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After the world first tall building construction stagnated the riddle to lay a foundation for 7 years still was open area
http://finance.sina.com.cn on July 10, 2004 11:30
economical observation newspaper -
Special correspondent Li Fengdi
newspaper Reporter Zhou Yiting
In the Shanghai urban planning hall, the narrator stands nearby a giant Shanghai plan model plate, in detail will explain the Shanghai future to the tourist the city prospect. When explains Lu Jiazui which most has the Shanghai symbol significance the local zone time, the light has suddenly extinguished, bunch of strong light beams concentrate in Lu Jiazui on the model. "This highest construction, is round the world the financial center... ... " Nearby the Chinese first tall building gold cyclopentadiene building, is towering an bigger white construction model □□round the world financial center. Where is this design altitude thousand digital products 1 Yuan hot racket Sina spot passes individuality smsDIY 海纳 hundred Sichuan waiting pavilion media to be allowed free to send the short note? After 492 meters buildings complete, not only will be China's first tall building, also is the world first tall building, without doubt could be the future Shanghai's new mark. However, leaves the Shanghai urban planning hall, arrives Lu Jiazui "round the world the financial center" the scene (Shanghai Pudong newly developed area Lu Jiazui financial trade area Z4-1 number land parcel), sees still or a piece to have the innumerable places pile the open area. In the distant place, Lu Jiazui other together gold land parcel □□original Lu Jiazui the good food city did not rebuild actually already relocates the start. Entire young Lu mouth finance area, only is left over "round the world the financial center" the land parcel also very quiet to lie down in there. Officially laid a foundation from August, 1997 calculated already nearly 7 years, round the world the financial center scene still is the low-lying land, is quietly together. When reporter wants to inquire into when reason, correlation organization and so on Shanghai government, designing department, bank is equivocal, only has been the repeatedly expression project since resumes work always has the progress, the hole excavated for building foundation maintenance and excavates in at the end of September can finish, at present is carrying on the construction drawing the design, estimated in 2007 is completed. These replies certainly cannot cover many place questions which round the world the financial center at present exists. Riddle of the fund The Shanghai round the world financial center developer is the Shanghai round the world financial center limited company, company chairman of the board is the lucky village bright court attendant. But the genuine investor is Japan's real estate developer □□woods overseas joint-stock company. Reporter consults from the industry and commerce department to the material demonstrated that, the Shanghai round the world financial center limited company for the foreign investment enterprise, the newest demonstration registered capital is 213 million US dollars, the shareholder has two, woods overseas joint-stock company occupies 51.2% stockholder's rights by 12.8 billion Japanese Yen spending limits, another Japanese enterprise □□Shanghai round the world financial center investment joint-stock company occupies 48.8% stockholder's rights by 12.2 billion Japanese Yen spending limits. According to reporter understood that, "the Shanghai round the world financial center investment joint-stock company" by cartel investment and so on Japanese 33 banks, insurance, business organization sets up becomes. The Shanghai round the world financial center limited company the material which registers in the industry and commerce department demonstrated that, cuts off on July 7, this family is established November 17, 1995, the registered capital is 213 million US dollars companies at present as really only has as the fund, is 12.8 billion Japanese Yen which on November 13, 2003 invested □□establishment time have been later than nearly 8 years. This investment examines the capital by the Shanghai jaguar accounting firm limited company. So, the Shanghai round the world financial center limited company registered capital amounts to 213 million US dollars, but actual arrives the fund only then 12.8 billion Japanese Yen □□approximately to convert into 109 million US dollars, only accounts for the registered capital 51.2%. The coincidence is, this exactly is equal to Shanghai round the world financial center limited company of a woods overseas joint-stock company's two shareholders spending limit. Whether this did mean forms the Shanghai round the world financial center investment joint-stock company of many cartel to have financing to be difficult? Reporter still was unable to confirm regarding this. But, the Shanghai round the world financial center limited company fund slowly cannot arrive actually is a fact. The situation not all arrives which regarding the fund, the Shanghai round the world financial center limited company indicated to reporter, industry and commerce (department) the information has the mistake, their registration capital is completely defers to the country to request to do, already completely arrived. Except round the world the financial center project, the woods overseas joint-stock company also has invested another real estate project □□Huifeng building in Shanghai, the Shanghai woods cyclopentadiene international real estate limited company is for this being established company. Reporter learned that, this company's establishment compared to the Shanghai round the world financial center limited company early for 1 year, but its 71.39 million US dollars registered capital and completely tallies the investment reality to the fund, all arrived the account in December 30, 1996. At present, the developer already one after another invested in round the world the financial center has surpassed 1.1 billion Renminbi, contained the land to obtain the expense, after and the change design caused the volume rate increase, also newly supplemented 20 million US dollars lands expenses. Riddle of the financing How many funds constructs 492 meter Shanghai round the world financial center to want? According to 1997 ago design proposal, round the world the financial 中心高 466 meters, already were the then world first altitude, its total investment is about 600 million US dollars. Looked by Shanghai round the world financial center limited company registered capital 213 million US dollars that, exactly is 600 million