• Title/Summary/Keyword: Private Infrastructure Investment

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Study on Cambodia Cooperation Plan: Focusing on Major Industries and Economic Trade (캄보디아 협력 방안 연구: 주요 산업과 경제 교역을 중심으로)

  • Yoon, Jon-Mo
    • The Journal of the Korea Contents Association
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    • v.20 no.8
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    • pp.338-349
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    • 2020
  • This study was conducted to find ways to expand investment and seek cooperation measure in Cambodia. It is located on the Indochina Peninsula in East Asia, and has historically suffered a lot from social systems and politics. It is a politically constitutional monarchy and shows a neutral tendency in the form of a non-alliance of pro-Westernism. Cambodia recently recorded a high growth rate due to the economic liberalization promoted since the mid-1980s. It is also emerging as the next generation production base in Southeast Asia. The diplomatic relationship, which had been temporarily suspended with Korea, was resumed in 1997. Since then, it has been conducting mutual trade and exchange. Therefore, this study which is as unfamiliar and infrequent looked at Cambodia's economy, trade trends and support plan. In addition, various development possibilities were considered. In particular, in-depth research was conducted on local entry methods and participating projects. First of all, it was devised various ways to expand investment and human exchange, diversify public-private relations, and enter the logistics, distribution, and infrastructure projects directly. As such, this study was developed to serve as a basis for contributing to a part of the research on Cambodian economy and trade in the future.

Effective Models for Connecting BTL and Project Finance (BTL 사업과 프로젝트 금융의 효과적 결합 방안)

  • Park, Won-Seok
    • Journal of the Economic Geographical Society of Korea
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    • v.11 no.2
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    • pp.233-250
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    • 2008
  • This paper aims to analyze the characteristics of BTL, and to propose the effective models connecting BTL and project finance, through the analysis of current state and case study of BTL. The main results of this study are as follows. Firstly, BTL business have been increasing fast, and most of projects are middle size projects below 100 billion Won. Nextly, key suggestions for improving BTL business model are analyzed, which are, first, risk allocation between public and private interests, second, improvement of method for selecting private investment consortium, and third, alleviation of long-term burden of local finance. Finally, effective models for connecting BTL and project finance, which are, first, model for using asset backed securities, second, model for dividing project corporations into construction corporation and operation corporation, and third, model for risk allocation between public and private interests.

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Promotion of the Private Investments in the Military Facilities through Integration of BTL and BTO Methods (BTL방식과 BTO방식을 혼합한 군시설 민간 투자사업의 활성화 방안의 연구)

  • Kwak, Soo-Nam;Park, Sang-Hyuk;Han, Seung-Heon;Kim, Hyoung-Kwan
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.278-283
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    • 2006
  • Koran Government introduced BTL(Build-Transfer-Lease) to provide convenience through early supplying infrastructure and plans to invest 8,315million dollar to 84 projects of 15 BTL type involving official residence and railroad. But some of construction company hates to invest BTL projects because of its low earning rate. In addition if we correctively apply project which partly has profitability to BTL, the earnning rate declines more seriously. So this paper presents BTL+BTO model which operates BTL in the non-profitable parts to improve convenience of users and BTO in the profitable parts to improve earning rate. BTL+BTO model based on operate period was presented and its suitability was confirmed by applting 00 region official residence project.

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Fundamental Study for Establishing the Research and Development Encouragement Strategy in Construction Area (건설분야 R&D 활성화 전략 수립을 위한 기초연구)

  • Kim, Kyoon-Tai
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.4
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    • pp.123-129
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    • 2008
  • The final objective of this study is to establish the research and development (R&D) encouragement strategy in construction area. For this, this study deals with the survey of current status of Korean construction industry. The result of this study is as follow; First, it is necessary for strengthen the R&D infrastructure to establish R&D cooperation system between industry, university, government and public institute. Second, private sector's should do its role as one of the four performing sectors in R&D network, not just assisting role. We will apply the result for establshing the national strategy as basic data.

