Although there is already a successful template for the Beijing-Tianjin-Tangzhou Expressway, it is naturally different to change a place, and this time, it needs to span several large cities, and how to go through the route will involve great interests, and it is estimated that it is impossible to determine it in a short time.

Chen Zhiwen is naturally not in a hurry, the biggest problem with these highways is actually confidence, with confidence, and then go to the bank for a loan, whether it is domestic or foreign, after all, one side is the mainland government and the other is himself, few banks will not be willing to cooperate.

"Chen Sheng, before you said that Hisense Bank can lend to domestic projects, I don't know if you can apply for projects in some cities." Director Pan waited for a while, then said suddenly.

"Of course, we can discuss, but I don't know what kind of project it is." Chen Zhiwen asked. If it is a large number of commercial real estate, it must be profitable, in Shanghai, such an investment does not have the possibility of loss, especially after the 90s, even if there is an unfinished building now, it can become a sweet spot in the future.

"It's a project on urban construction." Director Pan said: "Chen Sheng, I think you have also been to many places in Shanghai, what do you think of some inland rivers in Shanghai?" ”

"Inland river? Not very clean. Chen Zhiwen glanced at Director Pan, understood a little, and asked, "What do you mean, the funds for the management of the river?" ”

"Yes, many inland rivers in Shanghai have reached the point where they urgently need to be governed, not only affecting the image of the city, but also endangering the health of many people. Director Pan said.

"And how much money do you need?" Chen Zhiwen asked again.

In later generations, Shanghai can be said to be a beautiful environment and green everywhere, but in the 80s, it was not really the case, on the contrary, Shanghai was one of the worst places in the country.

Since ancient times, Shanghai is one of the most concentrated places in the interior of the industry, even in the fifties and sixties, and the northeast side of the industrial center is different, the industry in Shanghai is very concentrated, and the industry will inevitably have a lot of pollution, the solid can also be transported away, the gaseous state is directly discharged into the atmosphere, but the liquid state, can only be discharged into the river.

From the edge of Jiangsu Province to the west of Shanghai, a large amount of industrial wastewater is discharged into the ditch, and finally collected on the Yangtze River.

"The initial plan is to spend $200 million to clean up a lot of rivers that have direct contact with a large number of people." "Actually, we are also working with the World Bank, but they are slow and have a lot of requirements," Mr. Pan said. ”

"It's okay to take out a loan, but what is the collateral? With such a large sum of money, you always need collateral, right? Chen Zhiwen said.

Previous cooperation with China,Although Hisense and even its own industrial companies have also participated in loans or loans,But there is an actual mortgage,Even if it is some factories that supply AMC,The collateral is actually a contract between AMC and them,In international trade,It is also very common to use the purchase contract of a large company as collateral。

"We've talked to the World Bank and Japanese banks before, and they can accept our city government borrowing in the form of bonds, which means that we will use fiscal revenue as collateral in the future." Director Pan paused and said, "I heard that your Hisense Bank also lent money to Shenhai City last year, and the collateral in it is also the financial income of Shenhai City, which is all the same. ”

"It's not impossible to mortgage financial revenue, but this is a loan without collateral, plus the purpose of your loan funds is not a commercial purpose, according to the rules of Hong Kong banks, the interest will not be low." Chen Zhiwen paused and said.

Last year, Shenhai City borrowed HK$500 million from Hisense Bank after communicating with Hisense Bank because it needed additional funds to renovate a large flat land to accommodate expanding industrial demand. The guarantee is the deep sea market itself, which in the eyes of the banking industry, the risk is a little, no matter how good the confidence, it still can't compare to the real actual collateral.

Of course, with Chen Zhiwen's prophetic ability, there is definitely no risk, but he will not take the initiative to stand up and speak for Shenhai City, thereby reducing the profits of his bank.

