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http://dx.doi.org/10.15207/JKCS.2020.11.9.243

Promoting a private finance initiative and regenerating public facilities by local platforms: a case in Japan  

Park, Hyeok-Seo (Major in Real Estate, Division of Real Estate and Construction Engineering, Kangnam University)
Publication Information
Journal of the Korea Convergence Society / v.11, no.9, 2020 , pp. 243-260 More about this Journal
Abstract
The purpose of this study is to analyze measures to promote a private finance initiative aimed at public facility regeneration in the midst of sharp increase in local financial burden due to the low birthrate and rapidly aging population. In particular, the study looked at the case of promoting a private finance initiative through a local platform aimed at public facility regeneration in Narashino, Japan. The study is based on the relevant systems and policies, and government documents and statistical data on the Narashino case. The results show that the local platform helps the local government and participants share business expertise and experiences, leading to improvements in their expertise and business capability. The local platform allows them to identify and discuss potential business ideas in advance, which in turn encourages private investment business.
Keywords
Local platform; Maintenance of public facility; Private finance initiative; Platform for regenerating public facilities; Public-private cooperation;
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Times Cited By KSCI : 1  (Citation Analysis)
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