• Title/Summary/Keyword: a private infrastructure project

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Research on the Strategies of Korean construction companies in advancing into the US infrastructure market : Focused on PPP projects

  • Kim, Hwarang;Kim, Doyeob;Jang, Hyounseung
    • International conference on construction engineering and project management
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    • 2017.10a
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    • pp.235-241
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    • 2017
  • SWOT-AHP method was utilized in the research for the Korean construction companies to advance into the US PPP market. The research was that the SO Strategy ": Advancing through strategic selection of both construction sector type and region", ST Strategy "Advancing based on the acquired competitive business sector", WO Strategy "Developing collaboration model between public financial organization and construction company", and WT Strategy "Establihing a partnership or M&A with local companies".

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A Study on the Regeneration Policies of an Old Industrial Area in Metropolis : A Case of Sasang Industrial Area (대도시지역 노후공업지역 재생정책 방향에 관한 연구 : 사상공업지역을 중심으로)

  • Kim, Gyeong-Su
    • Journal of the Korean Association of Geographic Information Studies
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    • v.17 no.4
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    • pp.144-155
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    • 2014
  • The industrial areas including large industrial complexes formed by the process of the growth-oriented industrialization in the past have been attributed to worsening the urban competitiveness of cities due to their infrastructure shortages and aging. Government-led regeneration projects for old industrial complexes have been implemented on a trial basis, but there is a problem with applying a uniform regeneration planning to all the regional industrial complexes with different circumstances and physical environments. In this context, this study diagnosed the social conditions and physical characteristics of the Sasang industrial area in the city of Busan formed by private-led projects in the past and then tried to suggest its regeneration directions. The study area was characterized as its weakening industrial function, infrastructure shortage, and increasing development pressure. Based on these regional characteristics, the regeneration directions were suggested. In the planning phase, pubic-led infrastructure expansion is first needed and urban renewal needs to be applied to some areas designated as priority maintenance areas. In the implementation phase, stepwise projects are required in the medium to long term and it is important to build upon the consensus with private companies through establishing collaborative governance.

A study on the effective operation&selection of the BTL project (BTL사업자의 효율적인 선정 및 운영에 관한 연구)

  • Kim, Kyung-Suk;Choi, Moon-Bok;Cho, Young-Ju
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.599-602
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    • 2007
  • To enhance the competition of National power, the investment of SOC is an essential factor for infrastructure construction. The capital for SOC is so gigantic and the national finance is limited, engagement of various subject is necessary. So, Government is promoting the private sector to invest capital in SOC development. Nevertheless the increasement of SOC investment, various problems were issued in selection & operation of BTL. Therefore, to raise the probability of success for BTL project, escalation, unification and specialization of BTL affairs, BTL selection process were suggested in this study.

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Enterprise Customized National Infrastructure & Strategy Industry Job Training Participants Recognized Analysis of Demands for Project Classes and Improvement Plan (기업맞춤형 직업훈련 학습자의 프로젝트 수업에 대한 인식 및 요구 분석 연구)

  • Lee, Sookyung;Kim, Bom-I;Park, Yeonjeong
    • Journal of Practical Engineering Education
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    • v.13 no.2
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    • pp.379-392
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    • 2021
  • In recent years, vocational training has shifted away from lectures and practice-oriented methods in light of rising demand for project-based classes in which trainees can produce results while simultaneously receiving feedbacks from field experts from the industry. Therefore, this study aims to suggest a salient role of the project-based classes of enterprise-customized training programs, which private vocational training institutions regard as vital, by identifying demands from trainees or the actual beneficiaries of these programs. To this end, a written survey of the trainees' perception of the enterprise-customized training programs was conducted along with a qualitative analysis of open-ended questions. Specifically, we analyzed the overall satisfaction level of these classes, their contribution to employment, degree of meeting the expectations, and areas for improvements to ultimately derive significant implications.

An Extraction and Analysis of Problem Areas for BTL Projects from the Practical Perspective (실무적 관점에서의 BTL사업 문제영역 도출 및 분석)

  • 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.157-166
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    • 2013
  • Unlike conventional BTO(Build-Transfer-Operate) projects, this BTL project aims at fixing the financial deficiencies of the government and expanding infrastructure through private capital. It allows the government to attract private capital for the construction of public facilities such as schools and social welfare agencies for whom private users don't need to pay, thereby bolstering national finance. BTL projects are causing a variety problems in progress. Therefore, we are required a practical approach to can improving a variety problems. In this study, we were derive the problem areas as follow. First, research data on the problem of domestic BTL projects, Second, high-performing foreign data analysis than domestic. And, we were analyzed to systematic management method for problem areas by using affinity techniques, matrix comparison analysis, AHP technique. Results of this study are expected provide management standards through real problem areas and the analyzing of relatively importance.

