Chapter 3663

However, Su Xinghui said that he only needed to borrow less than 10 billion yuan, so this loan ratio was not high, probably only accounting for 20 percent of the total project funds, while the World Bank's loan could reach up to 50 percent of the total project funds.

Nelson said, "Oh, Mr. Su, tell me in detail."

Su Xinghui said, "For the high-speed railway project, the Ministry of Railways itself will raise at least half of the funds, and for the remaining half, our local government will also raise at least half. Therefore, the World Bank's loan will not actually account for a large proportion. Moreover, this line will be a 'golden line,' which will greatly promote the economy along the line. So you don't need to worry about our repayment ability. Are you satisfied with this explanation?"

The current Ministry of Railways will cooperate with local governments to build high-speed rail, but the bulk of the investment is still paid by the Ministry of Railways. Local governments often only need to be responsible for the demolition and compensation work along the line. This is all because of the local government's urgent demand for developing transportation.

Because the construction funds for high-speed rail are huge, even if it is only a small part of the funds, the local government has to bear an astronomical amount. Many governments in economically underdeveloped areas cannot bear such a large number at all, but they have to grit their teeth and bear it.

In fact, these areas do not meet the conditions for high-speed rail, but they also grit their teeth and go on. After going on, the high-speed rail capacity is surplus, wasting capacity and a large amount of construction funds, eventually causing huge pressure on local finance.

However, the situation in Linshan is different now. After this high-speed rail is successfully built, it will connect Baozhou, Yanzhong, and Linshan. These three places are now the most vibrant places in Yanbei Province's economy. This line is a "golden line," not to mention that this line can lead directly to the capital.

Baozhou doesn't need to be mentioned. Now Baozhou is a city in the top 15 of China's GDP, and its economic vitality can be said to be one of the best cities in the north. Yanzhong has changed its leaders now, "knowing shame and then being brave," and the economic growth rate is obviously accelerating.

And Linshan, after having Su Xinghui, suddenly attracted hundreds of billions of investment. The influx of a large amount of funds will surely make Linshan's economy advance by leaps and bounds in the next few years.

As for the capital, it is the capital of China, so its status doesn't need to be mentioned. If this line is not a "golden line," what counts as a "golden line"?

Such a "golden line" didn't even have an expressway built before, let alone a high-speed railway. It is conceivable that after the expressway and high-speed railway are successfully built, the economic stimulus to the cities along the line will also be huge.

Since the loan amount the World Bank has to bear has shrunk so much, and this line is indeed a "golden line" as Su Xinghui said, then Nelson has nothing to worry about.

Of course, his biggest source of confidence still comes from Su Xinghui. Su Xinghui has a "magic hand that turns stones into gold." No matter where he goes, the economy there will have a sharp increase. This time, Linshan will certainly be no exception.

As soon as Nelson thought of the 30 billion investment already determined in Linshan City, his heart had almost been persuaded by Su Xinghui. However, he naturally couldn't decide just like this. He said, "Mr. Su, what you said is very reasonable. However, I still have to go to the scene to take a look, and then talk to your Yanbei Province officials before I can make a final decision."

Su Xinghui was very happy. He understood Nelson. Since Nelson said so, he was already 70 or 80 percent in agreement. He said, "Mr. Nelson, you are very welcome to be a guest in our Linshan. As for our provincial leaders, I think they are also very willing to meet you."

Nelson was also a vigorous and resolute person. He looked at his schedule and said, "Then I will go to Linshan early next month. Before I go, I will call you."

Su Xinghui was overjoyed: "That's great. I will wait for your arrival in Linshan."

The meeting with Nelson was still very smooth, and Su Xinghui was very satisfied with the effect of this meeting.

The day after meeting Nelson, Su Xinghui met with Minister Shi of the Ministry of Railways. This meeting was not easy to arrange because Minister Shi was very busy now. Generally speaking, even a provincial governor might not necessarily have time to meet him. However, Su Xinghui asked Chu Zheng for help, which made Minister Shi give face.

Because Chu Zheng came from the Ministry of Railways, his old man was a founding father and also an early leader of the Ministry of Railways, and his prestige in the Ministry of Railways was still very high. Even Minister Shi was once an early subordinate of Elder Chu. At that time, Elder Chu didn't even know this little soldier, Minister Shi.

Minister Shi naturally had to give some face to the person introduced by Chu Zheng.

In fact, last time when Baozhou built high-speed rail, Su Xinghui met Minister Shi once. However, that meeting was very hurried. At that time, Baozhou's economy was thriving, and Baozhou was close to the capital, only 80 kilometers away. So Minister Shi didn't say much and directly nodded to build that high-speed rail.

