After Shi Liang announced the end of the meeting, he left with a heavy heart, but Chu Tianxiong asked Duan Zetao about the situation after taking office in the Department of Transportation, and left in a hurry after a few words of encouragement.

The presidents of those banks realized that the young man sitting in the corner was actually the newly appointed director of the Department of Communications, and looked at Duan Zetao in surprise, but at this time, they had no intention of greeting Duan Zetao politely, and they all left one after another.

Back in the office, Duan Zetao was still immersed in thinking about the issue of construction funds and loans for the Department of Communications, judging from today's meeting, it is impossible to obtain large loans from these major commercial banks in Jiangnan Province, and it is necessary to open up other financing channels, but the funding gap of the Department of Communications is not a small amount, as high as tens of billions, and even Shi Liang, secretary of the provincial party committee, is at a loss, and Duan Zetao is also difficult for money for the first time.

Where does all this money come from? Duan Zetao didn't have a clue for a while, he picked up the information sent by Gao Aiguo and looked at it, and suddenly he was attracted by a line of words in the information, "Since the completion and opening of the first World Bank loan expressway project in our province in 1997, the total mileage of expressway construction in our province has reached more than 6,000 kilometers, and the expressway network covering the whole province has initially formed a ......."

World Bank! Duan Zetao had a flash of inspiration in his mind, and he slapped the table and stood up excitedly, yes, since domestic commercial banks are difficult to borrow, why don't you want to find a way to borrow from the World Bank, you must know that the World Bank (WBG) is known as the three most important pillars of the international economic system together with the International Monetary Fund (IMF) and the World Trade Organization (WTO), and it is absolutely wealthy!

Moreover, the World Bank's main target of help is developing countries, and China is also a member of the International Monetary Fund, and is also one of the important shareholder members of the World Bank, which fully meets the loan conditions of the World Bank, and the loan interest rate of the World Bank is also relatively favorable.

The more Duan Zetao thought about it, the more excited he became, and immediately brought Wang Siqiang to discuss, but Wang Siqiang poured a scoop of cold water on Duan Zetao head-on.

"Zetao, your idea is not that it is not feasible, if the World Bank is really willing to lend us a loan, it will naturally be fine, but you find that no, except for the first expressway project in Jiangnan Province, which is a World Bank loan project, we have never received a World Bank loan ...... in the future", Wang Siqiang shook his head and smiled bitterly.

Duan Zetao raised his eyebrows and said suspiciously: "Yes, I also feel strange, the loan interest rate of the World Bank is more favorable than that of domestic banks, why don't you choose to continue to borrow from the World Bank......

"There are many reasons for this, first of all, the focus of the World Bank's loan projects has changed, from the previous focus on supporting infrastructure projects such as transportation in developing countries to gradually ......shift to environmental protection, agriculture, water purification, education and other fields."

"Second, the World Bank has made certain demands on the recipient countries, especially in reducing corruption or establishing democracy, and the new leadership of the World Bank is biased against Huaxia, believing that Huaxia has not done a good enough job in reducing corruption or establishing democracy, and that the transportation system of Jiangnan Province has just broken out with corruption cases that shocked the whole country, and it is even more difficult to obtain a loan from ......the World Bank."

"Third, the World Bank's audit and supervision of loan projects are very strict and standardized, requiring strict implementation in accordance with FIDIC terms, and the loan procedures are also cumbersome and strict, which makes it difficult for domestic project builders to adapt, and with the increase of domestic financing channels, they have slowly given up lending to the World Bank...... Because of all these reasons, there are fewer and fewer highway projects financed by the World Bank," Wang Si......qiang patiently analyzed.

(Note: FIDIC is the French abbreviation of the International Federation of Consulting Engineers, FIDIC clauses refer to the civil construction project management specifications and contract terms formulated by the International Federation of Consulting Engineers, which are recognized by the world as fair, just and standardized contract terms, and have been widely recognized and widely adopted by relevant organizations of the United Nations, the World Bank, ADB and other international financial organizations as well as many countries.) ）

Duan Zetao frowned, waved his hand vigorously and said: "As long as there is a glimmer of hope, we will strive for it, it is a good thing to require strict specifications, we just use foreign project standard management experience to make our highway construction management gradually standardized, this matter is up to me to figure out, in addition, you help me think about whether there are other financing channels, such as BOT ......."

(Note: BOT (build-operate-transfer) refers to the government granting private enterprises (including foreign enterprises) a franchise for a certain period of time through a contract to allow them to finance the construction and operation of specific public infrastructure, and allow them to repay loans by charging fees to users or selling products, recovering investment and earning profits; At the end of the concession period, the infrastructure is handed over to the government free of charge. ）

Wang Siqiang shook his head and said: "The BOT construction model was very popular in the early years, but there were many problems in the actual operation, first of all, most of the funds for the BOT project actually came from bank loans, but the risk was transferred from the government to the private, and many of them were simply empty gloves white wolves, and the situation of broken capital chain was more serious......."

"In addition, because BOT projects are private investment and private management, they pursue the maximization of profits, and the quality control of the project is often much looser than that of national construction projects, and most of the giants who can get the right to build the project are people with big backgrounds, and it is difficult for the supervision of government functional departments to be in place, resulting in many hidden dangers......."

"And only in the future, the traffic flow is large, the project with good benefits will be willing to invest, and the financing pressure of these projects is often not large, before some people said, our transportation department is to give meat to others to eat, their own gnawing bones...... So in recent years, there have been fewer and fewer BOT construction projects in Jiangnan Province, and there are only four BOT highway projects currently under construction in Jiangnan Province, and as far as I know, the shortage of construction funds in them is more serious than that of national construction projects......".

Duan Zetao nodded, and said in a deep voice: "Any kind of new thing has advantages and disadvantages, especially in the case that our system is not sound and imperfect, it is understandable that there is a situation of mud and sand, but we can't choke on food, BOT model has quite successful cases in foreign countries, as long as we strictly control when choosing investors, and strictly supervise in the construction process, I believe that the BOT model will play an important role in the transportation construction of Jiangnan Province!" ……”。