As soon as the ten-year plan began, the Bulgarian government was busy again, the big outline plan had been decided, and there were still a bunch of sub-projects in it, which needed to be discussed and discussed, and the project that needed to be approved.

Now the cabinet is most worried about the highway construction bidding meeting, which involves tens of billions of leva of capital investment, and the world's strength to participate in the bidding is in the single digits, if no one comes, it will be embarrassing.

Konstantin asked with concern: "How is it, how many consortia have signed up?" ”

Transport Minister Beshir Ivanov thought for a moment and said: "Until now, there are only two consortia that have signed up!" ”

Hearing this result, Konstantin breathed a sigh of relief, as long as someone signed up. This kind of long-term investment, there are few people who have the strength to invest.

After all, after more than ten years of pure investment, there is no hope of recovering the capital in the next twenty or thirty years, and the capitalists are all profit-seeking, how can they flock to it?

Konstantin asked, "Which two consortia?" ”

Beshir Ivanov shook his head and said: "It's not an international consortium, both of them are temporary groups of our domestic capitalists, led by the Union Bank and the Royal Bank, and they came forward to pull up a group of people and are ready to participate in this bidding!" ”

Hearing that it was a group of domestic capitalists, Konstantin could basically guess the result, except for these two banks, other capitalists did not have this appeal at all, let alone this financial resources!

Although the National Bank of China also claims to be one of the three major banks in China, it is a pity that these two banks have been left far behind when it comes to financial strength.

Even if the government puts all its financial funds in the national bank, it still cannot reverse the current situation of their weak ability to absorb deposits.

The Royal Bank absorbed a large number of deposits from peasants, aristocrats and some workers and capitalists, and the Union Bank absorbed most of the deposits of capitalists and workers, and the position of the state was somewhat ambiguous.

At the beginning, because of the service attitude, it was surpassed by the two new private banks, and although the service was improved, it did not have much effect!

This advantage is even more obvious after the two major banks have obtained the right to issue notes, although the National Bank has the endorsement of the government, but the two major banks also have hundreds of tons of gold placed there as a deposit, and the safety is beyond doubt.

Prior to this, the government had not asked the National Bank to take the lead in forming a joint company to bid for the bid, but unfortunately the investment amount was too large and the rate of return was too low, and few people were willing to participate, and the management of the National Bank was also very resistant to this investment.

This cannot be said that they were wrong, after all, purely from the point of view of return on investment, it is difficult for this project to make a profit, and even if it can make money, it will be thirty or fifty years later.

Konstantin asked with concern: "What are the companies involved in the country?" ”

Beshear thought for a moment and said: "Basically, they are all domestic oil companies and automobile manufacturers, as well as related industries in these fields, and I have already read the bidding reports submitted by them."

They hope to expand the market and increase the profits of enterprises by improving transportation, and they are not very concerned about whether the road itself can be profitable.

Judging from their plan, their expectations for this project are very low, and they plan to achieve capital preservation within 20 years and return on investment within 50 years! ”

Konstantin rubbed his forehead and said, "Our road project can't be so bad, right?" Will it take 50 years to recoup the cost? ”

Beshir shook his head and said, "I don't know! Theoretically speaking, in ten years, the maximum number of motor vehicles in our country can reach 10 million, of which the number of cars can reach two to three million.

Considering that the government wants to protect agricultural production and the daily life of residents, then the fuel price of agricultural vehicles, trucks, and public transportation vehicles will be limited, and it is almost impossible for them to make money from these two or three million cars!

Even if the annual fuel cost of each car is as high as 2,000 leva, they have half of the windfall profits, and only two or three billion leva gross profit, after deducting the maintenance cost of the road, the operating cost of the gas station, and the interest cost of the capital, they are still in a state of loss! ”

Konstantin didn't speak anymore, if that's the case, it is estimated that only these companies that directly benefit will come to invest, after all, once the road is built, their market will expand several times, even if this investment is not profitable, but in other areas can be profitable.

Time flew by, and on December 12, 1921, the bidding meeting organized by the Ministry of Communications was grandly opened, and hundreds of domestic and foreign media gathered together.

This bid is extraordinary, claiming to be a "million kilometers of road" bid!

That's right, according to the plan of the Bulgarian government, within ten years, the total length of roads in Bulgaria will exceed 1 million square kilometers, including 50,000 kilometers of highways, 150,000 kilometers of secondary roads, and the rest are rural roads.

At present, the total length of roads in Bulgaria is only more than 300,000 kilometers, and most of these roads are dirt roads, and there are only more than 10,000 kilometers of highways, which need to be extensively renovated.

This means that in the future, Bulgaria will start to blow up highways at a rate of 70,000 kilometers per year, and once this plan is completed, the total number of roads in Bulgaria in ten years will exceed that of the entire European continent today.

