• Title/Summary/Keyword: SOC Project

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An Improvement Method through Build-Transfer-Lease (BTL) Problem Analysis from the Special Purpose Company (SPC) Perspective (SPC 관점에서의 BTL사업 문제점 분석을 통한 개선방법)

  • Kim, Soo-Yong;Son, Myung-Chan;Yang, Jin-Kook
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.3
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    • pp.167-175
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    • 2013
  • In 2005, the government introduced BTL(Build-Transfer-Lease) projects as one of the methods of private investment in infrastructure. In a BTL project, a private company builds a public facility and leases it to the government to withdraw its invested capital. But there appear several problems with it due to a short period of preparation and lack of experiences. Specifically, private companies that plan to participate in this project have to take a risk since serious problems are likely to take place because of unrealistic estimation of construction costs, etc., and they finally avoid participating in this project. A case study was made over advanced countries, Japan and the United Kingdom, to find out how to resolve the problems, and rational 7 improvement method were presented from a perspective of Special Purpose Company (SPC), which could be accepted by both of SPC and government agencies. The findings of the study are expected to provide workable solutions to BTL projects from a standpoint of private companies to facilitate the rational improvement of BTL projects, and this study is ultimately expected to stimulate the active participation of SPC to make a contribution to the vitalization of domestic BTL projects.

The Study for an Improved Methodology of Rail Investment Rating System (철도투자평가체계 개선방안의 고찰)

  • Roh, Byoung-Kuk;Kim, Young-Bea;Jin, Hak-Ki
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.2192-2204
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    • 2011
  • Recently, The government is actively transit road-oriented Traffic System to the eco-friendly and high-efficiency railroad-oriented transportation system for the sustainable green growth. The second plan of Nationwide Railway Network which has been officially announced rearrange to integration, multi-core, open architecture country by the railway network and integrate to the one mega city that rink an important city in one hour 30 minute. But the railroad industry is disadvantageous when it compares with the road industry on the ground that railroad industry peculiarities(a cost-benefit analysis, an environment value, etc) have not reflected in the (preliminary) feasibility study for SOC industry. The government establish Improved methodology of Rail Investment Rating System and improved preliminary feasibility study in railroad project by introduction many content(analysis periods, rate of discount, the benefits of shortening of transit hours, the estimation of traffic accident reduction benefits, investment cost of vehicle substitution and operation and maintenance cost of high speed rail) about the Improved methodology of Rail Investment Rating System. This study is intended to consideration the key content that was included in the Improved methodology of Rail Investment Rating System. In addition, the points to be considered for additional study have been reviewed in this study. We hope we will carry out make a reasonable and objective Rail Investment Rating System and to perform the railway industry of the virtuous cycle such improvement plans are reflected at a hereafter railroad section.

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Development of the Deterioration Models for the Port Structures by the Multiple Regression Analysis and Markov Chain (다중 회귀분석 및 Markov Chain을 통한 항만시설물의 상태열화모델 개발)

  • Cha, Kyunghwa;Kim, Sung-Wook;Kim, Jung Hoon;Park, Mi-Yun;Kong, Jung Sik
    • Journal of the Computational Structural Engineering Institute of Korea
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    • v.28 no.3
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    • pp.229-239
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    • 2015
  • In light of the significant increase in the quantities of goods transported and the development of the shipping industry, the frequency of usage of port structures has increased; yet, the government's budget for the shipping & port of SOC has been reduced. Port structures require systematically effective maintenance and management trends that address their growing frequency of usage. In order to construct a productive maintenance system, it is essential to develop deterioration models of port structures that consider various characteristics, such as location, type, use, constructed level, and state of maintenance. Processes for developing such deterioration models include examining factors that cause the structures to deteriorate, collecting data on deteriorating structures, and deciding methods of estimation. The techniques used for developing the deterioration models are multiple regression analysis and Markov chain theory. Multiple regression analysis can reflect changes over time and Markov chain theory can apply status changes based on a probabilistic method. Along with these processes, the deterioration models of open-type and gravity-type wharfs were suggested.

A Study on Applying Information Framework for BIM Based WBS -Focusing on Civil Construction- (BIM기반의 WBS 구축을 위한 정보프레임워크 도입방안 연구 -토목사업의 적용을 중심으로-)

  • Nam, Jeong-Yong;Jo, Chan-Won;Park, So-Hyun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.18 no.11
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    • pp.770-777
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    • 2017
  • Building information modeling (BIM) has been receiving attention as an integrated information model instead of CAD since the 2000s. BIM technology was first used in the architectural field and was later introduced to the civil engineering field. However, the government announced a plan for the application of BIM to 20% of all SOC projects from 2020, so the adoption of BIM technology is expected to accelerate. In order to successfully adopt BIM, a systematic structure should be supported for integrated design information and implementation technology. Also, it is important to establish the relationship between information systems because many complicated factors are intertwined in the construction industry. In this study, we propose a framework for constructing integrated information through identifying the information relations for introducing BIM in the civil engineering industry. We applied this framework to a bridge project to confirm its effectiveness. This study can be applied to the integrated management of the construction process and costs by introduction of a work breakdown structure (WBS) to BIM. In addition, this study is expected to contribute to the adoption of BIM in the civil engineering field through the proposal of information system standardization in this field.

