21st century economic report

21st century economic report Under the PPP mode, the profit of the enterprise changes from the single profit of the original construction to the collection of multiple profit points in the upstream and downstream of the construction, which can not only share the profits of the project investment, operation and other links, but also have higher quality and efficiency than the traditional construction mode. On February 24, China Construction Corporation Limited (601668, SH, hereinafter referred to as CSCEC) announced a number of major project announcements. The projects are divided into two categories: Housing construction and infrastructure, with a contract amount of 26.33 billion yuan. In June this year, the Western China International Expo City project contracted by China Construction Second Engineering Bureau will usher in the first large-scale exhibition——International Furniture Exhibition. One belt, one road, has been built since the completion of the large Expo Center. In many projects acquired by CSCEC, PPP (public private partnership) mode has been adopted, that is, investment and financing drive the general contracting. Enterprise transformation and upgrading, and the construction market into the cold winter period. Since the first half of 2015, the newly started area of housing and the newly signed contract amount of construction industry both showed negative growth for the first time in nearly ten years. At the same time, the pressure of structural adjustment in the construction market is highlighted. One belt, one road, was built in twenty-first Century. , in February 28th, and the two bureau of the economic report in twenty-first Century, was informed that infrastructure construction became an important starting point for the "one belt and one road" landing. The bureau took the opportunity to make efforts in the field of investment and financing. Last year, the operating revenue of investment and financing + infrastructure projects of guangxinan branch reached 3.46 billion yuan, accounting for 28% of the annual revenue. It is also proposed to rely on new business model and investment to obtain projects. How to assemble giant steel frame? There is no pillar to support the whole venue, which is extremely rare in large-scale convention and exhibition centers in China. On February 28, 21st century economic reporter saw such a scene in eight venues of the newly completed Western China International Expo City in Chengdu. In each single floor exhibition hall 15 meters clear height column free space, the black steel structure is like a big net. In Xibo City, with a total construction area of 570000 square meters, equivalent to the area of 80 international football fields, how did the huge steel grid structure with a weight of 1770 tons be lifted into the air? Yu Dehao, chief engineer of Xibo city project, told reporters of the 21st century economic report: "this is the biggest problem in construction. There are many and complex grid structures, especially the curvature of some grids varies greatly, and the highest position is up to 70 meters. As the contractor, the Southwest Branch of China Construction Second Engineering Bureau had two choices at that time: one was hoisting after ground welding, the other was installing in the air. Considering the large amount and difficulty of high-altitude welding, the first one was selected. " He said that after checking the calculation, the company selected four golden section points on the truss as the lifting points, using the hydraulic lifting method, and it took 4 hours to complete the lifting in place. He said that because of the adoption of the new large-span prestressed shuttle truss, the column free design maximizes the space utilization of the venue. Therefore, a large number of steel structures have been used in the first phase of Xibo city. The total steel consumption of 160000 tons has exceeded that of 110000 tons of National Stadium "bird's nest" and 120000 tons of steel for CCTV new building. The project has won the highest award of China steel structure industry Gold Award. In addition to the ingenuity of the craftsman, to support this pair of huge steel frame is inseparable from the innovation of Chinese construction investment and financing mode. Xibo City, undertaken by Southwest Company of China Construction Second Engineering Bureau, is a major project in Tianfu new area, a national new area, with a total investment of about 12 billion yuan, half of which is construction and installation engineering investment. Where does the money come from? Unlike traditional project construction, CSCEC and its partner, CITIC Group, have formed a consortium bidding. According to local media reports, as early as January 2015, it was led by CITIC GroupFirst, it is the opening work of Sichuan Province's Tianfu New Area's financing construction - Xibo city's initial financing amount is 6 billion yuan. According to people familiar with the matter, in fact, CITIC Group has joined forces with CSCEC, financial institutions and operators to become a consortium to bid and win the bid. "In a consortium, there is demand from all parties, such as the government needs projects, and banks need good loans to earn income." The people familiar with the matter said. According to the person in charge of the Southwest Branch of China Construction Second Engineering Bureau, the