Social Capital Formation Model in the Resident Participation Greening Projects - For the Greening Project of the Living Area in Seoul - (주민참여형 마을녹화사업의 사회적 자본 형성 모형 - 서울시 생활권녹화사업을 대상으로 -)

  • Lee, Ai-Ran;Cho, Se-Hwan
    • Ecology and Resilient Infrastructure
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    • v.5 no.1
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    • pp.35-44
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    • 2018
  • Social, economic and environmental problems caused by rapid urbanization have been recently overcome by various civic participation projects. Local governance and resident - led partnership through field - based cooperative operating systems from urban regeneration to village projects are considered success factors. Among these, the village greening project which directly affects the residents and requires spontaneity requires the role and cooperation of the various participating actors due to the sharing of public space and private space. Social capital plays a key role in the sustainability and participation of the above - mentioned business as a relational capital centered on trust and participation, network and norms. Therefore, empirical research is needed. In this study, basic research was carried out to build a formation model of social capital in participation - type greening project expanding urban green space system to living area. We analyzed the elements of participation, the components of business progress, and the factors of social capital formation through literature review and in - depth interviews with participating experts. The purpose of this study is to provide basic data of social capital formation model for analyzing sustainability and activation strategies in the future.

A Study on Normal Project Duration for Water Resource Project (수자원시설 건설공사 표준공기 산정을 위한 기초연구)

  • Lee, Bongsu;Kim, Kinam;Lee, Minjae
    • Korean Journal of Construction Engineering and Management
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    • v.16 no.1
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    • pp.35-43
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    • 2015
  • It is important to have enough design and construction duration for infrastructure projects. However, recent water resource project in Korea shows several problems caused by their fast-tract schedule. National Audit Committee report several water resource projects have quality problems caused by insufficient project duration. Especially, water resource projects such as dam and water pipeline construction should have proper time to secure their structure quality. Normal project duration for these projects should be estimated based on previous similar projects' historical data analysis. However there is no standard model which can estimate normal project duration for water resource projects in Korea. There are several normal project duration estimation models for building project developed by public(LH) and private construction companies. However, there is no proper model for water resource projects. So, this study developed normal project duration model for dam and water pipeline projects using historical data and show application of models.

A Value-For-Money Model of BTL Projects for Educational Facilities (교육시설 BTL 사업의 투자가치 평가모형 구축)

  • Kim, Jang-Young;Son, Ki-Young;Kook, Dong-Hoon;Kim, Sun-Kuk
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.87-91
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    • 2006
  • After reformation of 'the law of private investment on social infrastructure' on January 2005, BTL of educational facilities can improve the education circumstance at early stage, however there are trial and error, problems of execution as well. The key of this problem is not only related to whether BTL project is more reasonable, but it also leads to the proper performance of eligibility analysis on BTL. Therefore, it lead to the proper carryout of eligibility analysis on BTL. In order to promote effective BTL project of educational facilities, this study analyzes problems of existing model and creates the evaluation model for solving this problem. In this study, the evaluation model of investment on BTL has more quick ,accuracy and useful effect than previous one, if it is applied on eligibility stage. Moreover, this method could be applied to public building, SOC facilities effectively based on being modified as each characteristics of structure suitably.

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A Study on the Financing Methods and Risk Management for Expansion of Overseas Investment Infrastructure Projects (해외투자개발형 인프라사업 확대를 위한 금융조달 및 위험관리 방안)

  • Jung, Chang-Go
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.37 no.2
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    • pp.427-435
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    • 2017
  • Korea's overseas construction awards reached US $750 bn for more than 50 years since it first entered the market in 1966. In particular, the company won US $540 bn over 10 years from 2007, achieving 72% of the total contracts. However, in recent two years, awarded amounts have decreased by 40% each year. The most significant decline is due to the impact of international oil prices, which have plummeted since end of 2014, as oil-producing nations, which are Korea's major target countries, are struggling to cancel or postpone infrastructure orders. In order to lessen the impact of raw material price fluctuations, the recent trend is that even countries with relatively loose government financing conditions are rapidly changing their ordering methods to investment development forms such as PPP. The Korean government and companies have been already preparing for this for several years, but they are still not doing so well. The main reason is the lack of understanding about the investment development type project, especially financing methods and the aggravated fear of exposing it to various risks due to the characteristics of the development project, which takes a long time to collect the investment. In this paper, I propose a more systematic solution to financial process and risk management, which is recognized as a obstructive factor for Korean companies, in line with the recent government-led establishment of overseas infrastructure development support organizations. I would like to serve as a investment guide.

Technology Commercialization Model of Public R&D Based on Living Labs (리빙랩을 활용한 공공연구개발의 사업화 모델 도출)

  • Song, Wichin;Jeong, Seohwa;Han, Kyu-young;Seong, Jieun;Kim, Jongseon
    • Journal of Korea Technology Innovation Society
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    • v.20 no.2
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    • pp.458-486
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    • 2017
  • This article suggests Living Lab approach as a technology commercialization model of public research and development (R&D) projects. Living Lab is a model for end-users, private companies, research institutes, and public organizations to develop technology in a living space which works as a laboratory. Unlike the dominant technology commercialization model which focuses on private enterprises, a new living lab model discusses end-user centered commercialization. Based on general living lab model, three types of technology commercialization model are suggested. The 'Demand exploring type living lab' and the 'Problem solving type living lab' are project-based living lab. The other type of living lab is 'Living lab platform'. The projectbased living lab can be utilized as modules when promoting R&D projects. On the other hand, the living lab platform is infrastructure to provide living labs services to companies, public institutes and municipalities.