The same is true of the current Shanghai market, of course he knows that there is no risk, but from the business perspective of any other person, he can do what he wants, and his prophetic golden finger is not for others to be used, even in the mainland, unless it is a special situation, such as saving people, helping a large number of people out of poverty, and so on.

"How tall would it normally be?" Director Pan asked, in fact, as long as the financial collateral, Shanghai is not worried about not being able to get loans, but the World Bank or Japanese banks will put forward a lot of requirements that have nothing to do with loans, which is very unlikeable, in fact, not only this project in Shanghai, but also other cities, including Baosteel on its own territory, whether it is itself or loans, has been pitted a lot by small Japan.

"Generally, the interest rate is 2% higher than that of a normal loan." Chen Zhiwen said.

"2 into?" Director Pan thought for a while and asked, "What if we have the right collateral?" ”

"What kind of collateral? As far as I know, commercial transactions are still not allowed on land in other cities in China except for Shenhai City, right? There's no deal, there's no value. Chen Zhiwen asked.

Although it is currently possible to acquire land in the interior beyond the deep sea by investing in factories, hotels, or specially negotiated projects, these are not tradable and can only be used for designated purposes, so there is no value, but according to the current law.

"That's the case, we have a very special idea here, Chen Sheng can listen to it, if it is feasible, then it is naturally good, if it is not feasible, then say something else." Director Pan said.

"Please." Chen Zhiwen asked curiously.

"I heard that Chen Sheng's subsidiary, Hongkong Land, is seeking to invest in a five-star hotel chain in China?" Director Pan asked.

"Yes, there is." Chen Zhiwen nodded and said that Hongkong Land has a Mandarin Oriental Hotel, which is the only local hotel chain brand in Hong Kong, and several other hotels, such as large hotels, are just a separate hotel.

In today's era of rampant international hotels, it is almost impossible for a rising brand to rise against the trend, and Jardine Matheson Group has only expanded the Mandarin Oriental Hotel to Macau, and then it will not expand outward, because even if it costs a lot of money to go out, the time, energy and funds spent, I am afraid it is impossible to get it back, this is definitely not a lack of ability, that is, today's Chen Zhiwen, is also a tacit acquiescence of this attitude, and it is too difficult to compete with Intercontinental and Hilton that have been operating for decades overseas.

However, China is a blank blue ocean market, and considering that the land price here is very cheap, the Mandarin Oriental Hotel has also ushered in the opportunity to counterattack, as long as the early large-scale construction of hotels in China, it will inevitably obtain a very large market, and at the same time, it can also win a large area of high-quality location, because in this era, foreign and domestic capital can not buy land.

"Chen Sheng, you just said that Shanghai used to be an international city, and now, there are many overseas tourists who come to Shanghai, and even more and more domestic tourists, they also need good hotels, so we sincerely invite you to come and invest in hotels, in terms of quantity, you have decided that Shanghai is so big, I think it is enough for you to build several hotels." Director Pan said with a smile.

"Oh, any number of hotels? I'm afraid this will require you to pay a lot of money, right? Chen Zhiwen asked.

"No, our municipal party committee has discussed, you can learn the model of Red Bull Food Factory in Shanghai, as long as you promise that the profits within ten years will not be transferred to foreign exchange and leave, and then choose Shanghai, then we can promise to let you build a five-star hotel with sole proprietorship." Director Pan said with a smile.

"Sole proprietorship?" Chen Zhiwen's heart moved, this was really a policy that made him very tempted.

The large-scale construction of the Mandarin Oriental Hotel in the mainland is an important step in Chen Zhiwen's planning, because he can take advantage of the hotel to invest in the domestic real estate industry first, and in this era, there is a general shortage of hotels in China, basically less than ten years can earn back with interest, and you can also rely on chain hotels, in each big city to nail a nail first, and after the capital market is relatively free, you can take this as the core and expand outward.

