@article{ART001876937},
author={이재오 and Hwang, Taik Jean and KANG JEONG GYU},
title={A Study on Application of Minimum Cost Support for Financial Re-structuralization of Act on Private Participation in Infrastructure},
journal={Public Land Law Review},
issn={1226-251X},
year={2014},
volume={65},
pages={293-310}
TY - JOUR
AU - 이재오
AU - Hwang, Taik Jean
AU - KANG JEONG GYU
TI - A Study on Application of Minimum Cost Support for Financial Re-structuralization of Act on Private Participation in Infrastructure
JO - Public Land Law Review
PY - 2014
VL - 65
IS - null
PB - Korean Public Land Law Association
SP - 293
EP - 310
SN - 1226-251X
AB - Korea government introduced MRG (Minimum Revenue Guarantee) which minimizes risk of private participation in infrastructure (PPI). However, This policy has been criticized for heavy burden of government. Subsequently, This system gradually decreased and finally MRG was abolished in October, 2009. Since then, Investment Risk Sharing replaced MRG and It is only for government announced PPI. Currently, Therefore BTO Project is declining substantially.
In this study, in order to explore the ways in which improve feasibility of financial structure for PPI Project, 3 PPI Projects that are constructed under the MRG are analyzed. Furthermore, MCS (Minimum Cost Support) that allows minimum cost of private participation in infrastructure is proposed upon development of SCS (Standard Cost Support) which is widely being used for re-structuralization of PPI Project by centering on Investment Risk Bearing, Investment Risk Management System in domestic PPI Projects. Lastly, Re-structuralization measurements are analyzed and proposed effects.
KW - Private Participation in Infrastructure;Minimum Revenue Guarantee;SCS: Standard Cost Support);MCS: Minimum Cost Support;Re-structuralization
DO -
UR -
ER -
이재오, Hwang, Taik Jean and KANG JEONG GYU. (2014). A Study on Application of Minimum Cost Support for Financial Re-structuralization of Act on Private Participation in Infrastructure. Public Land Law Review, 65, 293-310.
이재오, Hwang, Taik Jean and KANG JEONG GYU. 2014, "A Study on Application of Minimum Cost Support for Financial Re-structuralization of Act on Private Participation in Infrastructure", Public Land Law Review, vol.65, pp.293-310.
이재오, Hwang, Taik Jean, KANG JEONG GYU "A Study on Application of Minimum Cost Support for Financial Re-structuralization of Act on Private Participation in Infrastructure" Public Land Law Review 65 pp.293-310 (2014) : 293.
이재오, Hwang, Taik Jean, KANG JEONG GYU. A Study on Application of Minimum Cost Support for Financial Re-structuralization of Act on Private Participation in Infrastructure. 2014; 65 293-310.
이재오, Hwang, Taik Jean and KANG JEONG GYU. "A Study on Application of Minimum Cost Support for Financial Re-structuralization of Act on Private Participation in Infrastructure" Public Land Law Review 65(2014) : 293-310.
이재오; Hwang, Taik Jean; KANG JEONG GYU. A Study on Application of Minimum Cost Support for Financial Re-structuralization of Act on Private Participation in Infrastructure. Public Land Law Review, 65, 293-310.
이재오; Hwang, Taik Jean; KANG JEONG GYU. A Study on Application of Minimum Cost Support for Financial Re-structuralization of Act on Private Participation in Infrastructure. Public Land Law Review. 2014; 65 293-310.
이재오, Hwang, Taik Jean, KANG JEONG GYU. A Study on Application of Minimum Cost Support for Financial Re-structuralization of Act on Private Participation in Infrastructure. 2014; 65 293-310.
이재오, Hwang, Taik Jean and KANG JEONG GYU. "A Study on Application of Minimum Cost Support for Financial Re-structuralization of Act on Private Participation in Infrastructure" Public Land Law Review 65(2014) : 293-310.