Chapter 625: Capital operation (1/2)

In a luxury club in Paris that is not open to the outside world, several oligarchs from the French financial community come together.

A kind-hearted old man asked with a smile: ”I heard that Nino's little guy is in trouble. How is it now, have you completed the task?”

If it is not a familiar person, no one knows that this kind-hearted old man is the biggest vampire in French financial circles.

The most frightening thing is that no matter what the circumstances, he has a smiling expression, including killing.

”Okay, old Duke put away your face. Everyone is an old acquaintance. Who doesn't know who! Every day is acting, you don't feel tired and we bother watching.”

It is Dumas who speaks, because of the relationship of interests, the two often conflict.

Contradictions are contradictions, but this does not affect everyone's cooperation to make money. Now for the Panama Canal project, everyone is sitting up again.

In order to avoid the escalation of the conflict, the host of the party, Bales, decisively cut into the topic: ”The two business matters matter, let's talk about the Canal project first!

Everyone knows the Suez Canal. The project that originally thought it would lose money has recovered all its investment less than seven years after navigation.

Now it can provide investors with generous returns every year, and the income also grows with the development of overseas trade. If there is no accident, this income will continue for hundreds of years.

Of course, this is a special case. The special terrain of the Mediterranean is not available everywhere. It is almost impossible to replicate the success of the Suez Canal.

The Panama Canal should be the closest to the Suez Canal. Once the navigable distance between the East and the West will be shortened, the benefits can be imagined. ”

The old Duke shook his head: ”It's not that simple. The Panama Canal is not the same as the Suez Canal. We cannot get political support.

The Austrians did not want to see the canal open, and the British did not want to make the canal open. Even the Paris government may not support the Panama Canal.

The reason for this should be clear to you. The Mediterranean countries benefited most from the navigation of the Suez Canal. France and Austria are both beneficiaries. In order to strategically require the two countries to push the project under British pressure.

What about the Panama Canal? The biggest beneficiaries were the United States of America, followed by the Republic of Colombia, and other American countries also had some gains.

But we and the British and Austrian countries have received too little revenue, and apart from the canal itself, France has almost no revenue.

The Austrian Central American region has a small area, and railway construction can meet transportation needs. Without this demand, otherwise they can dig it themselves, and Nicaragua can also excavate canals.

Not to mention British Canada, where the land is typically sparsely populated, there are simply not so many commodities to transport.

In the eyes of politicians, such a cheaper project might as well not start.

As for the revenue of the canal, I'm sorry, I don't think the Panama Canal can catch up with the Suez Canal.

Judging from the economic situation in the Americas, perhaps the number of ships passing each year is not as many as our family passing through the Suez Canal.

If the economies of the Americas develop later, it may still be profitable. If the current situation, this project will lose almost 100%. ”

This is a fact. There are hidden interests behind the Panama Canal, but hidden interests are not something that the government can get.

In contrast to the high investment, only the navigation fee is charged. The opening of the Panama Canal in this era was indeed a big loss. Otherwise, the original time and space will be delayed until World War I.

Without the government's participation, but also facing the knife of other countries, it is no wonder that the Panama Canal can be successfully navigated.

Bells smiled slightly: ”Can the Panama Canal make money, can it be navigable, what does it matter to us?

As long as the outside world thinks this project has great potential, just like the Suez Canal now, it can make a lot of money.

I made a preliminary estimate that if this project were to operate, it would be able to leverage a capital of more than two billion francs. If you add peripheral income, this number will be even greater.

We just need to bite a piece of meat out of it. If the canal plan succeeds or fails, then let God decide. ”

Everyone has figured out how much profit they can make. There is no doubt that this is a shocking scam, but this is also the most basic operation of capital. If you do not compose a dream, how can investors be willing to enter the pit?

For financial capital, they never care about the success or failure of the project. As long as they can be listed on the market, they can get rich returns. Long-term operation has never been a problem they need to consider.

The old Duke nodded: ”What you said makes sense. We are not God. How do we know if the Panama Canal project will succeed?

What I think is to win the development right of the canal as soon as possible, and then go public.

If possible, it would be best to get Ingo Capital together. Make the cake bigger so that we can get the most delicious one.