A Possibility Study on Technological Support toward the Developing Countries by the Japaness & Korean Consulting Engineers (한일기술사에 의한 동아시아제국의 기술협력 가능성 조사( II ))

  • 중산휘야
    • Proceedings of the Korean Professional Engineer Association Conference
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    • 1994.12a
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    • pp.103-106
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    • 1994
  • I have already reported about the necessity of international cooperation, our role and measures under the present conditions of private technological exchange in the Japanese and Korean Consulting Engineers Meeting at Taejeon, Korea. Continuously I have been discussing whether we, Japanese & Korean consulting engineers can give technological cooperation and support with the regard to industrial technological development, enhancement of industrial infrastructure, social and economic development. I am focusing on Vietnam which has been in the course of economic development to excess in a sense and this country attracts the world's attention. I probe the possibility of technological cooperation under the cooperation of Japanese & Korean consulting engineers while I introduce the present conditions of Vietnam. In addition Vietnam has become a member of ASEAN officially, and the foreign investment in Vietnam has gotten on the right track. Moreover, the regularization of lawsystem in Vietnam is well under way and they aim at joining advanced nations in the 21st century.

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Design Example of Yongin Light Rapid Transit (용인경량전철 실시설계)

  • Lim Sung-Mook;Ha Tae-Un;Jeong Tak-Kyo
    • Proceedings of the KSR Conference
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    • 2005.11a
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    • pp.197-202
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    • 2005
  • On December 2001, Yongin Light Rapid Transit was started with the Notification of Basic Plan for Private Infrastructure Investment Project and promoted as BTO configuration to effectually cope with the rapid increase of traffic demand in Yongin City and establish pleasant and green urban traffic system to connect with New Boondang Line to diversity traffic demand around roads. On May 27th, 2005, it was applied authorization of detailed plan and the .First Light Rapid Transit in Korea shall be started construction on Nov, 2005, and completion on May. 2009. This Thesis will introduce the Detailed Design for Yongin Light Rapid Transit.

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Sustainability Appraisal of Chinese Railway Projects In Nigeria: Afoot

  • Awodele, Imoleayo Abraham;Mewomo, Modupe Cecilia
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.967-974
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    • 2022
  • It is no news that Nigeria's infrastructure challenge is enormous. In the global ranking, Nigeria ranked low in quantity and quality of its infrastructural provision which has a great impact on the ease of business transaction. Low investments in transportation have brought about the current infrastructural deficit. Recently, the Nigerian government has made effort to address at least to some extent the infrastructural deficit through Public-Private Partnership, but this has not yielded the desired result. Moreover, the sustainability issues relating to railway projects such as, emissions, noise pollution, ecosystem, and other environmental issues calls for urgent attention. Hence, this necessitated consideration on sustainability appraisal for the Chinese rail project in Nigeria. This study reviews sustainability of railway projects built by the Chinese firm in Nigeria with particular emphasis on the environmental and social impact of these projects. The study further identified issues and challenges in project implementation with a particular focus on civil dialogue and community engagements. A detailed literature search was conducted on railway projects and infrastructure by systematically reviewing selected published articles.The analysis of the selected articles identified sustainability issues and potential for improvement of Chinese railway projects and how they contribute to or inhibit competitiveness in the Nigerian railway market. From the literature searched, some of the projects constructed by Chinese firm revealed that there is economic and social impact of railway projects delivered by the Chinese firm in terms of capacity development and knowledge transfer potentiality. For instance, in the just concluded Lagos-Ibadan railway projects, the study gathered that the project brought about 5000 jobs and local staff were trained by the Chinese company, this will boost man power and local content capability. Also, it will significantly improve Nigeria's infrastructure and boost its economic development. The study suggests that Nigerian government should ensure and provide an enabling environment that is conducive for investment on the continent. Peace, improved security, and decent governance are the best conditions for sustainable transportation growth.

