Chapter 390 - Eastern Harbour Tunnel
"Sixth uncle, don't you think too highly of me. Pen %Fun %Pavilion www.biquge.info" Ye Jingcheng no longer saw Shao Yifu, and changed his daily name and said.
"You kid, when Uncle I am dizzy, aren't I? I can't see who you are. Shao Yifu also got up casually, and after some accusations, he said, "Tell me your opinion." ”
"I don't think that place is suitable for building a cinema, not to mention the rest, how much do you think a cinema can be built with an area of 90,000 square feet? Or Sixth Uncle, do you have the ability to reclaim the nearby land? ”
Ye Jingcheng straightened his mind and analyzed for Shao Yifu: "Again, in order to develop a wetland park in Kwai Tsing District, many original landforms have been preserved, and there are not many life-related industries around, how to solve some daily problems in the cinema?" ”
"Well, you have a point." Shao Yifu fell into a deep groan.
It's not that he can't accept this fact, and he even expected the result early on, but he inevitably had a few lucks. Just like this piece of land, even if there is no way to build a cinema, but you can always make money by opening other projects, so it should be used to maintain its value.
Now it seems that he has not yet let go of a young man, I really don't know if he can't afford to lose when he is old, or if Ye Jingcheng's personality is too contrary to common sense.
The two chatted slowly with the topic, in addition to the competition in the film industry, the two still have a lot of opinions to exchange, especially when they both set foot in the industry, maybe they can also help each other in the future.
Time passed imperceptibly, and the results of the first round of bidding for official land began to be announced.
The reserve price of the first piece of official land was 120 million, but he didn't expect to die before he could get out of the school, and Chen Dawen, the representative of the government, announced that the bid had failed. It's not that no one bids, it's likely that the price is not the bottom line of the government, or the company representing the bidding has the potential not to be recognized by the government.
The reserve price of the second piece of official land is 150 million, and the winning bid price is 231 million.
After getting this result, Luo Yingshi, Lu Yanjun and others raised their glasses to celebrate on the spot, not to mention how happy they were. It's not that they don't have competitors, on the contrary, there are many people present on this land who have joined the bidding, and they just let them get their wish.
It has something to do with their extra fraction of one million, there is a tycoon with a strength similar to Luo Yingshi, and the bid price quoted is an integer of 230 million, and it is precisely because of this million that he lost to Luo Yingshi.
Luo Yingshi faced everyone with a comfortable look, and did not forget to provoke competitors. Lu Yanjun even persuaded Ye Jingcheng, who returned to his seat, that if he had an idea, it would be too late to join now.
Ye Jingcheng smiled and did not respond directly to this question. However, it is already clear that he does not intend to participate in the development of the buildings in this community.
The reserve price of the third piece of official land is 180 million, and the winning bid price is 240 million. The winning bidder was Lui Che Woo, a former stone mining tycoon and now a hotel tycoon, representing the company K. Wah Group.
Ye Jingcheng also participated in this bidding, but the price was only 220 million, and even the price was so much worse than the other party, let alone comparing the company's qualifications.
The reserve price of the fourth piece of official land is 110 million, and the winning bid price is 215 million.
The reserve price of the fifth piece of government land is 135 million, because the type is also community building development, so there are not a few bidders, and the final winning bid is 190 million, and the winning bidder, Feng Jingxi, represents Sun Hung Kai Properties.
……
In this regard, the first round of bidding for official land by the government has ended. The second round of bidding is for several outsourcing projects.
The first project is a planned tourist attraction in Diamond Head, with a tender reserve price of $360 million and an overall investment estimate of $1.4 billion.
The requirement of the tender is that the bidder must carry out the full development of the planned tourist attraction in accordance with the requirements of the government, which will last within three years.
In return, the winning bidder and his company will own ownership of two of the attractions' hotels, as well as some of the recreational facilities. The value of the direct sale may be less than one billion, but the winning bidder can achieve a return on investment and make a profit by operating it.
The second project is the reclamation project in Tsim Sha Tsui East, with a reserve price of $460 million and an overall investment estimate of $1.8 billion. In return for the development, the winning bidder and his company can choose a piece of land for reclamation free of charge, which will be worth no less than $2 billion.
The last project is the Eastern District Undersea Tunnel, which Ye Jingcheng has a crush on, with a reserve price of 520 million yuan and an overall investment estimate of 2.1 billion yuan.
As for the return of the government, it is a 30-year franchise of the Eastern Harbour Crossing. Ye Jingcheng once calculated that the overall investment in this project will definitely exceed 2.1 billion, and it is likely to go to 2.5 or 600 million.
For businessmen who can't see through the prospects, the risks are really not ordinary, especially when the Sino-British talks are imminent. If Hong Kong Island really wants to return at that time, and the mainland government forcibly takes back the franchise, then the winner of this project will lose at least 10 years of franchise.
But Yip King-shing is not worried about this, except for the situation on Hong Kong Island. In addition, this project hides huge benefits, and it is not the 'old man' project that Li Jiacheng said.
In the future, even before the completion of this undersea tunnel, the MTR will open several MTR stations nearby, and these MTR stations will use the undersea tunnel as the main road, which not only requires the company holding the cross-harbour tunnel franchise to pay the tunnel fee every six months, but also brings a huge flow of people to settle down, and the traffic will naturally develop rapidly.
If the traffic flow of 30,000 yuan per day is 15 yuan per car, the average price of each car crossing the sea is 15 yuan, and the income is 450,000 yuan a day, 13.5 million yuan a month, and 160 million yuan a year. Coupled with the MTR's annual tunnel fee of 72 phases, it is normal for the annual revenue to reach 200 million.
It only takes 15 years for this investment to pay for itself. It may seem like a lot of time, but 30,000 vehicles a day is a conservative estimate, even based on the current situation.
If the traffic volume is doubled, or the price of the tunnel fee is raised, the return of funds will be greatly increased. It only takes a few years for this undersea tunnel to turn from a return on investment to a profit.
Admittedly, this project, which takes several years to pay off, is still not as good as his speculation in futures and the stock market. But his speculation is not based on real skills, but only on the basis of knowing more information than people and receiving a broader education.
What's more, he is not a jack of all trades, and he will only choose to make a move when he is sure. When there is no speculative plan on weekdays, isn't his money no different from putting it in the bank? It is better to invest in the real industry, and it can also maintain the development of the business.
"This time it is a dark label operation, which means that the audit will not consider the company's qualifications, and it is completely the highest bidder." After thinking about it, Ye Jingcheng directly added a figure of 620 million to the tender in hand, which was 40 million more than the evaluation made by Li Jiacheng's planning team. (To be continued.) )