A Survey on the Persons in Charge for Economic Estimation Analysis and Improvement of BTL Projects (BTL사업의 경제성 평가 현황조사 및 개선을 위한 실무자 설문조사연구)

  • Lee, Chun-Kyong;Cho, Bong-Ho;Park, Tae-Keun
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.4
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    • pp.73-80
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    • 2007
  • As BTL(Build-Transfer-Lease) private investment business benchmarking PHI(Private Finance Initiative) of USA and Japan is introduces to Korea since 2005, as a part of supplying high leveled public service and early expanding required facilities for SOC, Value for Money on private investment business from treasury investment business at the beginning gets to be needed. Accordingly, this survey has been conducted in order to analyse BTL projects status, propriety of economic analysis method(VFM analysis, calculation of estimated business expenses, valuation of bidding price, etc.) by business advance phases from the viewpoint of person in charge, necessity of improvement and alternative plants. As the result of conducting cross tabulation analysis and correlation analysis by occupational group, BTL project advance phases and alternative plans for improvement, it is necessary ye prepare standardized service level against business expense and basis for calculating and evaluation operation expenses. Based on the necessity of quantitative analysis (LCC analysis) of VFM, standard for calculating management, maintenance and administration expenses is required. In addition, reliable economic valuation system considering domestic BTL environment should be setup, for business efficiency.

A Survey and Study on Operator's Awareness for a Suggestion of Policy for Revitalization of Small Libraries in Gwangmyeong City (광명시 작은도서관 활성화 정책 제안을 위한 운영자 인식조사 연구)

  • Choi, Man-Ho;Noh, Younghee;Kim, Yoon-Jeong
    • Journal of the Korean Society for information Management
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    • v.38 no.1
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    • pp.1-23
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    • 2021
  • Small libraries have continued to be extended since 2013 enactment of regulations requiring establishment of small libraries in multi family housing complex not less than 500 households and the 'Living SOC Project' of national government. Gwangmyeong city designated the year of 2020 as the 'year of citizen autonomy' sharing the authority with citizens and publicly announced its plan to rapidly extend the living and cultural spaces as a part of that extension. Likewise, as the social environment and the need of users are expected to change, it seems that the small libraries in Gyangmyeong City must prepare a plan for practicing a long and mid term practices in responding to that change. Thus, this Study tries to make a suggestion for a plan for the policy for revitalization of small libraries in order to handle those changing social environment and the need of users. For this, a survey and in-depth group interview were conducted for the operators of the small libraries in Gyangmyeong City. As a result of this Study, the following policies are suggested: first, improvement of support system for improving operational system, strengthening of cooperative system of public libraries, and strengthening of role of public small libraries, strengthening of public characters of private small libraties and differentiated support through evaluation based on abilities; and second, it is necessary for utilization of circulating librarians and professional volunteers, sharing of materials through mutual lending of books, associate librarians having term of office and revitalization of small library conference by regions.

Methodology for Prioritizing Sidewalk Construction among 100 Candidate Sites on Rural National Highways (지방부 국도에서의 보도설치 우선순위 결정을 위한 방법론 개발 (일반국도 적용사례 중심으로))

  • Jeon, Woo Hoon;Yang, Choong Heon;Yoon, Jung Eun;Yang, Inchul
    • International Journal of Highway Engineering
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    • v.17 no.4
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    • pp.127-133
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    • 2015
  • PURPOSES: The purpose of this study is to develop a methodology to prioritize sidewalk construction on rural national highways. METHODS : In order to determine an appropriate prioritization for sidewalk construction, we developed a specific methodology. The proposed methodology includes three main steps: 1) Analytic Hierarchy Process (AHP) methods, 2) Subjective evaluation of relevant road agencies for the candidate sidewalks along rural national highways, and 3) Field study conduction. Each step has four phases. The primary feature of this methodology is the addition of expert consultation and survey data, as well as a field study. In addition, the method could guarantee flexibility in selection for evaluation criteria. As a result, the proposed methodology could be used as a general procedure for application to other roadway classifications when considering sidewalk construction. RESULTS: In order to demonstrate the reasonableness of the proposed methodology, a case study was performed for exactly 100 candidate sites for sidewalk construction on rural national highways. All required evaluation scores were properly produced for each candidate site. By doing so, decision-makers can determine the priority for sidewalk construction at these sites by reviewing quantitatively and qualitatively considered data. CONCLUSIONS: The results of the case study can be applied to a long-term fundamental plan for sidewalk construction on rural national highways. Furthermore, this methodology could be employed to prioritize a small-scale SOC project(e. g. bicycle or pedestrian roads).

