• 제목/요약/키워드: Land Investment

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The Problems of Dualizing Condition of Farmland Conservation System & Dissonance Problems (농지제도의 문제점: 이원화와 부조화 문제)

  • Lee, Byung Ki
    • Journal of Agricultural Extension & Community Development
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    • v.23 no.4
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    • pp.405-418
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    • 2016
  • Farmland conservation function of 'The Farmland Act' has been being weakened according as farmland conservation system came to the dualizing condition. Overall land use issues including farmland are determined by 'The National Land Planning Act'. In this process, much farmland has been disappeared unilaterally. Above all, 'The National Land Planning Act' recognized farmland as land for development rather than looking in conservation perspective. Formulating with a 'urban(rural) plan', 'The National Land Planning Act' brings means and development methods in a variety of setting. So 'The Farmland Act', the center of farmland conservation system, lose an effect of its conservation functions. Farmland is a kind of facility made with heavy investment for agricultural purpose definitely. Therefore conversion of recognition that farmland must not be undermined indiscriminately in dimension such as urban planning facilities.

A Study on the Performance Analysis of Environmental Improvement Fund for the Structural Advancement Project of the Old Industrial Complex (노후산업단지 구조고도화사업을 위한 환경개선펀드 성과분석에 관한 연구)

  • Kim, Jongha;Chung, Jaeho
    • Land and Housing Review
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    • v.11 no.3
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    • pp.21-31
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    • 2020
  • This paper quantitatively analyzes the investment performance of the environmental improvement fund focusing on the sales effect and the housing benefit effect. The analysis of this study focused on the effects of sales and housing benefits for completed business sites among the business sites supported by the Environmental Improvement Fund. The analysis results are as follows. First, it appears that the sales effect of the completed workplace is effective compared to the amount of investment, so it seems that the purpose of industrial integration of the environment improvement fund is being achieved. Second, it was found that there are variations by workplace and region in housing benefits. This seems to be due to the fact that profitability can be neglected by reflecting the characteristics of residential facilities built by private businesses. The Environmental Improvement Fund is a policy fund that pursues both profitability and publicity. Therefore, it is necessary to transform the structure of the fund to expand support for industrial infrastructure with high publicity. To this end, it is necessary to establish a long-term management plan that equitably considers the profitability and publicity of the environmental improvement fund.

Demand-based Strategies for Overseas Industrial Complexes (수요 맞춤형 해외산업단지 조성방안 연구: 베트남과 인도네시아를 중심으로)

  • Yeun-woo, Jeong;Seung-eun, Lee
    • Land and Housing Review
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    • v.14 no.1
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    • pp.17-32
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    • 2023
  • This study investigates investment attraction in manufacturing and reviews the current trend of Korean companies' overseas expansion, targeting Vietnam and Indonesia to create a demand-based overseas industrial complex. Furthermore, a survey was conducted with domestic companies located in industrial complexes to analyze the details of their intention to enter overseas markets. By linking the previously specified industrial sectors for investment attraction with the desired industrial sectors for overseas expansion and previously entered industries, measures to promote overseas industrial complexes are proposed. For instance, combining with already expanded industries, entering attractive fields to develop new markets, and deriving specialized strategies for each country. These strategies can be useful as basic resources when establishing plans that reflect the domestic and foreign needs of the key target countries to attract companies to overseas industrial complexes.

The Effect of Real Estate Investment Factors in Investors of Sejong City on Investment Performance and Reinvestment Intention (세종시 투자자의 투자요인이 투자성과와 재투자의향에 미치는 영향)

  • Tae-Bock Park;Jaeho Chung
    • Land and Housing Review
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    • v.14 no.4
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    • pp.63-76
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    • 2023
  • Investors should understand and actively consider factors like location, future value, policies, pricing, market trends, and their income, as these elements can shift with changing local, social, economic, and policy environments. This study seeks to clarify the impact of investment factors on the performance and reinvestment intentions of Sejong City investors by surveying those who have invested in real estate. This study employs a structural equation model with confirmatory factor analysis, focusing on four aspects: value, economic and policy, psychological, and financial. We find that the investment value factor has the largest impact on investment performance, indicating that investors prioritize the investment value of real estate in Sejong City. In addition, factors increasing asset value and expected satisfaction were significant, indicating that real estate investment in Sejong City yields high returns and investor satisfaction. with a positive outlook for future reinvestment.

Determinants of Investment in the Jordanian Productive Sectors

  • ABU-LILA, Ziad Mohammad
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.4
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    • pp.635-641
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    • 2021
  • This paper aims to find out the main factors that are important in determining the size of investment in the Jordanian productive sectors. For this purpose, the study used panel data for four Jordanian productive sectors over the period 2000-2017. Also, fixed-effects modeling was carried out to identify the relationship between investment and its potential determinants. Empirical investigations of the four productive sectors reveal the following results: The real value of sector's production and the real value of credit facilities have a positive and significant impact on investment, while the real interest rate has a negative effect on investment in the Jordanian productive sectors. Also, at the sector level, agriculture was more responsive to changes in the real value of credit facilities, while other sectors were more responsive to changes in the real value of sector's production. According to these results, it seems that some policy actions should be taken to enhance the size and the role of investment in the economy. For example, policymakers should adopt a mixed policy and expand the provision of credit facilities, especially to the agricultural sector, to enhance agricultural activity in a manner that ensures the improvement of infrastructure and land reclamation.

