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박홍기(Park Hong-Kee),박용걸(Park Yong-Gul),염동신(Yeum Dong-Shin),이익수(Lee Ik-Soo) 한국철도학회 2004 한국철도학회 학술발표대회논문집 Vol.- No.-
The private investment on the SOC facilities is a worldwide tendency since it can supplement the insufficient investment of public finance in the construction of infrastructures. After the formulation of private investment law, private sector"s investment on roads, harbors and environmental facilities are being progressed considerably. However, railway construction by private sector is not active comparing to the former areas because of huge investment for construction but relatively low and unpredictable benefit in operation. This paper reviews the financial, social and institutional aspects on the private investment for SOC projects, especially railway projects. Also, this paper tries to find the desirable way to expedite the private investment on railway projects. Conclusively, the paper propose that the private sector in railway projects is better constituted with financial investor and the private financing could be activated and settled if a stable minimum benefit on their investment being ensured institutionally, for example, by BTL.
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