But the problem is that Chen Zhiwen can mobilize a large amount of funds on his side, or use financial leverage to the extreme through bank loans, but not on the mainland side, because the demand for five-star hotels in the mainland is very high, and it is also a rare infrastructure industry that foreign capital can invest in, but it must be a joint venture, which means that while investing himself, he also needs the mainland to spend the same amount of money.

This is the most troublesome thing, otherwise, Hongkong Land will choose a good location in the city in China, and direct investment will be on the line, and the reality is that many places are more ridiculous on the issue of investment, and at present, Hongkong Land has also set a location in Yuezhou City, and other places have not yet been negotiated, probably because Hongkong Land wants to build a little bigger, but the total investment is high.

"Yes, sole proprietorship, as long as the foreign exchange balance is maintained, then here in Shanghai, you can build as many hotels as you want." Director Pan said with a smile.

"So, Shanghai City has relaxed the restrictions on five-star hotel joint ventures, so that Hongkong Land can invest in a large number of hotels here, and the requirement is that Hisense lend 200 million US dollars to Shanghai City?" Chen Zhiwen nodded and said.

I have to say that this is a good idea for Shanghai City, first of all, the inland river of a big city, must also be the most important problem, urgently need to deal with, therefore, funds are necessary, in overseas banks put forward a variety of excessive requirements at the same time, to find a Hong Kong bank is indeed much simpler, but the whole Hong Kong, can easily come up with 200 million US dollars is not much. HSBC can, but behind HSBC, there may also be ghosts. Even if it doesn't, it's going to be a high price.

And out of the international demand, the demand for five-star hotels in Shanghai is also very high, but whether it is to build or attract foreign investment, which requires Shanghai to pay a lot of money, which is too much financial pressure, even if the future hotel can make money, but that is also a matter of the future, can not solve the current problem, even if there is a financial way to transfer the future funds to the present, but the risk is also high, and it is not in line with the current domestic economic development model.

As long as the "joint venture" requirement is abandoned, then a large amount of foreign capital can be introduced to invest in a small number of hotels, and a large number of jobs can be created, and this can be used as a condition to get a loan with no additional conditions and normal interest, which can completely solve the financial problems of Shanghai in these two things, and even a large number of hotel investment, but also bring a lot of financial income, after all, when building a hotel, you may not have to pay taxes, but a large number of infrastructure orders, or can stimulate many related enterprises.

"That's pretty much what it means, we also know that Chen Sheng is very interested in investing in infrastructure in China, and highways must be joint ventures, which is the policy of the Central Ministry of Communications, and we can't change it, but in terms of hotels, we still have autonomy in Shanghai." Director Pan smiled and said, "This is a win-win situation for both of us. ”

"It's a win-win, well, I agree in principle to this matter." Chen Zhiwen nodded and said.

In fact, there is no risk in giving a loan to Shanghai City, but Chen Zhiwen will not be very active at will, because this does not conform to normal business logic, as long as Shanghai Market comes up with appropriate conditions or other concessions, then he will almost agree.

It's just that he didn't expect that Shanghai City actually gave this condition, so that his five-star hotel can be wholly owned, so the maneuverable space for this matter will be greater.

You must know that the nature of land in the mainland in later generations is mainly industrial, residential and commercial, of which commerce includes office buildings and hotels, that is to say, an office building can be converted into a hotel, and there is no need to go through any change procedures, just talk to the government.

Therefore, now you can build a wholly-owned hotel freely, which is equivalent to building an office building in Shanghai, although it is also possible in another five or six years, but in five or six years, you can take a large number of high-quality positions first.

Of course, there are differences, office buildings can find a piece of land to build a large group, hotels are the opposite, each must be far away from each other, but Shanghai is so big, even if a distance between the construction of a building, in the current several prosperous areas can also build a lot, this is equivalent to, in the fifties and sixties of Hong Kong, in advance in Central, Tsim Sha Tsui, Causeway Bay and other places to build large-scale buildings. (End of chapter)