The world's media are all looking at this place, and they are waiting to see the outcome of this bid, which if successful, is expected to have a direct impact on the next national transportation policies.

After all, the highway is not as good as the railway, except for special sections, most areas do not have great requirements for construction technology, even if it is the current highway, there is no such high standard as the later generations, and the construction difficulty is not great.

If the government can use the wealth of the capitalists to improve the road system of the whole country without investing a penny, but just by giving out land and policies, it is estimated that all governments will be happy to follow suit!

Out of the importance of this bidding meeting, the Minister of Transport Beshir Ivanov personally presided over the meeting, the threshold of this bidding meeting is very high, the first to pay two billion leva of bid deposit, which eliminated the vast majority of investors who do not have strength.

If you don't really want to win the bid, it is estimated that no one will joke about two billion leva, although it is to be refunded after the bidding is over, and this cost of funds is also very high.

Of course, banks are very advantageous in this regard, such as the Royal Bank and the Union Bank, just write a check directly, and the Ministry of Transportation does not need to accept cash!

Foreign consortia are very hurt, and they have to bring the funds over, and such a large amount of money must first be exchanged internationally, and the time cost alone is unacceptable.

Chancellor of the Exchequer Kennedy brought bad news: "Things are not good for Bershear, the three British consortiums that signed up in advance, and the two French consortiums announced their withdrawal from this bid, and now there are only two bidding companies left!" ”

Transport Minister Beshir Ivanov said incredulously: "What? How could they suddenly quit? Don't they all want the bid deposit? ”

Kennedy said with a pale face: "Until now, our Ministry of Finance has not received a deposit from them, and when they signed up, they asked for a postponement of the deposit on the grounds of international exchange, and we agreed to it considering their strength."

We learned from the bank that these consortiums did have exchange business with them, but yesterday they suddenly canceled the bidding plan! ”

Beshir's face suddenly gloomy, as long as the two companies participated in the bidding, this bidding activity would undoubtedly make the Bulgarian government lose face.

……

On the other hand, the Dogore Transportation Company is rejoicing, yes, they are the bidding company temporarily formed by the British Rothschild consortium, and the company's senior executives are all senior executives of the consortium.

Three days ago, they completed a comprehensive survey of the planned route of the Bulgarian highway, which was not a survey, but only a preliminary assessment of the terrain, the difficulty of construction, and the estimation of the construction cost.

Then combined with the economic development of Bulgaria, a comprehensive assessment was conducted, and finally everyone came to a conclusion that this is a huge pit!

The information released by the Bulgarian government is not lying, but it ignores a lot of things.

For example, in Asia Minor, Syria, Iraq and other regions, many areas are now no-man's land, and all the procurement of materials and transportation will cost a lot of money, and this alone will increase the cost of billions of leva.

There are also certain areas with harsh geological conditions and harsh climatic conditions, which are ignored by the government when assessing. The pavement in these areas is certainly not good according to ordinary construction methods, and special treatment is required, and it is still unknown how much these problems will increase the cost.

In the end, the construction cost given by the experts of the Dogore company was not more than 60 billion leva estimated by the Bulgarian government, but turned into a huge amount of nearly 100 billion leva.

As for the assessment of Bulgaria's economic development, everyone has come up with similar data, the same income data, different cost forecasts, and the final conclusion is naturally different!

After a comprehensive evaluation, Ferdinand's consortium finally believes that it will be able to recover its costs within 50 years at the latest, and the most optimistic estimate is that it will be able to recover its costs in 35 years, and with the benefits in other areas, the business can be done.

And the Rothschild consortium came to the conclusion that it was a huge loss, increasing the construction cost by two-thirds, and the interest cost of the capital alone could not be recovered, and once it fell into it, it would never be able to get up again!

Several other consortia have come to a similar conclusion, presumably they are now watching jokes to see which fool will jump into the pit!

As a land-header, no one knew better than Ferdinand about the state of road planning in Bulgaria. The main cost of building roads is labor, sand, cement, and some areas need to build bridges and steel, and earthwork can be ignored, and the Bulgarian government will designate a soil site for free.

If it is an outsider, of course, raw materials can only be purchased at market prices, as a monopoly consortium, these raw materials, machinery and equipment are produced by themselves, it is nothing more than a matter of left hand to right hand.

If you lose money on highway projects and make money on other projects, you can also use this list of losses to show the people that they are selling miserably, and that the price of oil can be raised reasonably and legally.

Even in terms of manpower, there are very obvious advantages, it is a big deal to cooperate with the military, let them be responsible for hiring a part of the cheap labor, do not doubt their influence, and do not need Ferdinand to play, the people below can easily handle it.