US dollars 35%, is conforming to the China legal rule property development project 35% innate fund quota. Hereafter, 1997 Asian finance storm influence, Shanghai round the world financial center work suspension. To 2003, the global tall building construction has had the very big change, the highest building recording is unceasingly renovated. On October 17, 2003, the Chinese Taibei 101 buildings are completed, this building take 508 meters (including top layer antenna, 101 buildings true altitude as 480 meters) highly becomes the world first. On February 21, 2003, the Shanghai round the world financial center officially resumes work after the quiet many years. In order to achieve "the world first tall building" the title, throws the capital by each meter 1 billion Japanese Yen prices, increases all of a sudden the design altitude from 466 meters to 492 meters, entire building construction cost also all of a sudden from 75 billion Japanese Yen dramatic rises to 105 billion Japanese Yen. According to the latter construction cost computation, the developer innate fund already could not achieve the China legal rule the request. Reporter understood, after round the world the financial center resumes work, in more than year time throughout is carrying on "the ground hole excavated for building foundation maintenance and excavates", simply has not entered to substantively begins construction, to hit the ground the official construction stage. February, 2003 resumes work the picture is a change original design and the investment plan foreign announcement. Resumes work until now, round the world the financial center limited company and the major stockholder woods overseas joint-stock company besides unceasingly revises the design proposal, the most main energy put in financing. Shanghai round the world financial center limited company General Manager expression bamboo Necker, financing mainly in mainland China solution, moreover mainly has the bank through four great nations. In order to achieve the innate fund the limit, the Shanghai round the world financial center limited company also possibly sells the partial stockholder's rights. Expression the bamboo Necker, take China's bank as the main financing object reason is, the project completes after the rent income mainly is a Renminbi, moreover the project funds also mainly are a Renminbi. Although the foreign capital bank also may manage the Renminbi service, but the scale is extremely limited. But, a Japan analyzes in Chinese bank Shanghai branch's vice- president to reporter that, "9.11" the event, the golden cyclopentadiene not too good transport business condition, the Taiwan first tall building dreary sale and rental condition, adds the Bank of Japan itself difficulty, causes Japanese the bank to shrink back at the sight to round the world the financial center. It is reported, the Chinese international finance limited company and Morgan the gentleman Dan advantage holds the post of the Shanghai round the world financial center limited company financial consultant. In order to solve the financing problem, the Shanghai round the world financial center limited company and Morgan the gentleman Dan advantage already several times visited the Chinese construction bank and so on the state-owned bank. The Chinese construction silver about to extremely has the possibility to become this project the host loan line, with other bank composition bank consortia to project loan offer. A insider indicated that, four great nations have the bank all to have the participation. At present the Chinese construction bank Shanghai branch's corporate business department is being responsible for this building the financing project, its project personnel Zhang Xi tells reporter, this project concrete operation specifically is responsible by the Chinese construction bank Pudong branch. Zhang Xi indicated that, the project side hoped the loan the amount demand is very big, the construction bank most main consideration or the project side innate fund needs to arrive. Zhang Xi said that, "Specifically loans how many, must look which bank investment are most." A insider told reporter, the project side once hoped financed 1.5 billion US dollars, at present bank consortium also in tender process. Riddle of the repayment Even if the financing question solution, round the world the financial center also will face the test which whether the future will recoup the outlay of capital. Some professional analyzes, round the world the financial center investment cost surpasses 1 billion US dollars, approximately for near side golden cyclopentadiene building (total floor space 290,000 square meters) total investment 560 million US dollars 2 times. According to the present 5% year loans interest computation, every year opportunity finance becomes originally amounts to about the Renminbi 400 million Yuan. As soon as opens the gate disbursement by the golden cyclopentadiene building the operation cost to amount to above every day 1 million Yuan to calculate, future round the world the financial center also will be supposed to add on every year at least not to be lower than 400 million about the operation cost. If adds on the management and the man-power and so on other costs, round the world the financial center future every year the cost will achieve above 800 million Renminbi. In 2002, the Chinese gold cyclopentadiene group limited liability company announced that, the golden cyclopentadiene building hiring rate reaches 85%, every year main camp income achieves 650 million Renminbi, in front of the tax the profit 140 million. Even if did not consider the future tall building will increase day by day the steep competition, will suppose the total floor space 377,000 square meters round the world financial centers hiring rate to achieve Jin Mao the level, and rent level similar, this building income mostly only will be able to achieve 845000000. This public figure further analyzes, calculated the Japanese side really can put out 35% innate fund, round the world the financial center in 2007 can as scheduled complete, because started from 1997 the construction time already surpassed for 10 years, but the Shanghai commercial land batch rented the fixed number of years was 50 years, then had to repay at least 70 billion Japanese Yen loans in 40 years, had to return every year the capital reached nearly approximately 150 million Renminbi. So calculated, round the world financial center actually whether also is profitable? According to present round the world finance building design floor space and investment level, even if an investor cent money does not gain, the building rent price