This time it was different. This time the high-speed rail mileage from Linshan to Baozhou was much longer, and the funds needed were much larger. And Linshan was not considered an economically developed area. Whether Minister Shi would agree with Su Xinghui's idea was not certain, because Minister Shi was a very stubborn person and would not easily change his mind.

Su Xinghui met him in Minister Shi's office. Minister Shi was very busy. Before meeting Su Xinghui, he was still signing his name on several documents. While signing, he raised his head and nodded to Su Xinghui.

For Minister Shi, this was considered quite good, because he was a minister, and Su Xinghui was only a mayor, whose rank was much lower than his. He could nod to Su Xinghui, all because he had met Su Xinghui once last time, and had the relationship of Chu Zheng, plus Su Xinghui's background had big shots like Lu Zhenghong and Gu Shanmin, and even vaguely had the shadow of Elder Yu.

Su Xinghui waited very patiently for Minister Shi to finish signing the documents and hand them to his secretary to take out, before smiling and saying to Minister Shi, "Minister Shi, hello!"

Minister Shi also nodded and said, "Hello!"

Su Xinghui handed the project feasibility report in his hand to Minister Shi. Minister Shi flipped through the report casually and threw it on the table. He leaned back in his chair and said to Su Xinghui, "There is nothing to see in this kind of report. I know you want to build a high-speed railway from Linshan to Baozhou. You can start persuading me now. I will give you ten minutes."

Su Xinghui sighed endlessly. This Minister Shi really had a personality. This is probably one of the reasons why his later results were not very good. However, if he didn't have such a personality, he couldn't have achieved such great achievements in high-speed rail.

Minister Shi said ten minutes, so Su Xinghui naturally had to save time. He didn't say polite words and said to Minister Shi, "Minister Shi, I went to Baozhou in 2000. Baozhou's GDP ranking at that time was 9th in Yanbei Province and about 200th in the country. And this year I left Baozhou, and now Baozhou's GDP ranking in the top 15 cities in the country has basically been determined."

Minister Shi naturally understood Su Xinghui's meaning. He meant that he had only been in Baozhou for six years, and Baozhou City's GDP ranking had risen from about 200th in the country to about 15th. Therefore, Linshan's economic development prospects didn't need to be doubted. What made Minister Shi more interested was Su Xinghui's confidence when speaking.

Minister Shi nodded and smiled, "Hmm, interesting."

Su Xinghui said, "I have been in Linshan for more than three months. Currently, the investment agreements signed by Linshan have exceeded 30 billion yuan, and there are even big moves like Hanhai Technology, Xuanwu Technology, Hengxing Microelectronics, and TJD Technology. They are all pillar enterprises that can drive an industrial chain."

Su Xinghui's words moved Minister Shi. It had only been three months, and Linshan had already attracted such huge investment? Minister Shi was busy to the point of being overwhelmed now, and could even be said to be "scorched and rotten." So he didn't have time to pay attention to the situation in Linshan, which had nothing to do with him. Even if Su Xinghui asked Chu Zheng to contact him to meet him, he didn't take it too seriously.

In the final analysis, there were too many local leaders looking for him now, and he couldn't take care of them all. Today he gave Su Xinghui ten minutes, also looking at the face of Elder Chu Zheng and the names behind Su Xinghui. But now Su Xinghui only used two sentences to successfully arouse his interest.

Minister Shi once thought that Su Xinghui's political achievements must have something to do with these people behind him. But now he had changed his mind a bit. Su Xinghui could make such outstanding political achievements wherever he went, so he must have his own merits.

Minister Shi asked, "Is what you said true?"

Su Xinghui came prepared today. He took out some newspapers and periodicals. These newspapers and periodicals published news of Hanhai Technology holding a press conference in Linshan, and news of enterprises like Xuanwu Technology, Hengxing Microelectronics, and TJD Technology investing and building factories in Linshan City.

In these news, the investment amount announced by these enterprises added up to more than 30 billion. This was an astronomical figure. Even Minister Shi, who dealt with hundreds of millions of funds every day, couldn't help but be shocked.

Minister Shi knew that enterprises were the most realistic. Letting them invest such huge real money to build factories could not be explained just by having a good relationship with Su Xinghui. If Su Xinghui couldn't help them make money, they would never be able to invest such huge funds here no matter what.

Minister Shi flipped through these newspapers and periodicals with interest one by one. He flipped for I don't know how long. Su Xinghui said, "Minister Shi, ten minutes are up."

Minister Shi raised his head and smiled, "You kid, ten minutes are up, then you can go."

Su Xinghui also smiled, "Minister Shi, I hope you can give me a little more time. I think I should be able to persuade you."