| 요약2 |
Since the early 2000, Korea Land Corporation, Korea National Housing Corporation, Seoul Housing Corporation and etc. have actively participated in public-private joint project financing business for jointly developing both areas around railroad stations and commercial areas at new towns. The purposes of this study are firstly examine the type and the trend of PPP type's development by comparing writing standard in PF subscription guide, secondly find out the positions of participants in private consortium, and thirdly predict the rational direction for those kind of development as well as changes in the near future. This paper focuses on the positions of construction investors(CI) and financial investors(FI). In domestic PF business market, because most of FIs tend to avoid of risk taking in that business. Therefore they don't want to pay the cost for prefeasibility study and take guarantees required for the development process. We easily see this kind of underdeveloped financing practice in Korea. In this context, the desire of the business initiators like KLC, KNHC, and SH who want to make the ideal PF structure seems to be unrealistic yet. |