also must outdo compared to the golden cyclopentadiene many can basically balance income and expenses. Riddle of the progress According to the country related property development stipulation, two years development project, generally has not had to take back the project to use, the foreign capital also must observe this stipulation. The Shanghai round the world financial center project in 1995 did attained the land parcel right of use, constructed to the present has delayed the such long time, why still continue by this developer to operate? The Shanghai room bureau's concerned personnel indicated, although has this aspect the country to stipulate, "but very few also very is in fact difficult to carry out. Generally does not develop the land can temporarily use as the afforestation, we can with use the unit to consult, the request develops as soon as possible. Round the world financial center this project is known as is the world first is high, the government stratification plane also hoped can build up, therefore is compares the support." Pudong newly developed area government news office public office Mr. Deng indicated that, the government does not express the opinion regarding this. The Shanghai round the world financial center limited company's explanation is, after the project in 2003 resumes work has not stopped, but before has the design and so on the various objective reason, certainly is not the developer intentionally stops. Therefore, the government also compares forgiveness. When in 1995, date we attained this land parcel, just when Pudong most needed when the foreign capital investment, the woods overseas joint-stock company's high quota investment will get up without doubt to one kind of huge demonstration effect. At that time, Pudong developed the massive investments to come from to domestic capital □□each ministries and commissions and various provinces and cities, liked the woods overseas joint-stock company such foreign capital investment to be very few. At the same time, Shanghai also can through this project further prove Pudong develops success. Municipal government then idea was, had to develop Lu Jiazui the finance trade area, needed the sign construction attraction multinational corporation to come here to suppose the spot. Shanghai Deputy Mayor Zhou Yupeng once indicated to the media that, "China joins after WTO, world more vision go to Shanghai, goes to Lu Jiazui the finance trade area, very many multinational corporations all need to suppose the spot in here, round the world the financial center without doubt can add dark ink 重彩 for the Shanghai construction world-class city." As for afterwards did not take back this project land question, a Shanghai government official indicated, the such great investment project, had to find the investor which could substitute very to be also difficult. Design disturbance On April 21, 2004, at the Munich China international real estate commerce forum which conducts in Shanghai, Shanghai round the world financial center limited company Chairman Akio Yoshimura has made the special lecture in view of round the world the financial center this project design. He before acknowledged has the opinion to think in every way round the world the financial center outlook has 疑似 the Japanese saber and the national flag design, now already increased to go sightseeing the bridge. He explained said the outward appearance design is American extremely renowned KPF Corporation's Director designer William manages. William with has studied for 5 years from renowned architectural design master Mr. I. M. Pei, possibly receives the China traditional culture the influence, the design mainly is carries on according to the China traditional culture masculine and feminine elements idea. Is located Pudong Lu Jiazui the Shanghai pearl tower modelling is a solid spheroid, after round the world the financial center completes happen to forms an empty reality with it, coordinates with each other across a great distance artistic esthetic sense. But in the Chinese tradition construction has "月洞门" the modelling, this hollows out the circular also to manifest the Eastern culture "the day and the place" the succinctness. The East China architectural design research institute limited company designs round the world the financial center China auxiliary unit, this project group person in charge Yuan Xingfang tells reporter in the telephone, at present advanced with the outward appearance design all already through the proof, now is carrying on the underground partial projects construction drawing design, the aerial parts project construction drawing also in the design. The present main question is the view 光层 security and the building fire question, estimated at the end of July Ministry of Public Security will convene the proof to be able to carry on the proof. Yuan Xingfang had also disclosed resumes work the after progress: In June, 2003, after the Shanghai round the world financial center resumed work has made up more than 50 piles. And in hereafter has constructed the scene temporary office building. The financial center new plan design plans the bureau examination and approval in July, 2003 through the Shanghai government, on October 30 through expands at the beginning of designs, at present is carrying on the construction drawing design. After Shanghai proposed the city limits high, the multitudinous expert has revealed to round the world the financial center worry. A Tongji University building domain professor indicated to reporter that, at present Shanghai sinks seriously, the golden cyclopentadiene building already had very obviously sinks the concealed worry. Moreover, Lu Jiazui traffic jam already very was serious, again constructed hundred tall buildings to be able to aggravate the transportation burden without doubt. Yuan is popular direction reporter to indicate that, the financial center construction each designing department, the government department all very is round the world discrete, could already open about these aspects proofs. "The owner (refers to developer) not and we said the concrete construction cost budget, they are hoped 2007 year's end can finish, but progress very slow, I also hoped round the world the financial center best can all be smooth, as scheduled be completed." Yuan Xingfang said. (Newspaper Reporter Peng Peng, Liu Zhaoqiong also has the contribution to this article. )
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Until 7/7/2004,the developer only got 109 million USD on their hands which equal to 51.2% of the registered capital...........
No money no talk...
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