2010 | OriginalPaper | Buchkapitel
Innovations in Private Sector Provision of Infrastructure in South Korea
verfasst von : Surk-Tae Kim
Erschienen in: Innovations in Financing Public Services
Verlag: Palgrave Macmillan UK
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The growth of the Korean economy has necessitated a continuous investment in infrastructure facilities. However, limited resources in the pubic sector have led the Korean government to utilise private capital investment in infrastructure facilities. Since the introduction of Public-Private Partnerships (PPPs) in 1994, private participation in infrastructure (PPI) projects has been growing rapidly to meet current infrastructure demands.