All along, the West likes to call China an infrastructure maniac, because they are amazed at China's infrastructure speed. Whether it is quality or speed, they make those Western countries sigh. Take highways for example. China's highways have the longest mileage in the world. I believe that Chinese people have a deep impression of this. Highways in my country are spread all over every corner of the country. Moreover, my country's highway quality is far ahead of other countries, and I believe everyone has no doubt about this. There is actually a reason why my country's expressways are built quickly and have excellent engineering quality. First of all, the cost of investment is large.
This is also why my country's expressways adopt the toll mode. After all, so much cost is invested, it cannot be recovered in a short time. But what many people don’t understand is why my country’s annual revenue of highways reaches hundreds of billions of yuan, but there are still many highway companies that suffer losses year by year? Where did you go to collect so much money? Today I will take you to answer your doubts. First of all, we know that the expressway is a special section and its cost is extremely high. The cost of one kilometer of 100 million yuan is conservatively estimated, and it may even be higher. It is not built directly by the government, like ordinary municipal highways, and the expressways are loaned to banks by enterprises.
Expressway can be regarded as a way for these companies to invest, because after they are completed and opened to traffic, they can charge tolls through the expressway. The amount of loans to banks by highway companies is not a small fee, and high fees mean a large amount of interest will be generated. So don’t look at the highway’s revenue every year, a large part of it needs to repay bank loans and pay interest. Secondly, because of its special nature, there is no pitfall on the highway. As long as there is damage, it needs to be repaired immediately. Survey and patrol every day at any highway. Once damage is found, it needs to be repaired immediately, otherwise there will be safety hazards that cause serious accidents.
maintenance section requires a large number of staff, which all require investment costs. In addition, since there are many traditional holidays in my country, whenever there are some legal holidays, , the expressway will respond to the call of national policies and implement free access. This is undoubtedly a huge loss for highways, which are mainly revenue-based. Finally, we found that some highway companies expand new highways every year. Before the road book was recovered, they needed to borrow money to build the next road. In this way, losses are reasonable.
