The hottest Hong Kong Zhuhai Macao Bridge restruct

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Hong Kong Zhuhai Macao Bridge restructures Guangdong Hong Kong cooperation

Introduction: on August 5, after the Hong Kong Government House, the Guangdong Hong Kong cooperation joint meeting was upgraded and the closer economic partnership arrangement was signed, the sixth joint meeting of the Guangdong Hong Kong high level was held here for the first time. The two sides were led by the Guangdong Provincial Governor Huang Huahua and the Chief Executive Tung Chee Hwa delegation, attended by more than 100 officials, the size of

on August 5, after the upgrading of the Guangdong Hong Kong cooperation joint meeting and the signing of the Closer Economic Partnership Arrangement at the Hong Kong Government House, the sixth joint meeting of the Guangdong Hong Kong high level was held here for the first time. The delegations of the two sides, led by Huang Huahua, governor of Guangdong Province, and Tung Chee Hwa, chief executive of Guangdong Province, were attended by more than 100 officials, a scale rarely seen in exchanges between the two places over the years. In this meeting, the professional laboratory machine has been recognized and supported by the majority of users for more than 10 years. The two sides reached a consensus on their respective strategic positioning for the first time? Among the many outcomes of the conference, the Hong Kong Zhuhai Macao Bridge project still attracts the most attention from all walks of life

the new rose garden in the Greater Pearl River Delta

At the joint meeting after the meeting, Tung Chee Hwa officially announced that the State Council had agreed to start the preliminary work of the Hong Kong Zhuhai Macao Bridge plan, and Guangdong, Hong Kong and Macao would set up a "Coordination Group for the preliminary work of the Hong Kong Zhuhai Macao Bridge", with Hong Kong acting as the convener to conduct specific research on the specific issues of the bridge, such as economic benefits, routing, environmental protection, etc. after the completion of the report, it would be submitted to the national development and Reform Commission for project approval, and the first meeting of the group would be held in Hong Kong on the 30th of this month. Tung Chee Hwa revealed that the bridge project is likely to be subject to international bidding and will be built in the mode of "bot" (i.e. construction, operation and transfer)

so far, this large-scale cross-border project, which has been discussed for more than ten years, has finally shifted from non-governmental negotiation to official procedures and entered the implementation and operation stage

the Hong Kong Zhuhai Macao Bridge is the largest infrastructure project that the Hong Kong government has participated in since the British Hong Kong government announced the Lantau new airport plan in 1990. In 1989, the governor of Hong Kong, Wilson Wilson, launched a huge new airport construction plan. This infrastructure project spanning 97 years is known as the "Rose Garden Plan" that can bring beautiful imagination. The Hong Kong economy has indeed stopped falling and rebounded since 1990. After the completion of the airport in 1997, the stock market and property market rose to a higher level. Today, more than 10 years later, the construction of the Hong Kong Zhuhai Macao Bridge is about to start. Will it mark that deflation has entered another stage of economic growth? Can the bridge project become a new rose garden for the Pearl River Delta region, which is considered to be experiencing economic slowdown in recent years

In 1989, Hu Yingxiang, chairman of Hehe industry, known as the "king of infrastructure", first proposed the idea of building a bridge in the middle of Lingdingyang; During this period, the government, academia and business circles also have a variety of plans. The ninth plan discussed most by the media recently is to use artificial islands to build a Y-shaped bridge connecting the three places and the bridge and port project, which is similar to the current Hong Kong Zhuhai Macao Bridge plan

Hong Kong government officials disclosed earlier that the construction scheme of the single Y-shaped Hong Kong Zhuhai Macao Bridge will be an alternative. The project will extend from Lantau Island in Hong Kong to the South China Sea, and two artificial islands will be built in the deep-water sea reclamation. The middle is connected by an undersea tunnel. When approaching the land, a "Y-shaped" bifurcation will be made, one leading to Zhuhai and the other connecting Macao. It is estimated that the total length of the project is 29 kilometers, and it can reach Hong Kong, Zhuhai and Macao within a 15 minute drive. Moreover, the ring design of the bridge is very advanced: starting from any point on the ring, you can return to the starting point through the other points. Even if there is a jam or traffic accident at any point, the traffic flow can reach the destination in the opposite direction

on August 7, hehe industry successfully split and merged and listed highway infrastructure. Hu Yingxiang admitted that the goal of the split was to focus on bidding for the construction of the Zhuhai Hong Kong Macao Bridge. At the listing ceremony, Hu Yingxiang, who is also the chairman of the two companies, took the initiative to talk about the Hong Kong Zhuhai Macao Bridge. He said that the original proposal to build a bridge was not recognized by the government, and the consultant hired by the government even pointed out that it was not necessary to build a bridge until 2020. Now, Hu Yingxiang praised that "the work efficiency of the Hong Kong government this time is quite high", and he said that if he came to build the bridge, he was confident that it would be completed in 2007

Hu Yingxiang frankly said that the cost of Hong Kong builders is higher than that of the mainland, and they lose the competitive advantage of price, so Hong Kong builders can only rely on experience. After the successful listing of Hehe highway, the financing pressure of Hong Kong Zhuhai Macao Bridge further reduced. Coupled with hehe's experience in infrastructure operation in Guangdong in the past 25 years, he "is confident to finally obtain the operation and construction rights of the bridge."

