Title A Study on The Rate of Return of Private Infrastructure Investment Project
Authors Park, Young-Min ; Kim, Soo-Yong ; Kim, Ki-Young
Page pp.179-190
ISSN 1229-7534
Keywords SOC ; Private Infrastructure Investment ; Rate of Return
Abstract Present private infrastructure investment in SOC investment has increased up to 11% compared to the year 2003 and it is expected to increase in the future. In spite of its rapid increasement, we don't have definite standard or system on distinctly presented rate of return for domestic private infrastructure investment yet, and practical and scientific research is not sufficient, compared to its necessity and importance.
Hence, in this study we tried to build theories systematically, which are related to rate of return of private infrastructure investment to promote SOC private infrastructure investment to last successfully and present the proper level of rate of return of private infrastructure investment appropriate in domestic situations through diverse analysis.
Therefore, to present reasonable rate of return, we used 5 methods: existing research analysis, case study, financial index analysis, analysis of investor's rate of return, and analysis of rate of return in a real estate market. After comparing and analyzing these methods, we presented in the end the appropriate level of rate of return of private infrastructure investment, which can be applied in a domestic market.