The Direction of Improvement of Organic Agricultural Farmland Lease Institution (친환경농업 농지 임대차 제도의 개선방향)

  • Choi, Deog-Cheon
    • Korean Journal of Organic Agriculture
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    • v.17 no.4
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    • pp.441-461
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    • 2009
  • Switching to organic farming practices in agricultural production reaches the end of the period it takes an average of five years. During this period, agricultural soil management to improve the investment must be sustained. Results of the survey of environment-friendly agricultural lease rates appear to approximately 54.2% lower than agricultural practices. Environmentally friendly agricultural land is leased on a long transition period of the contract cost, many buried incompleteness, uncertainty of contract fulfillment(opportunistic behavior) occurs when the transaction costs. This ultimately can hinder the spread of organic farming. Thus, the qualitative development of organic farming and land leasing in order to minimize transaction costs, should that occur. The alternative 'cooperative long-term lease contract' is a system.

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Administrative Policies and Cases for Effective Utilization of Japan's State-Owned Property (일본의 국유지 유효활용을 위한 행정정책과 사례: 행정재산·공유지 및 민간참여 사례를 중심으로)

  • Jeon, Joon-Woo
    • The Journal of the Korea Contents Association
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    • v.22 no.9
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    • pp.260-270
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    • 2022
  • With the revision of the 「State Property Act」, the conditions for using state-owned land have improved. The new government is also suggesting the necessity of using state-owned land to revitalize private investment and secure financial investment capacity. In line with these policy changes, this study examines Japan's policy on the utilization of state-owned land and effective use cases, and seeks to find policy implications from the perspective of managing and promoting the use of state-owned land. The direction of Japan's public land utilization policy is to induce optimal use of state-owned land through efficient management, and to increase the value of state property by promoting active use of state-owned land through linkage of state-owned and public land and private participation, etc. It appears that the policy is being pursued in the direction of suppressing the sale of state-owned land in the country. To promote the effective use of state-owned land, it is necessary to establish a clear policy direction first. In addition, the establishment of a transparent information disclosure system and the establishment of a strong control tower capable of coordinating interests between ministries are required. The starting point of policy establishment for efficient use of state-owned land is to change the perception that the actual owner of state-owned land is the people.

Establishment of Building Work Section of LH Guide Specifications (건축부문 LH 전문시방서 작성 방안)

  • Oh, Eun-Ho;Kim, Tae-Song;Lee, Kab-Won;Koo, Jai-Dong
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2011.11a
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    • pp.177-179
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    • 2011
  • The difference the guide specifications of between housing and land development has been caused many problems, since Korea Land Corporation and Korea Housing Corporation were merged into LH (Land and Housing Corporation) in 2009. Those are that specification criteria to establishing lower level specifications are disordered; duplicated investment on sites; management systems are conflicted site to site, which are based on different operation system from old land and housing corporations, etc. Thus, this paper aims to suggest a direction of integrated guide specification system of LH including improved and advanced classification hierarchy and specification.

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A Study on the Improvement of Cargo Management System in Free Trade Zones (자유무역지역 화물관리제도 개선방안에 관한 연구)

  • Lee, Kee-Woong;Kwak, Hyun
    • International Commerce and Information Review
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    • v.8 no.1
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    • pp.167-182
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    • 2006
  • The free trade zone would be evaluated at the point of granting exceptions of lease and disposal of land and manufactory, the organic relationship of the Manufacture and distribution, the reduction of rental value for foreign investment company and tax refund or exemption for customs duty that can be able to extend and draw new foreign investment enterprises. But despite of these, Free Trade zone, taking it in all its bearings, I considered its institutional problems and tried to find betterment of this.

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A Case Study on the Successful Old-Town u-City Construction by an Effective Financing (효과적인 재원조달을 통한 구도시 u-City 구축사례연구)

  • Park, Kwang-Ho;Kim, Myung-Dong;Kim, Yun-Hyung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.35 no.3
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    • pp.192-203
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    • 2012
  • As a leading nation of ubiquitous technology, South Korea has been promoting u-City pilot projects throughout the country. According to 'Fundamental Construction Law of u-City,' u-City projects are classified into old-town and new-town types. However, most projects have focused only on the new-town type. Pushing forward large-scale land development projects, Korea Land and Housing Corporation (LH Co.) under Ministry of Land Transport and Maritime Affairs (MLTM) has gained a development profit out of the u-City infrastructure and then donated the infrastructure to a local government without making any plan for operations. In the process of u-City pilot projects, old-towns have been relatively ignored and various of unexpected problems have emerged. Building the u-City of an old-town is not easy due to many constraints such as huge initial investment, long validity and verification procedures, lack of useful services for citizens, lack of professional outsourcing methods for business promotion, high operating costs of the integrated control center, inadequate law related, insufficient institutional requirements and so on. This paper introduces a case study on u-City development for an old-town, Ansan City, as a private investment project. The case will help boost u-City projects for old-towns by solving their problems and providing an effective operational mechanism. As the first BTL (Build-Transfer-Lease) project for constructing u-City, 'Broadband Information Network Development Project' of Ansan City will provide a reference model of expanding u-City projects for other cities.