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Improving the investment environment through Infrastructure development : Transport infrastructure development and financing

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Frame of Image licy and Management
Asia-Pacific Finance and Development Center, The World Bank; KDI School of Public Policy and Management; Institute of Financial Training, Vietnam Ministry of Finance; and Tokyo Development Learning Center
CONTENT
I. Introduction: Transport Infrastructure II. Korean Experience: Failed Projects III. Summary
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Introduction: Transport Infrastructure
l Directly affecting economic activities l Affecting land use and social interactions l Necessary for a country to be competitive in world markets
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Transport Infrastructure for Economy l Transport Infrastructure contributes to economy: - by increasing productivity; and - by providing amenities (the quality of life). l Contributions of transport infrastructure derive not from the existence or creation of the physical facilities but from their operation and the value of the services generated l Transport Infrastructure services benefit households by providing for economic welfare(access to jobs, health, education etc.)
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CONTENT
II. Korean Experience of Failed PPP Projects
- Urban LRT Systems - PPP (BTL) Highways
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Failed Transport Infrastructure Projects • In 1994, PPP projects were introduced in Korea to reduce government’s capital budget, to improve efficiency, to induce capital and creativity from private sector. • Since 1995, Korean government achieved about US$ 67 billion worth of contracts with private sector and executed US$34.4 billion value of projects. • However, despite higher priced toll for private sec


Full Text
Title Improving the investment environment through Infrastructure development
Similar Titles
Sub Title

Transport infrastructure development and financing

Material Type Proceedings
Author(English)

Oh, Byungho

Author(Korean)

오병호

Publisher

Seoul:KDI School

Date 2012-06
Series Title; No Improving the Investment Environment through Infra / Session 2
Pages 24
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Financial Policy
Territorial Development < Transport/Logistics
Holding KDI School

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