China Canyon Project

What is the total investment of the Three Gorges Project?

The planned construction time of the Three Gorges Project is 17. Li Yongan said that according to the price level of 1993 in May, the static investment of the Three Gorges Project needs 90.09 billion yuan; Considering various factors such as price increase and loan interest during the construction period of 17, it is estimated that the dynamic investment of the project needs 203.9 billion yuan. Judging from the current use of project funds, when the project is finally completed, the dynamic investment only needs 654.38+08 billion yuan, and the total project cost is about 20 billion yuan less than originally expected. The reason why so much money is spent is mainly due to the macro-control of the country in recent years. Taking the price difference as an example, when calculating the dynamic investment, the predicted price increase is relatively high. In recent years, due to the national macro-control policy, the actual price increase is relatively lower than the predicted increase, which alone reduces the investment in the Three Gorges Project by 654.38+04 billion yuan. Under the national macro-control policy, the bank's loan interest rate is also much lower than originally estimated, and it also saves about 6 billion.

Does 654.38+08 billion yuan only refer to the Three Gorges Project itself? What items are included? Li Yongan said that 654.38+0.8 billion yuan refers to various expenses required for the construction of the Three Gorges Project, including the construction of highways. Resettlement, environmental management and so on. In other words, the total cost of the Three Gorges, including resettlement and environmental treatment, is only equivalent to 18 space shuttles.

Li Yongan: Since 2003, he has been leading China Three Gorges Project Development Corporation. He is currently the deputy director of the State Council Three Gorges Project Construction Committee, the party secretary and general manager of China Three Gorges Project Development Corporation. Senior economist, expert enjoying special government allowance of the State Council.