eurekapd Chapter 476 The Astonishing Progress of Township and Village Enterprise Reform
Chapter 476 The Astonishing Progress of Township and Village Enterprise Reform
Chapter 476 Untitled Draft
After the loan was secured, Qi Tongwei personally visited the city, province, and national land departments to obtain a land quota for 1 mu of commercial and residential land.
However, Xichun County will not have any land use quotas for the next two or three years.
Unless it is a key national project.
After all, Xichun County had already obtained 1.5 mu of industrial land quota.
In addition, the land for the resettlement villages, water supply, electricity, and the primary six-lane main road surrounding the industrial park is nearly 3 mu.
With the land use quota in hand, Qi Tongwei immediately ordered the city investment company to acquire 1 mu of land at 3 yuan per mu, for a total of 3 million yuan.
Then, 4000 mu of it was mortgaged to five banks in the county.
After acquiring the land, the city investment company still had 2.34 million yuan in its account.
The cost of "three connections and one leveling" (water, electricity, road access, and land leveling) is 2 yuan per mu, which is just enough to complete the "three connections and one leveling" for 1 mu of land.
However, Qi Tongwei did not do that.
After all, doing so would use up the funds all at once, which would affect the construction of affordable housing, commercial housing, and public buildings.
The development of the new town mainly involves public facilities.
With public buildings, life becomes more convenient for residents of the new town.
When residents' lives are more convenient, more people will be attracted, allowing the new city to develop rapidly.
According to the plan, the public facilities to be built first include a top-tier hospital, a disease control center, a complete middle school, a complete primary school, three kindergartens, two farmers' markets, a passenger station, a community service center, a bus station, a large park, and a stadium.
These all require a lot of money.
After all, you can't just build houses; you also need to buy equipment.
This includes medical equipment in hospitals and disease control centers, buses at passenger stations, and public buses from bus companies.
These things are very expensive.
The combined cost of several public buildings may be two to three hundred million.
Therefore, the 2.34 million yuan in the city investment company's account is not only used for some of the site preparation (water, electricity, road access, and land leveling), but also for the construction of affordable housing, commercial housing, and public buildings.
The funds should be balanced as much as possible.
Fortunately, the county finance department can inject a large sum of money into the urban investment company or buy these public buildings from the urban investment company, so there is no need to worry about insufficient funds later.
The total area for affordable housing, commercial housing, and public buildings is approximately 2000 mu, and another 1000 mu will be allocated to the market in batches.
Therefore, the initial site preparation (water, electricity, road access, and land leveling) was only carried out on 3000 mu (approximately 200 hectares), costing 60 million yuan.
Thus, the city investment company still has 1.704 million yuan left for construction.
Land supplied to the market should be sold in batches to maximize profits, allowing urban investment companies to quickly recover funds for further development.
After all, a modern city needs to develop and build many areas.
Meanwhile, in another location, Guo Hongguang, having received clear instructions from Liao Changyong, swiftly and decisively launched his operation.
In no time, numerous business owners eager to invest in or acquire township enterprises flocked to Guo Hongguang. They actively contacted him and frequently invited him to dinner, taking the opportunity to express their sincerity and present him with a carefully prepared gift.
Faced with such a enthusiastic scene, Guo Hongguang remained remarkably calm. He accepted all the benefits offered, and then readily agreed to their requests—allowing them to participate in the township enterprise or to directly buy out the entire township enterprise.
Considering that labor and material prices were low in the west at that time but transportation costs were high, and that most of the projects were fully funded by the government, the estimated range can be widened to around 5,000-6,000 million yuan (price level in 1996).