A Long Term Effect Prediction of Radioactive Waste Repository Facility in Gyeongju (경주시에 대한 중저준위 방사성폐기물처분장 건설 프로그램의 장기적 효과)

  • Oh, Young-Min;Jung, Chang-Hoon
    • Korean System Dynamics Review
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    • v.9 no.2
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    • pp.105-128
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    • 2008
  • City of Gyeongju's referendum finally offered the long-waited low-level radioactive waste disposal site in November 2005. Gyeongju's positive decision was due to the various economic rewards and incentives the national government promised to the city. 300 billion won for an accepting bonus, the location of the headquarter building of the Korean Hydro and Nuclear Power Co., and the accelerator research center and 3.25 trillion won for supporting regional development program implementation. All of the above will affect the city's infrastructure and the citizens' economic and social lives. Population, land use, economic structure, SOC and quality of life will be affected. Some will be very positive, and some will be negative. This research project will see the future of the city and forecast the demographic, economic, physical and environmental changes of the city via computer simulation's system dynamics technique. This kind of simulation will help City of Gyeongju's what to prepare for the future. The population forecasting of the year 2046 will be 662,424 with the waste disposal site, and 327,274 without the waste disposal site in Gyeongju. The waste disposal site and regional supporting program will increase 184,246 Jobs more with 1,605 agriculture and fishery, 5,369 manufacturing shops and 27,577 shops. The population increase will bring 96,726 more houses constructed in the city. Land use will also be affected. More land will be developed. And road, water plant and waste water plant will be expanded as much. The city's financial structure will be expanded, due to the increased revenues from the waste disposal site, and property tax revenues from the middle-class employees of the company, and the high-powered scientists and technologists from the accelerator research center. All in all, the future of the city will be brighter after operating the nuclear waste disposal site inside the city.

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Development of Road Tunnel Ventilation System with Electrostatic Precipitator (도로터널용 전기집진시스템 개발)

  • Kim, Jong-Ryul;Weon, Jong-Oung
    • Proceedings of the SAREK Conference
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    • 2008.11a
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    • pp.80-83
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    • 2008
  • As SOC (Social Overhead Capital) has been expanded, the highway road construction has been accelerated and city road system has been more complicated. So, long road tunnels have been increased and traffic flow rate also has been raised. Accordingly, the exhausting gas of vehicle cars seriously deteriorates the tunnel inside air quality and driving view. In order to improve tunnel inside air quality, we may need to introduce a compulsory ventilation system as well as natural ventilation mechanism. The natural ventilation mechanism is enough for short tunnels, meanwhile longer tunnels require a specific compulsory ventilation facility. Many foreign countries already have been devoting on development of effective tunnel ventilation system and especially, some European nations and Japan have already applied their developed tunnel ventilation system for longer road tunnels. More recently, as the quality of life improved, our concerns about safety of driving and better driving environment have been increased. In order to obtain clearer and longer driving view, we are more interested in EP tunnel ventilation system in order to remove floating contaminants and automobile exhaust gas. Evan though it's been a long time since many European countries and Japan applied more economical and environment-friendly tunnel ventilation system with their self-developed Electrostatic Precipitator, we are still dependant on imported system from foreign nations. Therefore, we need to develop our unique technical know-how for optimum design tools through validity investigation and continuous possibility examination, eventually in order to localize the tunnel ventilation system technology. In this project, we will manufacture test-run products to examine the performance of system in order to develop main parts of tunnel ventilation system such as electrostatic precipitator, high voltage power generator, water treatment system, etc.

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How to improve the governance for PPPs on special purpose facilities in Korea - based on the UK PFI failure case study - (특수목적 시설 민간투자사업 거버넌스 개선 방향 -영국 국립물리연구소 실패 사례 분석을 중심으로-)

  • Choi, Seok-Joon;Lee, Ji-Hae
    • Korean Journal of Construction Engineering and Management
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    • v.12 no.2
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    • pp.32-40
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    • 2011
  • The PPPs(public private partnerships) which was introduced in the later part of the 1990s has grown since 2005, with the beginning of BTL(Build Transfer Lease) type which retrieves the investment by receiving the lease payment from the government. As application areas and scale of the PPPs have been further expanded, it is expected the demand on special purpose facilities will be increased. We do know only successful foreign practices of the PPPs but have rarely consider the failure cases. Therefore, this paper derives implications by analyzing the case of National physical laboratory project which is known as a typical failure case of UK's PFI. We find that from the perspective of governance, the reasons leading to the failure of business are an insufficient of technical rationality, unsettled social relationships and inefficient risk management. Based on the case study, this study shows how to improve management system for special purpose PPPs business in Korea.