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Public-Private Partnership (PPP) in Korea

Related Document
Frame of Image vices”: European Investment Bank • “Arrangement where a private party delivers infrastructure services under a concession agreement”: Asian Development Bank • “Agreement between the government and one or more private partners (which may include the operators and the financiers)”: OECD
2
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Spectrum of Public and Private Participation ¡ Where does accountability for public services delivery lie ?
100% 100%
Government Risk
Private Risk
0% Complete Government Production and Delivery Public Procurement PPP (PFI) PPP (Concessions) Privatization
0%
Source: OECD (2008), Public-Private Partnerships: In Pursuit of Risk Sharing and Value for Money. 3
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Procurement Schemes: Comparison
Build-Transfer-Operate (BTO)
Build-Transfer-Lease (BTL)
Private Sector (SPC)
Provides Services Grants Operational Rights Provides Services
Private Sector (SPC)
Grants Operational Rights/ Pays Government Payment
Pays User Fee
Transfers Ownership
Transfers Ownership
End-user
Government
End-user
Pays User Fee (If necessary)
Government
4
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Procurement Schemes: Characteristics
Build-Transfer-Operate (BTO) Investment Recovery Project risk Return Examples User fees Construction subsidy (former) MRG Demand risk on concessionaire High risk, high return Roads, seaports, railways, etc. Both solicited and unsolicited projects In developing countries Build-Transfer-Lease (BTL) Lease payment (Fixed Revenue) Little demand risk on concessionaire


Full Text
Title Public-Private Partnership (PPP) in Korea
Similar Titles
Material Type Proceedings
Author(English)

Lee, Jongyearn

Publisher

Sejong, South Korea : KDI School of Public Policy and Management

Date 2017-07
Event

Capacity building Program for Afghanistan Officials in Public Private Partnership

Event [Workshop] Capacity building Program for Afghanistan Officials in Public Private Partnership
Pages 38
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Economic Administration
Industry and Technology < Construction
Holding KDI School of Public Policy and Management
License