Island Tycoon

Chapter 375 Eastern Submarine Tunnel
"Sixth Uncle, do you think highly of me?" Ye Jingcheng stopped seeing Shao Yifu, and changed his everyday address.

"You boy, when I'm an uncle, my eyesight is dim, right? I won't be able to see who you are." Shao Yifu also became casual, and after some accusations, he said, "Tell me your opinion."

"I don't think that place is suitable for building a movie theater. Apart from other things, how much do you think a movie theater can be built with a land area of ​​[-] square feet? Or, Uncle Six, do you have the ability to gather nearby land?"

Ye Jingcheng straightened up, and analyzed for Shao Yifu: "One more thing, in order to develop a wetland park in Kwai Tsing District, the Zhengfu has preserved many original landforms, and there are not many life-related industries in the surrounding area. Some daily problems in the studio How to deal with it?"

"Well, what you said makes sense." Shao Yifu fell into deep thought.

It's not that he couldn't accept this fact, and even expected the result early on, but he couldn't help but have a few flukes.Just like this piece of land, even if there is no way to build a cinema, but opening other projects can always make money, so it’s good to use it to preserve value.

Looking at it now, I still don't have a young man who I can let go of. I really don't know if it's because I'm too old to lose, or because Ye Jingcheng's character is too unreasonable.

The two slowly chatted according to the topic. Apart from the competition in the film industry, the two still have a lot of opinions to exchange, especially if they both set foot in the industry, maybe they can become each other's in-laws. A boost for the future.

Time passed unknowingly, and the results of the first round of public bidding for official land in Zhengfu began to be announced.

The base price of the first piece of official land was 2000 million. Unexpectedly, he died before he was able to leave the school. Chen Dawen, the representative of the Zhengfu, announced the rejection of the bid.It's not that no one bids, it's likely that the price is below the bottom line of the Zhengfu, or the representative company bidding, the potential is not recognized by the Zhengfu.

The reserve price of the second piece of official land was 5000 million, and the winning bid was 3000 million 100 million. The winning bidder, Luo Yingshi, represented the company Great Eagle Land.

After getting this result, Luo Yingshi, Lu Yanjun and others toasted 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 who participated in the bidding for this piece of land, and they got it as they wished.

In other words, it has something to do with their 100 million extra. There was a tycoon who was as strong as Luo Yingshi, and his bid price was an integer of 3000 million. It was precisely because of this 100 million that he lost to Luo Ying. stone.

Luo Yingshi faced the crowd proudly, not forgetting to challenge his competitors.Lu Yanjun even persuaded Ye Jingcheng, who had returned to his seat, that if he had an idea, it would be too late to join now.

Ye Jingcheng smiled, but did not directly answer the question.But the meaning is already obvious, he does not plan to participate in the development plan of this community building.

The base price of the third piece of official land was 8000 million, and the winning bid was 4000 million.The winning bidder was the former quarry king and now the hotel tycoon Lui Che Wo, and the representative company was K. Wah Group.

Ye Jingcheng also participated in the bidding this time, but the price was only 2000 million, which was much lower than the other party's price, let alone comparing the company's qualifications.

The base price of the fourth piece of official land was 1000 million, and the winning bid was 500 million. Li Jiacheng took Cheung Kong as the representative company and won this piece of land as he wished.

The base price of the fifth piece of government land was 500 million. Since the type was also a community building development, there were not a few bidders. The final winning bid was 9000 million. The winning bidder, Feng Jingxi, represented the company as Sun Hung Kai Properties.

……

With this, the first round of bidding for official land in Zhengfu ended.In the second round of bidding, there are several outsourced projects.

The first project is a tourist attraction planned by Diamond Hill. The base price of the bidding is 6000 million, and the overall investment is estimated to reach 14 billion.

The requirement of bidding is that bidders must fully develop the planned tourist attractions in accordance with the requirements of the government, within three years.

In return, the winning bidder and his company will own two hotels and some entertainment facilities in the scenic spot.The value of the direct sale may be less than one billion, but the successful bidder can achieve capital recovery and profit through operation.

The second project is the reclamation project in East Tsim Sha Tsui. The base price of the tender is 6000 million, and the overall investment is estimated to reach 18 billion.In return for the development, the winning bidder and his company can choose a piece of reclamation land free of charge, and the value of this land will not be less than 20 billion.

The last project is the Eastern Submarine Tunnel that Ye Jingcheng is fancying. The base price of the bidding is 2000 million, and the overall investment is estimated to reach 21 billion.

As for the return of the government, it is the 30-year franchise of the Eastern Submarine Tunnel.Ye Jingcheng once calculated this account. The total investment of this project will definitely exceed 21 billion, and it is likely to reach 25 to [-] million.

For businessmen who can't see through the future, the risk is really not ordinary, especially when the Sino-British talks are coming soon.If Hong Kong Island really wants to return to China by then, and the mainland government forcibly withdraws the franchise, then the successful bidder of this project will lose at least ten years of the franchise.

But Ye Jingcheng was not worried about this, except for the situation on Hong Kong Island.In addition, this project hides huge benefits, and it is not the "elderly people" project that Li Jiacheng said.

In the future, maybe even before this undersea tunnel is completed, the MTR will open several MTR stations nearby. The right company not only pays the tunnel toll every six months, but also brings a huge flow of people to settle down, and the traffic naturally develops rapidly.

According to the daily traffic volume of 15, the average price of each car crossing the sea is 45 yuan, which is 350 yuan a day, 6000 million yuan a month, and 72 million yuan a year.Coupled with the MTR's [-] tunnel tolls per year, it is normal for the annual revenue to reach [-] million.

It only takes 15 years for this investment to definitely recoup the capital.It seems that this time is indeed not short, but the daily traffic flow of [-] vehicles is only a conservative estimate, even based on the current situation.

If the traffic flow is doubled, or the price of the tunnel toll is increased, the return of funds will be greatly improved.Even in just a few years, this subsea tunnel can turn from paying back to making a profit.

It is true that this project, which takes several years to pay back, is still not as good as his speculation in futures and the stock market.But his speculation is not based on real skills, but because he knows more information than others and has received a broader education.

What's more, he is not a know-it-all, and he will only choose to make a move when he is sure.When there is no speculative plan on weekdays, isn't his funds no different from putting them in the bank?It would be better to take it out and invest in the real industry, which can also maintain the development of the business.

"This time it's a secret bidding operation, which means that the audit will not consider the company's qualifications, and it's entirely for the highest bidder." After thinking about it, Ye Jingcheng directly added an amount of 2000 million to the bidding document he received, which was more expensive than Li's bid. The evaluation made by Jiacheng's planning team is 4000 million more.

(End of this chapter)