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A case study on the legal framework and financing of transport infrastructure

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Title A case study on the legal framework and financing of transport infrastructure
Similar Titles
Project Category Development Cases
Material Type Reports
Author(English)

Park, Jee-hyung

Publisher

Seoul:KDI School of Public Policy and Management

Date 2012
Project Development Cases
Series Title; No Knowledge Sharing Program: KSP Modularization
ISBN 978-89-93695-67-0; 978-89-93695-27-4
Pages 164
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Territorial Development < Transport/Logistics
Holding KDI School of Public Policy and Management
Supervisor KDI School of Public Policy and Management
Organizer Ministry of Strategy and Finance; The Korea Transport Institute
Sponsor Ministry of Strategy and Finance
Project Term 2011-01-01 ~ 2011-12-31

Abstract

The country’s transport infrastructure is ranked above the mid-level among the OECD countries. South Korea has drastically developed its transport infrastructure in a very short time since the second half of the 1960s. This drastic transport system development has boosted the capacity of carrying passengers and cargo, further propelling the country’s economic growth.
Korea’s remarkable transport system development contributed greatly to the country’s economic growth by expanding the passenger and cargo carrying capacities of the nation’s transport facilities. Such drastic transport infrastructure development is attributed to efforts to develop a comprehensive transport system closely integrating all modes of transport. For transport development, the fundamental transport plan, known as the Twenty-Year Key National Transport Network Plan, and its execution and five-year plans were formulated. To achieve the goals and strategies stipulated in these plans, master transport development plans for roads and railroads are devised, upon which the implementation of transport investment is based. (The rest omitted)