on the same day, Hong Kong and Macao consortia also expressed their opinions one after another. Kwok Ping Hsiang, an old friend of Wu Ying Hsiang and chairman of Sun Hung Kai properties, Hong Kong's largest property developer, said that he was interested in investing in the construction of the bridge in principle, but he still had to consider the plan formulated by the authorities. Huo Yingdong, vice chairman of the National Committee of the Chinese people's Political Consultative Conference, who has been promoting the opening of Nansha, also mentioned for the first time that he would support the construction of the Hong Kong Zhuhai Macao Bridge, saying that the bridge is equivalent to two Singapore for his development of the Guangdong Nansha project, and the construction of the bridge can promote the development of each other. Stanley Ho, chairman of Sindh group, a major enterprise in Macao, also publicly expressed interest in participating in the construction of the bridge

however, Huo Jianning, the managing director of Hutchison Whampoa, made a high-profile opposition to the bridge initiative of Ho Ho Ying Hsiang in Hong Kong last summer, and was considered to represent the position of the Li Ka Shing consortium, which controls Hong Kong's Wharf business, because the construction of the bridge would harm the interests of the original wharf industry. As of press time, neither Cheung Kong Industrial nor Hutchison Whampoa has made any response to the news that the bridge is about to be launched

the West Bank of the Pearl River and Hong Kong are mutually beneficial

Duan Qiao, a professor in the Department of decision science and enterprise economics at the Chinese University of Hong Kong, has been paying attention to the evolution of the Pearl River Delta economy for 20 years. He said in an interview that the completion of the Hong Kong Zhuhai Macao Bridge will consolidate Hong Kong's position as a trade center, enhance the local role as a logistics hub in the Pearl River Delta, and strengthen the position of local sea, land and air freight. At the same time, the west coast cities Zhaoqing, Shunde, Foshan, Jiangmen, Zhongshan and Zhuhai have shortened the distance from Hong Kong, so that these cities can be in line with the east coast cities such as Shenzhen and Dongguan, so as to strengthen their ability to attract foreign investment

"at that time, Hong Kong's four pillar industries - tourism, logistics, finance and business services can benefit from it." Duan Qiao predicted that "after the completion of the bridge, Hong Kong's GDP will increase by 1.3% to 1.6%. Based on last year's HK $1270 billion, the bridge can directly bring about HK $20billion in economic benefits to the local economy. And the six cities in the West Bank will also increase the GDP by HK $89.1 billion."

for a long time, the development of the East and West banks of the Pearl River has been very uneven. Over the past 20 years, the economic aggregate on the East Bank of the Pearl River has increased more than 240 times, while that on the West Bank has increased only 46 times. Guangzhou, Shenzhen, Dongguan and other eastern cities account for nearly 70% of the total economy of the Pearl River Delta, while Zhuhai and Jiangmen in the west account for only about 30%. Duan Qiao said, "the development of the western part of the Pearl River Delta is a prerequisite for the economy of the Pearl River Delta to reach a higher level."

Duan Qiao believes that after the completion of the bridge, the goods in the west of the Pearl River Delta can be sent to Hong Kong airport or container terminal for export through the bridge, which can increase the supply of goods for Hong Kong and make Hong Kong a logistics center for goods in eastern and western Guangdong

cities on the West Bank of the Pearl River Delta have benefited more from the Hong Kong Zhuhai Macao Bridge than Hong Kong, but Duan Qiao believes that "if Hong Kong does not build a bridge, it will be difficult to maintain its advantage. At that time, goods from cities on the West Bank of the Pearl River Delta will gradually be transferred to Shenzhen Yantian port." At present, most of the goods in the west of the Pearl River Delta first go from Humen Bridge to Shenzhen, loosen the chuck, and then set out through Hong Kong. In this process, some goods will be diverted. Now walking from the Hong Kong Zhuhai Macao Bridge, land is faster than sea, and the supply of goods is relatively concentrated. Shenzhen's Yantian Port has grown at a rate of 50% in recent years. When routes and flights have increased one after another, Hong Kong is in danger of being marginalized. Therefore, for Hong Kong, we can no longer hold a narrow regional concept that focuses on the overall situation of industrial development. "

Shenzhen faces challenges

originally, someone launched the 10th Hong Kong Zhuhai Macao Bridge Scheme with a double Y-shaped bridge in June, in which a bridge will be built to lead to the west of Shenzhen. However, this scheme is considered to be a huge project with limited benefits. Duan Qiao admitted, "after the opening of the Hong Kong Zhuhai Macao Bridge, Shenzhen will undoubtedly be affected." Because cargo vehicles from the West Bank of the Pearl River, including container trucks for export trade, can go directly to Hong Kong without passing through Shenzhen, which will weaken the cargo absorption capacity of ports such as Chiwan and Yantian in Shenzhen. "More realistically, the Shenzhen Hong Kong Western Corridor project, which was built with an investment of 3billion yuan by the Shenzhen Hong Kong government, is the main project of the Shenzhen Bay Highway Bridge. The starting point of Shenzhen is Shekou, and it crosses the Shenzhen Bay to the northwest of the new territories in Hong Kong. If it is not completed in time, its economic benefits will become blurred in the future."

Dr. Tan gang of the Shenzhen Institute of comprehensive opening up in China believes that after the completion of the bridge, Hong Kong will become a logistics center in Hong Kong, Zhuhai and Macao, with greater radiation space and more sources of goods. As far as Macao is concerned, it has little throughput, and there is no direct channel, so there is no problem of freight loss. The bridge connects Macao, and Macao's logistics can go directly through Hong Kong. Therefore, he believes that the completion of the bridge should not consider how to allocate the existing supply. The existing supply is limited. It should be to expand the cake of logistics supply and avoid the vicious competition of supply in the Greater Pearl River Delta in the future. In order to have a good competitive environment. The competition between each other should consider this issue first. "

Tan Gang, who has been studying the impact of the construction of the bridge, said, "it will take a long time for the bridge to be completed. If everything takes shape, Shenzhen logistics industry will also make corresponding adjustments and changes, so it is too early to say that it will have a great impact on Shenzhen Logistics."

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