Chapter 635: The Great Railway Plan

Many of the post-war problems of the Daheng Empire are actually related to the recovery and development, and in order to restore people's livelihood and develop better, the transportation problem must be solved.

Not every place can have dense rivers like Nanhai Prefecture and Pingnan Prefecture, which is enough to form a complete river transportation system, and most places do not have such a dense river transportation network, and the transportation mainly relies on land transportation.

Even in Nanhai Prefecture itself, the western part of it lacks a river transportation system and needs to rely on land transportation, otherwise the Luoqing Railway would not have been built in Nanhai Prefecture.

This is true in Nanhai Prefecture, not to mention other places.

Therefore, Lin Ziran is ready to launch a large number of railway projects in a short period of time.

The biggest effect of the railway project is to reduce the cost of personnel and material transportation, which is very important to Daheng.

Daheng has a huge land area, and many places are very suitable for farming, resources blocking, but if there is no river transportation, only rely on horse-drawn carriage transportation, then the transportation cost is high, whether it is grain, mineral resources, if the transportation cost is high, then there is no value of export.

Once there was a well-established railway network, the empire's industry would be able to exploit mineral resources such as coal and iron ore from the inland areas, and purchase cash crops such as cotton and livestock products to obtain a cheaper supply of resources, further reducing the production costs of various manufacturing industries and the supply costs of various agricultural and livestock products in the cities.

At the same time, rail can also reduce the transportation cost of a large number of industrial products and enter the wider inland market.

The construction of transportation represented by railways was of great strategic significance to the future development of agriculture, industry and commerce in the empire.

In addition to being of great strategic significance for future development, the railway construction itself can drive a huge internal market demand!

Daheng has a vast territory, just the early stage of the railway planning has tens of thousands of kilometers, the medium term railway planning of more than 100,000 kilometers!

Such a huge railway construction project will require a large number of rails, sleepers, sand and other construction materials, as well as a large number of locomotives, carriages and other related train products.

It's going to be a huge market!

The rail market alone is enough to directly drive the explosive growth of the steel industry within the empire.

The development of the steel industry will directly drive the development of mining and transportation.

At the same time, the development of these industries will directly drive the development of many other industries, such as chemicals, machinery, etc.

Railway construction, in addition to the convenience of transportation brought by the railway, railway construction itself means an industrial carnival, which is enough to drive the rapid development of many industries in the empire.

The development of the above-mentioned industries will reduce the employment rate and allow more people to obtain income, and when more people have more income, then the consumption in the internal market will also rise, which will drive the development of the service industry and terminal consumer goods.

And these add up enough to make Lin Ziran make up his mind to engage in railways.

Not to mention, the current railway in Daheng is itself a business prospect.

Most of Daheng's land is flat, and even some of the more complex terrain can be bypassed, which means that the cost of railway construction will be relatively low.

At the same time, there are many people in Daheng, although the quality of the domestic industry is low-end, but in fact the scale is not small, the demand for transportation is very large, coupled with the huge demand for transportation of agricultural and livestock products, which makes the construction of railways in Daheng, as long as it is not messy, then it is very easy to make a profit.

At least at present, the railways operated by the railway branches under the Daheng Railway Company are all profitable, and they are very profitable.

When investing in the construction of railways is profitable, then it is possible to adopt the model of commercial construction.

On February 18 of the second year of Qiansheng, the Daheng Railway Company announced that it would unify the rules and regulations of the existing railway lines, and build a new batch of connecting lines to connect the existing railway lines.

At the same time, the railway company announced that it will continue to build a number of new railway lines, among which the core railway in the early stage is the Dongxu line, which will be a railway trunk line through the three states of Jingzhou, Pingnan and Beianzhou.

It is also one of the strategic trunk lines in the planning of Daheng Railway.

The railway will start from the East Seaport of the Jingzhou Peninsula and run through the entire Jingzhou Peninsula before arriving at the Jingshi Beicheng Railway Station in the Jingshi Beicheng District.

It connects with the Jingzhou North Line here, then continues to the northwest, and enters Pingnanzhou all the way, and finally goes north to Xujiangcheng, the northeast lakeside port of Bei'anzhou, ending the history of Bei'anzhou without railways.

In addition, the Jingchong Line will be extended on the basis of the existing eastern line of the Zishengzhou railway network, which will start from the central railway station of Jingshi Nancheng and then extend outward in a northwest direction until Zishengzhou connects to the eastern line of the Zishengzhou railway network and finally arrives at Chongke City.

From this, if you start from Jingshi, you can go all the way to Chongke City, and then continue west into Quyang Prefecture to reach Deqing City.

Here, the railway company is still planning Deqing City, and at the same time building trunk railways to the northwest of Northwest Prefecture and Zhongluo Prefecture due west, and finally connecting to the Northwest Prefecture city of Rey, and will continue to build north in the future, until it reaches the West Sea Defense Line.

The Zhongluo section is from Deqing City to the west, and after entering Zhongluo State, it has been running to Zhongluo State City and the coastal city of Xihe City.

The core of this railway is to connect the states of the central region.

And this is only part of the railway planning, the current railway company in the early stage of the main planning.

It is to take the Jingshi urban area as the radiation station, use the original railway network, plus the construction of a number of new trunk lines, to build a national trunk railway network.

The purpose is to connect the main industrial and industrial regions of the thirteen states of the country, and to ensure that from any one state, it is possible to travel by rail to any of the other twelve states.

Even if it is a detour, even if you need to change trains on the way, even if you take a ferry in the middle, etc., you still have to be able to reach the thirteen states of the country.

This is the most important strategic scale of Daheng Railway.

At the same time, more feeder railways will be built on the basis of the above-mentioned mainline rail network, but more of those feeder railways will be built for commercial reasons.

In order to support the large-scale railway construction project, the railway company has begun to issue fixed-rate corporate bonds to raise funds, in addition to bank loans.

The interest rate on bonds is not high, but it is comparable to government bonds.

However, this kind of bond, which is called railway bonds, is sold quite hotly, and ordinary people may not feel it, but those financial institutions and rich people are eager to buy it.

Because now the Daheng Empire has stopped issuing large amounts of treasury bonds after the end of the Unification War, and without the ultra-low risk of treasury bonds, after Li Wei's bonds, many private and institutional capitals also need to find new investment hotspots.

At this time, after the emergence of railway bonds, they were popular with capital.

People don't just worry about bonds not being convertible because they know that railroads make money

It's more about having faith in the company itself.

Everyone knows that although the Daheng Railway Company is nominally a commercial company, it is more like a railway department, and unless the empire falls again, people do not worry at all that the company will not be able to pay its bonds. 、

And even if the Lin dynasty falls, the railway company will not necessarily go bankrupt!

A variety of factors have made the corporate bonds of the railway company very popular, and even some foreign capital has sneaked over to buy the corporate bonds of the Daheng Railway Company.

And the amount of funds collected made Lin Ziran blush!

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