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Identification and Effect Analysis of Risk Factors for Build Transfer Lease Projects (BTL민간투자사업의 리스크 식별 및 영향도 분석에 관한 연구)

  • Jung, Jung-Man;Park, Young-Min;Kim, Soo-Yong
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.1 s.35
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    • pp.47-56
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    • 2007
  • The Build-Transfer-Lease(BTL) system is a new way of attracting private capital to social infrastructure construction projects. Private companies will get back their investment by leasing facilities to the government. In January 2005, government introduces a 'Korean New Deal Policy' to initiate BTL system in the field of social infrastructure development such as education, public welfare, housing, culture etc. As BTL being still in premature phase, thus it is lack of knowledge in BTL and there is no such studies about problems and impacts of BTL projects. However, there could be so many problems underlying within BTL projects. Therefore, the purpose of this paper is to identify various risk factors during implementation of BTL projects. For this purpose, five BTL undertaking projects were studied. Field survey was conducted based-on interview instruments. Prevailing risk factors in operating the BTL Project were collected from the both officials of project promoters and concessionaires. In addition, a distinct need has emerged for analysis of risk factors for BTL projects. Based on real cases, this study resulted in risk factors influencing every phases and grouped risk factors into each phase. Moreover, this study also perform sensitivity analysis in order to know how risk factors affect to BTL projects. From analyzing the data, the study addresses that both major BTL project participants 'the competent authority' and 'Special purpose company(SPC)' have many problems and difficulties to operate the projects.

Policy for Establishment of Green Infrastructure (녹색 인프라 구축을 위한 정책)

  • Park, Jae-Chul;Yang, Hong-Mo;Jang, Byoung-Kwan
    • Journal of the Korean Institute of Landscape Architecture
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    • v.40 no.5
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    • pp.43-50
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    • 2012
  • The Green Infrastructure Framework refers to an interconnected network formed by greenways that links gardens, parks, green spaces, streams, wetlands, agricultural lands, and green belts. Green infrastructure supports diverse functions to environment, provides various benefits to people, and helps in the community's health and viability. It can store stormwater runoff and abate its non-point source pollutants. Due to its advantages and profits, advanced countries in environment policies have adopted green infrastructure in planning and implementing urban and regional development. The Korean government and municipalities have focused upon grey infrastructure investment in the past, which causes occurrence of natural disasters such as draught, flood, and landslides, degradation of water and air quality, decline of biodiversity, and even inhibition of economic activities. In order to alleviate these problems, it is requested to formulate and implement policies for green infrastructure at the national government level. USA and Korean situation of green infrastructure were investigated; forty components of green infrastructure were drawn. Nine policies utilized in the USA cases were identified, which are applicable to Korea. Among them, five policies can be implemented in public sector and four in private one. The green infrastructure law needed in Korea was suggested. The amendments of laws regarding green infrastructure and alternatives expending it were proposed.

Political Approach to Creative Improvement of Resources Technology: Domestic Resources Development Industry (우리나라 자원기술의 획기적 증진을 위한 정책적 접근: 국내 자원개발산업)

  • Lee, Ok-Sun;Lee, Jae-Wook;Kim, Seong-Yong;Choi, Seon-Gyu;Ahn, Eun-Young
    • Economic and Environmental Geology
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    • v.41 no.5
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    • pp.541-549
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    • 2008
  • Though the demand of a leading role of resources technology and fosterage of the resources industry has increased in Korea, it is difficult for the existing investment and management of its R&D to lead to be the same level of those in more advanced countries within a short period. Therefore, in order to strengthen the resources technology system it needs to set up systematic plan or strategy, to resolve shortage of professional human forces, and to expand the investment of private technology development. In this study, we suggest the concept redefinition of resources technology and resources development industry, the establishment of expanded R&D investment system, to offer professional human forces and to reestablishment of the infrastructure for creatively improving resources technology.