Korean economy has plunged into a deep recession with the financial crisis in the late 1997. The government has taken major economic reforms in financial an d business sectors. The economic restructuring affect significantly Private Participation in Infrastructure(PPI) and opening the economy accelerated by the crisis.
PPI, although it was en acted in 1994, has not been activated. The study is intended to propose new initiatives in PPI, after reviewing all the problems behind the PPI system in Korea.
New initiatives, aimed to facilitate private investment at home and from abroad, consist of several p arts of the alternatives in project selection process, financial conditions, risk hedging, establishment of private capital project implementation body.
Private investment should be allowed in all infrastructure facilities. Classification into primary and secondary facilities should be eliminated. Only the facilities whose owner ship will be reverted to the government should be publically announced. (The rest omitted)
- 경제구조조정에 따른 민자유치 제도개선 방안(New initiatives in private participation in infrastructure under the economic restructuring)
- 이규방; 김민철
경제구조조정에 따른 민자유치 제도개선 방안(New initiatives in private participation in infrastructure under the economic restructuring)
|Series Title; No||국토연 / 98-27|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Economy < Financial Policy
Territorial Development < National Land Development