Chapter 341 I can fully invest in the construction
The Eastern Harbor Crossing that Su Cheng mentioned is definitely not as profitable as the Hung Hom Cross Harbor Tunnel. Even making a profit would be pretty good.
The reason why he proposed the construction of the Eastern Harbor Crossing was naturally for his own benefit.
Sioux City has no idea of making a lot of money by collecting tolls on the undersea tunnel.
Because, in Hong Kong, if you want to make a lot of money from the Cross-Harbour Tunnel, the only way is the Hung Hom Cross-Harbour Tunnel.
However, the Hung Hom Cross-Harbour Tunnel has been preempted by the charter boat king.
Su City has now asked Yang Chaoye to start large-scale development in Tseung Kwan O and the Clear Water Bay Peninsula.
If the Eastern Harbor Crossing is built early, it will definitely be of great benefit to Tseung Kwan O and the Clear Water Bay Peninsula.
Therefore, the Eastern Harbor Crossing must be built, and it must be completed as soon as possible, preferably a few years earlier than in previous lives.
In the future, as labor and commodity prices rise, the cost of building the second undersea tunnel will only get higher and higher. Therefore, if it is built as soon as possible, a lot of costs can be saved.
In another world, more than HK$5 billion was invested in the Eastern Harbor Crossing, the second undersea tunnel in Hong Kong, from the start of construction to completion.
This cost is more than ten times that of the Hung Hom Cross Harbor Tunnel.
The difference in construction time between the two is only seventeen years.
"Everyone, your ideas are very good. I will mention these to the Planning Department. As for the final result, the Planning Department needs to study it carefully." Governor Mailihao did not say so clearly. Whose plan do you support? Instead, he said something very official.
"Mr. Governor, if the Planning Department chooses another option, I can fully fund the construction of this tunnel between Cha Kwo Ling in Kwun Tong and Quarry Bay on Hong Kong Island. I only need 30 years Operation rights!" Su Cheng said with a smile.
At the beginning, the Hung Hom Undersea Tunnel was also funded and constructed by the chartering king alone.
"Mr. Su, you are being unreasonable. It is not good to monopolize it. If it is built, I will invest in this second undersea tunnel on behalf of the Swire Group, no matter where the second undersea tunnel is built." Swire Shiyue, the chief executive of the foreign trade company, said directly.
"Yes, it is not kind to be a sole proprietor. I, Jardine, will definitely invest in it. I will have as many shares as Jardine wants!" said Jardine's Taipan Tuibijian quickly.
"Mr. Nie Bijian, your Yihe company doesn't have much cash flow right now. Do you have the money to invest?" the chartering king said with a smile.
The last time the Charter King competed with Jardine for Wharf, it caused the Charter King to bleed a lot. The two are enemies in terms of business competition, so now they naturally want to see Jardine's jokes.
"Mr. Bao, don't worry that we have no money. I can sell the Wharf stocks, and the funds will naturally be looser. Mr. Bao, on the other hand, has already poured all the funds into Wharf. I wonder how much more money you can get out?" Tuibijian replied.
Shen Bi also expressed on behalf of Huifeng Bank that if the Second Undersea Tunnel Company is established, Huifeng Bank will also take a stake.
The construction cost of the Hung Hom Undersea Tunnel of the Charter King was 320 million, and the cost was recovered in just three years.
In the following years, as the traffic volume in Hong Kong increased, the Hung Hom Cross Harbor Tunnel Company made huge profits every year, which was naturally noticed by the big bosses.
So, if they have the chance, they will definitely take part in the second undersea tunnel.
"I will give serious consideration to Mr. Su's opinion. Please rest assured. However, it is not very suitable for sole proprietorship. According to the estimates of our relevant departments, even if construction starts this year and is completed within three or four years, the investment will reach more than one billion." Hong Kong dollars, it would definitely not be appropriate for Mr. Su to bear such a large amount of money personally!" Mai Lihao said with a smile.
In fact, Sioux City is not worried about site selection at all.
The Planning Department must have considered it comprehensively.
In the previous life, the second undersea tunnel was the East Harbor Tunnel, and it must be the same in this world.
It’s just that it may have been pushed forward in the timeline. Moreover, although Su Cheng said that he could be the sole proprietor, he was actually more willing to invest together, because he knew that the second undersea tunnel would not be very profitable.
So, it would be best if other giants come in voluntarily and help him share the capital investment.
Although Su City has no financial pressure now, he cannot invest casually. One billion Hong Kong dollars is not a small amount.
Now that it has this strength, Sioux City will of course push forward the construction of the Eastern Harbor Crossing, because both Tseung Kwan O and the Clear Water Bay Peninsula are important parts of his future plans.
The Eastern Harbor Crossing can bring a lot of benefits to Tseung Kwan O and Clear Water Bay Peninsula. The sooner it is opened, the better.
"Mr. Governor, originally you didn't mention this matter. I am also going to find time to discuss with you the construction of a second undersea tunnel. There are more and more cars in Xiangjiang. Only one undersea tunnel will greatly restrict the overall development of Xiangjiang. , Therefore, I hope this project will be implemented as soon as possible, and it is best to start construction next year!" Su Cheng said directly.
Now, he has the confidence.
He is not only a super rich man in Hong Kong, but also recognized as the richest man in the world.
Constructing an undersea tunnel will only bring benefits to Xiangjiang without any harm. Therefore, if Sioux City requires this project to be implemented as soon as possible, as the governor, MacLehose will also take this matter more seriously.
Otherwise, this matter would have been delayed until seven or eight years later.
"Mr. Su, I very much approve of your plan, and I will fully support your plan!" The chartering king said to Su Cheng with a smile at this time.
"I suddenly felt that Mr. Su's plan was very good. I very much agree with Mr. Su's plan!" At this time, Yihe Taipan Tuibijian gave a rare support to Su Cheng.
Just now, he said he supported Shen Bi's plan, but in the blink of an eye, he started supporting Su Cheng again.
Shi York, the chief executive of Taikoo Mathematics, glanced at Tui Bijian and said in his heart: "Authentic loser!"
Three of the five people now support Su Cheng's plan.
This will naturally make Sioux City's plan more prominent.
“With your support, this project will definitely be implemented as soon as possible, so let’s stop here today. I will go to the airport at four o’clock to receive a foreign guest from a national leader. I will not have dinner with you tonight. "I'm sorry, everyone." Mai Lihao said directly. Now that Mai Lihao knows what these people think, the purpose of calling them here today has been achieved.
Su Cheng looked at the time, and it was only about three o'clock in the afternoon.
It was still early, and I was originally planning to talk to Mailihao about large-scale development.
Although he paid for the development of Tseung Kwan O and Clear Water Bay Peninsula himself, it definitely requires strong support from the government.
But since Mai Lihao was not free today, he was ready to go back.
Just when Su Cheng said goodbye to everyone and was about to return to the Su family villa on Baijiadao, Yihe Taipan Tuan Bijian stopped him.
"Mr. Su, wait a minute, I have something to discuss with you. I wonder if Mr. Su is free?" Tui Bijian pulled Su Cheng's sleeve.
"Since Mr. Nie Bijian has something to do with me now, he is naturally free, so let's find a place to sit down and chat." Su Cheng said with a smile.
He naturally knew the reason why Nui Bijian was looking for him.
In that case, let's talk to him.
(End of this chapter)