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Private Investment: Korea Private Investment: Korea

Private Investment in Infrastructure Provision

Publication Type:

Report

Source:

A Primer on Korean Planning and Policy, Korea Research Institute for Human Settlements (KRIHS), Volume 9, Seoul, Republic of Korea (2003)

ISBN:

978-89-8182-726-7

Abstract:

A Private Financial Initiative (PFI) project is defined as a project which encourages the private sector to invest in developing/operating infrastructure (such as roads, harbors, railroads, schools and environmental facilities) or Social Overhead Capital (SOC) that are traditionally built and operated by the government. These projects are designed to promote and utilize the creativity and efficiency of the private sector by expanding its participation in government projects.
 

A Private Financial Initiative (PFI) project is defined as a project which encourages the private sector to invest in developing/operating infrastructure (such as roads, harbors, railroads, schools and environmental facilities) or Social Overhead Capital (SOC) that are traditionally built and operated by the government. These projects are designed to promote and utilize the creativity and efficiency of the private sector by expanding its participation in government projects.