| Title |
Analysis on Key Influence Factors for the Activity in the BTL System |
| Authors |
Koo Jeong-San ; Kang Ji-Hoon ; In Chi-Sung ; Hong Tae-Hoon ; Koo Kyo-Jin ; Hyun Chang-Taek |
| Keywords |
Build-Transfer-Lease ; Project Finance Initiative ; Factor Analysis ; Regression Analysis |
| Abstract |
The government set the policy to revise “Act on private Participation in infrastructure and Enforcement Ordinances", and introduced BTL(Build-Transfer-Lease) as a new contract system for private investment projects. However, more systematical studies on improving the current system is highly recommended for diverse problems from every parties concerned.
Case studies of preceding PFI(Project Finance Initiative) of England, Japan, and Australia, which influenced the domestic BTL system, have been done, and the current situation and problems of domestic BTL system have been analyzed. Based on the investigation of the present situation and currently suggested issues of BTL, this study intended to derive key influence factors for raising the activity of the BTL after factor analysis and regression analysis from derived variables for having BTL system more effective. This study would possibly be able to provide the preliminary data for raising the activity of BTL system in the future, based on the results of the analysis on problems generated in the early phase of domestic BTL system. |