company's financing part has both its own funds and bank loans, which ultimately drives the general contracting with investment and financing. At present, the land transfer fee obtained by the project is specially used for the construction of the project, and is being paid to the general contractor, China Construction Second Bureau, through CITIC Group. In fact, this is not the first PPP investment project won by China Construction Second Engineering Bureau. Previously, the total cost of PPP project for the development, construction and operation of Shenzhen Shantou Special Cooperation Zone Information Technology City was 1.611 billion yuan. The project adopts PPP + EPC cooperation mode, with construction period of 3 years and operation period of 7 years. In recent years, PPP mode is popular. PPP franchise mode has become the key factor and main profit source for the business of international well-known large contractors such as Florio and Wanxi. "Under the PPP mode, the profit of the enterprise has changed from the single profit of the original construction to the collection of multiple profit points in the upstream and downstream of the construction, which can not only share the profits of the project investment, operation and other links, but also its quality and efficiency can be higher than that of the traditional construction mode, and make profitsMore sustainable and stable is also an important way for central enterprises to improve their profitability. " Some people in the industry said. But in China, due to the high financing pressure and operational risk, some construction enterprises can not meet the requirements of the government, resulting in the loss of money. In this regard, according to the project leader, CSCEC's investment platform has strict requirements for this: infrastructure projects are only discussed with the local government whose budget revenue exceeds 6 billion yuan a year, and those with project investment less than 1 billion yuan are not included in the PPP model. According to the 21st century economic report, in order to control the risks, some private enterprises planned to invest 20 billion yuan in railway projects. However, due to the decentralization of operation authority, CSCEC finally gave up bidding in the form of investment and financing. Similarly, after calculation, it is difficult for the financial revenue budget of some district and county governments to realize the repayment commitment, and CSCEC also gives up the municipal road construction planned to adopt PPP mode. Wang Weimin, deputy secretary of the Party committee of the Southwest Company of China Construction Second Bureau, said in an interview with the reporter of the 21st century economic report, In PPP mode, as a social capital, construction enterprises should participate in the whole process of project planning and design, investment and financing, project construction and operation management and other project life cycle management, so as to change the enterprise from a single construction contractor to an investor and other multiple roles, so as to realize transformation and upgrading. At the same time, he said frankly that talent is the most difficult part in the transformation of enterprises. As an enterprise starting from housing construction, its subsidiaries generally lack investment and financing and infrastructure professionals, which makes the later operation more challenging. At present, the company is adopting trainingAnd internal adjustment to make up for the gap. used one belt, one road business opportunity one belt, one road, , during 13th Five-Year, the central government proposed to realize the three key points of China's regional economic layout: three strategies for promoting the coordinated development of Beijing, Tianjin and Hebei and the Yangtze River economic belt construction. "In the process of transformation and upgrading, construction enterprises must start from reality and adjust the industrial structure in combination with the situation and market changes." Wang Weimin said. Since 2015, the construction area of Southwest Branch of China Construction Second Engineering Bureau has expanded from the original Sichuan, Chongqing, Hunan, Yunnan, Guizhou and other places, and opened branches. One belt, one road, one belt, one road, was built in the next two years. is one of the ten major regional platforms to promote China's "one belt and one road" implementation. CSCEC has also invested the largest single project in Yunnan Province, with a total investment of 28.7 billion yuan. It is also the first national highway project operated by Yunnan provincial government in PPP mode. China's one belt, one road construction, also provides huge market opportunities for Chinese architecture to expand its overseas business, according to 's twenty-first Century economic report. At present, CSCEC has set up 9 marketing centers and 30 country groups, initially formed a marketing network covering key and hot markets in Africa, ASEAN and its surrounding areas, Central Asia, central and Eastern Europe, and Latin America, and established a mechanism to collect project information and respond quickly following the overseas investment of Chinese funds.   (Editor: Jia Honghui, email: jiahh@21jingji.com ) Enter Sina Financial stock bar to discuss in the discussion

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