• KSCE Journal of Civil and Environmental Engineering Research
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• v.31 no.4D
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• pp.585-594
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• 2011

A variety of PPP (Public-Private Partnerships) schemes including BOT, TOT (Transfer-Operate-Transfer), and divestiture has been employed in the Chinese water sector. Although the two latter emerging models have been implemented in their full applications lately, there has been no follow-up for identification of opportunities and challenges inherent in those schemes in relation to the market participation of foreign investor. This study undertakes in-depth analysis on the TOT and divestiture projects in the SWOT (Strengths, Weaknesses, Opportunities, and Threats) matrix and measures the level of agreement on each SWOT through a survey among the Chinese water market experts. The findings can be used to support foreign investors in managing the weaknesses and threats that, unless properly managed, can be evolved into potential project risks, while fully benefiting from the strengths and opportunities of the two schemes.

• Korean Journal of Construction Engineering and Management
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• v.24 no.2
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• pp.98-110
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• 2023

The smart city public and private partnership project is a project to build and operate a sustainable city by investing land and capital in public-private partnership to build urban infrastructure and providing various urban services. It highly depends on the precise feasibility study and the projection of the various factors affecting the project during the planning stage to get the project successful. However, it is very difficult to predict the possibility of the project success in advance due to various physical and social factors. It is necessary to derive factors affecting the project at the planning stage and respond with appropriate analysis in order to solve these problems and to carry out a successful project. Therefore, this study derived preliminary components for feasibility study through previous studies and order status analysis and presented feasibility study components such as five-step processes, 10 process items, 19 analysis items, and 54 detailed analysis items through the Delphi method. It can be expected that this research is to contribute corresponding to diversified possible risks and facilitate the projects during the promotion.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.519-522
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• 2007

China infrastructure construction market has huge potential for increased use of PPP/BOT mode and one of the most attractive markets of doing business. However, there are still a multitude of challenges for overseas EPC contractor to enter into the China PPP/BOT market both internally and externally. Especially, the construction legal system and relevant policies are considered at present the biggest barriers in accessing China construction market. Therefore, the main purpose of the paper is to identify the impact of the construction laws, regulations and BOT-related policies on the viability of foreign contractor-led BOT project in China. To the satisfaction of the purpose, this paper will first analyze China construction laws based on the key issues that must be tackled by foreign EPC contractor before they enter into China. This summary gives the possible contract scheme for a BOT project of interest in which foreign contractors could define the scope of works and measure the viability of the project. Finally, a case study of wastewater treatment plant BOT project in China subsequently illustrates some of the lessons learned from the foreign contractor's perspectives for successfully participating in future environmental market in China.

• Proceedings of the Korea Water Resources Association Conference
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• 2012.05a
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• pp.815-815
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• 2012

우리나라의 경우 1조원 이상 피해를 입힌 자연재해가 '98년 이후 집중적으로 발생하는 등 최근 급격한 도시화 산업화 및 범지구적인 이상기후 현상으로 자연재해로 인한 피해가 점차 대형화 다양화되는 추세이다. 그에 따른 국내 재해관리 및 사전예방의 중요성은 그 동안 여러 차례 기획사업 및 재정계획을 통해 제시된 바 있으나, 대부분 추진계획 수립에 그치고 실질적인 예산 편성시에는 충분히 반연되지 못한 실정이다. 따라서 본 연구에서는 우리나라의 재해예방투자사업의 규모와 구체적 계획에 대하여 살펴보고자 한다. 재해사전예방 분야의 기존 투자계획으로는 "제1차 국가안전관리 5개년 기본계획"과 "2005-2009 국가재정운용계획", "수해방지대책 백서" 등이 있었으며 그 중 "제1차 국가안전관리 5개년 기본계획"은 정부역사상 처음으로 시행하는 중 장기 국가재난관리정책으로, 풍수해대책, 설해대책 등의 자연재해를 비롯하여 총 17개의 재난유형별 재난관리대책을 포괄하고 있으며, 11개 부처 및 시도에 대해 27개 사업, 36조 8천억원을 투자하는 계획을 제시하였다. 가장 최근에는 2010년 8월에 국무총리실 주도 재난관리 개선 민관합동 TF팀을 구성하여 기후변화 및 기상이변에 선제적 대응 및 기존 방재체계에 대한 근본 패러다임 전환을 통한 선진적 방재시스템 구축을 추진하기 위하여 기후변화대응 재난관리 개선 종합대책을 마련하였다. 일선 경험이 많은 민간전문가 주도로 철저히 현장 중심의 문제점과 대안을 검토하고 대책을 준비함으로서 기존의 재난관리대책 구축방법과 차별성을 띄었다고 할 수 있다. 이번 재난관리 개선 종합대책에서는 5개 시 도의 현장조사와 기존대책을 분석하고, 전문가 의견 등을 검토하여 도시유역종합치수계획, 소하천 및 사방댐 정비, 소규모 시설 정비 등 26건을 포함한 '99년부터 3회에 걸쳐 추진한 재해관련 범정부 종합대책을 검토하여 필요성이 있으나 추진이 미흡했던 과제는 포함시켰다. 또한 기후변화 대응에 필요한 신규과제 및 재해취약요인이 드러난 도시방재를 위한 개선과제를 집중 검토하도록 하였다. 다수부처 관련 쟁점과제에 대해서는 주관부처를 정하거나 민간 전문가가 참여하는 조정회의 및 세미나, 공청회를 통해 보완 검토하였다. 그 결과로서 2011년 전년대비 재해예방 관련 사업에 대한 국고 투자규모는 도시침수방지 17%, 수자원 관리 25%, 항만 정비 17%, 산사태 예방 24%, 농업기반시설 정비 20%, 위험지 정비 19%, 재난 예측 및 대응시스템 개선 16% 증가하여 투자계획이 수립되었으며 전체적으로는 약 21% 증가된 투자계획이 수립되었다.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.30 no.3D
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• pp.295-302
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• 2010

Since the late 1990s, the BOT mode in China has been extensively used in the water sector in order to attract private investment, improve technical and operational efficiency, and expand the coverage of water services. The BOT mode has been hailed as this provides a win-win structure between the government and private players through formalized procedures and an optimal risk allocation. However, recent market analyses show that some foreign investors are reluctant to participate in the market or even retreat due to uncertainties and risks in the market. This study aims to explore various risks in the Chinese water BOT market based on the thorough literature review, fieldwork, and the case studies on the two wholly foreign-owned BOT water projects: the Chengdu No. 6 and the Shanghai Dachang Water Supply BOT projects. The research results indicate that the Chinese BOT market embraces high risks in political, institutional and legal, and financial systems. The key to a successful takeoff of the BOT mode in the Chinese water market depends on the extent to which the government will be able to remove risky factors in political, institutional and legal, and financing systems. This research outcome will provide a useful reference to the Korean construction companies which consider expanding business to overseas water markets in the form of public private partnership.