cancel the restrictions on the proportion of shares invested by foreign capital in ports, multinational shipping companies will use the control advantages of these hub ports to increase the cost of terminal use, operation fees and other expenses, increase the transportation costs of other anchor shipping companies, etc., and intensify the vicious competition between container terminals.

Therefore, we can all see that the introduction of foreign capital to build a port is actually a double-edged sword, and it is all about the operation.

In fact, the psychological pressure on the leaders of Donghai Province is not small, after all, Hengshan Port is the first large-scale deep-water port in China that does not have a controlling position on the part of the government, if it is done well, this is a very important political achievement, if it is messed up, it is probably Wu Fukuan and others will be greatly affected by this.

However, Wu Fukuan's position on this issue is more resolute, on the one hand, he has confidence in the good reputation of Fan's Investment Group, and at the same time, this time he has completely fallen to Fan Hengfan Wuxi's father and son.

In particular, the State Development Planning Commission and the State Economic and Trade Commission have recently promulgated the Catalogue for the Guidance of Foreign Investment Industries, and have decided to abolish the requirement for Chinese parties to hold shares in ports, and the introduction of this policy has played a positive role in encouraging foreign investment in the domestic port shipping industry and easing the bottleneck in the funds for port construction.

Wu Fukuan has carefully studied this policy, and it is foreseeable that after the lifting of the controlling stake restriction, the domestic port and wharf industry will usher in a new round of foreign investment. In the next three to five years, foreign investment targets will still prefer major coastal hub ports, and the investment focus will still be on container business with relatively high yields. Some ports in the western region and large-scale specialized terminals such as coal, crude oil, and ore will also be favored by foreign businessmen.

However, for the sake of risk diversification, foreign participation in the construction of the terminal will still be based on joint ventures with existing domestic port enterprises, which is not to say that the other party's appetite is not good, but it is really doubtful about some domestic policies, and another point is that if there are state-owned enterprises involved, when dealing with local disputes and conflicts, they can often take advantage of the government's power.

For example, if the remuneration of the mainland employees hired by oneself is meaningful, a purely foreign-funded enterprise may have to operate in accordance with the legal framework, but in the case of joint ventures, the Chinese manager often pulls in the name of the government, and a crackdown can solve the problem.

Since the middle of this year, a new round of foreign investment in the construction of terminals has begun to emerge, such as the joint venture between Yantian Port Group and Hutchison for the construction of the third phase of Yantian Port, the signing of a letter of intent between China Merchants International and the Tianjin Port Authority for the development of the second phase of the Tianjin Port, the signing of an agreement between Hutchison and the Ningbo Port Authority on the joint venture of the new container terminal of Beilun Port, and the establishment of the Guangzhou Container Terminal Company by the Singapore Port Group and the Guangzhou Port Authority.

In addition, Tiexing Zhahua, Maersk Line and CSX World Terminals have expressed their willingness to cooperate with the government to build the Shanghai International Shipping Center.

It can be seen that the strategy adopted by foreign investors is to cooperate with mainland port enterprises before the policy is promulgated, occupy the market, and then obtain the operating controlling stake of the joint venture port through capital increase and share expansion after the policy of abolishing the controlling stake restriction is introduced.

When Wu Fukuan and Fan Wuxian came to inspect the construction of Hengshan Port, they saw a lot of barges parked on the sea, and through thick pipelines, the large excavation and dredging machinery that had sunk to the bottom of the sea for tens of meters transported the cleaned up seabed silt, and the barges transported it to a nearby open space for treatment.

The scene after 20 large dredging machines started at the same time is still spectacular, and of course the energy consumed is also astronomical. Fortunately, Fan Wuxi's subordinates have used the most advanced solar power generation system developed by the company to form a medium-sized generator set by the seaside, as long as it is daytime and the sunshine conditions are relatively good, it can basically meet all the electricity needs of large machinery.

At night, the energy storage device provides a few hours of power supply, and then it is supplied through the local power grid, because the grid is used more in the middle of the night, and it will not cause too much pressure on the local daily electricity, which is also a great progress.

"Fan's comprehensive strength is far above our estimates." Wu Fukuan saw the scene in front of him. I couldn't help but sigh.

"Oh, nothing special." Fan Wuxian shrugged his shoulders and said, "When you have abundant development funds, as long as you have a little vision and a little foresight, you can develop better, and the reason why our Fan family has developed faster is because we will be more interested in all advanced things." ”

"Deng Gong said that science and technology are the primary productive forces-" Wu Fukuan replied with a smile, "but according to Mr. Fan, it seems that curiosity is the driving force behind all advanced technologies." ”

"That's true." Fan Wuxian also said with a smile, "Although sometimes curiosity kills cats, more often curiosity can make cats evolve into tigers." In the past ten years of development, Fan's has caught up with many good opportunities, and has not wasted these good opportunities. ”

"I believe that the cooperation between Donghai Province and Pham will impress the world, and the port of Hengshan will become the most important hub port in the whole of Asia." Wu Fukuan nodded in agreement.

"I'm very concerned about this, especially for the joke that the sticks are building the largest port in Asia, as long as we develop here, most shipping companies will prefer to come to the port of Hengsan instead of the port of Busan, after all, we have the advantage of geography here." Fan Wuxian said.

"Have you figured out what to do with that sludge?" Wu Fukuan looked at the mountains of seabed silt next to him and asked Fan Wuxi.

With the continuous development of the seabed dredging work, the silt here will accumulate more and more, Wu Fukuan thought to himself that there seems to be no good place to pile up nearby, and such a large amount of silt piled up together is indeed unsightly, but he doesn't know what Fan Wuxi will do with it, so he asked more.

"Hehe, we're going to sell this thing." Fan replied.

"Sell?!" Wu Fukuan was immediately stunned and said, "Someone would buy this kind of thing?!" ”

Fan Wuxian explained with a smile, "Seabed silt is a miraculous natural biological soil. Legend has it that the beautiful Cleopatra was the first to discover the wonders of the Dead Sea's silt and use it for skin building and beauty. The secret of her beauty is to soak in the mineral waters of the Dead Sea to nourish and moisturize the skin with minerals and apply Dead Sea mud to enhance the skin's delicacy and suppleness. We are also planning to treat the sludge and sell it in small bottles, and we expect the market response to be very good, so we probably need to set up a cosmetics company. ”

Seabed mud contains a large number of minerals, trace elements, etc., which have accumulated on the seabed for hundreds of years, and seabed mud has the effect of promoting blood circulation and thorough cleansing, and its mineral essence is especially suitable for dry, sensitive and damaged skin.

In fact, deep-sea mud is mostly made into facial masks by some cosmetics brands, and the color looks greenish, and some sea mud followers think that its moisturizing and whitening effect is very significant.

As this side is shallow sea mud, Fan Wuxian believes that this side is not the main waterway due to historical reasons, and the degree of pollution is small, so the usable value of these sea mud is still relatively high.

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