These favorable conditions are taken into account, and the increased costs are offset. With the advantage of local banks alone, the cost of international exchange is one or two points lower than that of foreign capital, which is one or two billion leva.

In the future, as long as the gas station project can afford to pay the bank interest, Ferdinand is already making money, and ordinary people don't know that the project has already made a profit!

……

No matter how many people participate in the bidding, it has come to this point anyway, even if there is only one bidding unit, the bid must be opened, and the government's credibility cannot be lost in any case!

Considering the large number of media members, the bidding site was held in the hall of the National Assembly, and although there were fewer bidding companies, the number of people present was quite large.

The two bidders tacitly brought a large group of people, the major media were taking pictures frantically, and some people wanted to come forward for an interview, but they were stopped by the security personnel.

Minister of Transport Beshir Ivanov stepped onto the rostrum and said directly: "There are a total of seven applicants for this Bulgarian highway construction bid, and only two have submitted bid deposits, and the other five have chosen to give up.

Now that they have given up, we will leave them alone, and now the two companies participating in the bidding are: Bulgarian Roads Group Company and Bulgarian Road Construction Company Company.

The project includes 700,000 kilometers of new road construction projects, and 300,000 kilometers of road repair and renovation projects, the specific detailed list has been sent to the two representatives, and the Bulgarian government has also made a public announcement, and it is believed that the two bidding companies have carried out detailed studies.

Now that the bidding meeting has begun, due to the lack of three bidding companies, according to the Bulgarian bidding law, this bidding will be changed to a commercial negotiation mode of bidding, but the requirements that have been announced by the government will not change.

Do you have any objections to the representatives of the two companies? ”

"Nope!"

"Nope!"

Besil has breathed a sigh of relief in his heart, there is no best, what he is most afraid of is that now these two companies have also withdrawn, then the Bulgarian government's bidding campaign will fail!

"That is now entering the formal bidding stage, after the Bulgarian government organized experts to conduct in-depth field surveys, the total mileage of the highway project construction is 1,003,400 kilometers, and the total investment in the construction is 62.618 billion leva.

The details have been listed in the list, do you have any comments? ”

I saw Howell, the representative of the Bulgarian Road Group Company, said: "Our company believes that the list provided by the government is not accurate enough, and there is a discrepancy with the results of our on-site survey. ”

Without waiting for Beshir to speak, Smith, the representative of the Bulgarian Highway Construction Group Company, also said: "Agreed, our company also has the same question, here is the information of our engineer's on-site investigation, please consider the expert group!" ”

Besil-Ivanov knew that the trouble was too big, and that the Bulgarian government would be fully responsible for the serious non-conformity of the tender list with the actual situation on the spot. Even if these two companies withdraw from this bid on this ground, it is reasonable and legal!

However, Beshir still did not change his face and said: "The proposal is valid, and the expert group will deliberate on the spot!" ”

Due to too much information, the expert group could only look at a rough idea, but at the beginning, everyone's faces were gloomy, and the total cost given by the two companies was far from the total cost announced by the government.

They don't think that these data are fake, and they will know the results by organizing field surveys later, and these natural factors such as topography, landform, and climatic conditions cannot be faked!

More than two hours passed, the expert group exchanged opinions, and the chief expert Lancelot said: "Because the gap between the data provided by the tenderer and the bidder is too large, it needs to be determined by field survey!"

At present, the total project cost given by the Bulgarian Road Group Company is 126.284 billion leva, the total project cost given by the Bulgarian Highway Construction Group is 126.328 billion leva, and the project cost given by the Ministry of Communications is 62.618 billion leva.

The cost budget gap between the two sides is too large, and the project cost needs to be re-approved after on-site survey. However, this tender is different from the past, and the bidder needs to bear the full investment and realize the return on investment in the model of a gas station.

The results of this accounting, does not affect the results of the final bidding, the two bidders can still continue to bid, can also choose to give up, if the final determination of the data you provide is true and valid, you can submit an administrative claim to the Ministry of Communications! ”

Obviously, this is what Ferdinand learned from later generations, deliberately making the cost bigger, like this kind of project where the bidder fully invests and is self-financed, everyone is not too strict about the amount of investment.

The advantage is that on the surface, the cost will not be recovered for a long time in the future, and the loss-making project will naturally not cause people's eyes to blush.

If profits are realized soon, and they are still profiteering, then the investors who undertake the construction will soon become the target of public criticism, especially for projects involving the national economy and people's livelihood.

In order to avoid these unnecessary troubles, Ferdinand was ready to make an astronomical investment at the beginning, and it was very simple to control this.

For example, rising labor costs, rising material costs, rising interest costs, rising transportation costs, and poor geological conditions have increased costs......

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