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The Korean Market for Private Participation in Infrastructure - An Analysis of Risks and Opportunities for Private Investors

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Authors
Choi, Seung Ho
Issue Date
2005
Publisher
BK 21 law
Citation
Journal of Korean Law, Vol.4 No.2, pp. 217-253
Abstract
The driving factor behind Korea’s push for development of infrastructure is its recognition in recent years that the acute lack of infrastructure in key sectors affects the country’s overall productivity. Despite this pressing need, the government has had to turn to the private sector for its much-needed greenfield infrastructure projects due to budgetary and financial constraints. In this respect, the Korean government firmly recognizes the correlation between a nation’s highly-developed infrastructure and its overall competitiveness in today’s globalized economy, and it is this need for development which has led the Korean government to focus on its private participation in infrastructure (“PPI”) scheme, encouraging both equity and debt participation by domestic and foreign participants.
ISSN
1598-1681
Language
English
URI
http://hdl.handle.net/10371/85087
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College of Law/Law School (법과대학/대학원)The Law Research Institute (법학연구소) Journal of Korean LawJournal of Korean Law Volume 04 Number 1/2 (2004)
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