• Title, Summary, Keyword: Build-Transfer-Lease

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How to Fiscally Manage the BTL Type Project (BTL(Build Transfer Lease) 사업의 재정관리 방향 -국가부채 여부에 대한 판단기준 및 재정 측면에서의 관리방안을 중심으로-)

  • Choi, Seok Joon
    • KDI Journal of Economic Policy
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    • v.29 no.1
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    • pp.137-175
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    • 2007
  • This paper studies the fiscal issues with regard to BTL (Build Transfer Lease) scheme projects, a newly introduced type of PPPs (Public Private Partnerships) in 2005 and tries to provide some policy options. More specifically, we make suggestions to work out the issues such as how to account for BTL transactions and whether to introduce annual budget ceiling system for BTL payment, while we introduce and analyze the experiences of some other advanced countries and international institutes.

Improvement Factors of Promoter Selection Evaluation Criteria for Build-Transfer-Lease Private Participation in Infrastructure Projects (BTL사업의 사업시행자 평가기준 개선 요인 분석)

  • Shin, Hyun-In;Park, Tae-Keun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • pp.310-316
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    • 2006
  • Since 'Act on Private Participation in Infrastructure' were changed in January 2005, BTL(Build-Transfer-Lease) projects of Private Participation in Infrastructure was introduced in the domestic construction market for the purpose of providing public facilities with the public. Selecting the most qualified Promoter should be considered discreetly in BTL projects because BTL projects is for projects with approximately thirty year project life cycle, plan, construction, operating, maintenance and obviously the success of the project totally depends on the capability and role of Promoter. However, score for cost is likely to influence selecting Promoter to take the project. Accordingly, low bid contract with too much competition could decrease the quality of the construction plan and operating plan. Thus, this study did preliminary research and documents on problems of evaluation criteria for selecting Promoter in BTL projects, and proposed improvement factors by doing questionnaire over specialists of each field.

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Improvement of Concessionaire Designation Evaluation Criteria for Build-Transfer-Lease Private Participation in Infrastructure Projects (BTL사업의 사업시행자 선정 평가기준개선에 관한 연구)

  • Shin, Hyun-In;Park, Tae-Keun
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.6
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    • pp.121-131
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    • 2006
  • Since "Act on Private Participation in Infrastructure" were changed in January 2005, BTL(Build-Transfer-Lease) projects of Private Participation In Infrastructure was introduced in the domestic construction market for the purpose of providing public facilities with the public. Selecting the most qualified Promoter should be considered discreetly in BTL projects because BTL projects is for projects with approximately thirty year project life cycle, plan, construction, operating, maintenance and obviously the success of the project totally depends on the capability and role of concessionaire. However, score for cost is likely to influence designating concessionaire to take the project. Accordingly, low bid contract with too much competition could decrease the quality of the construction plan and operating plan. Thus, this study did preliminary research and documents on problems of evaluation criteria for designating concessionaire in BTL projects, and proposed improvement program by doing questionnaire over specialists of each field.

A Study on the Building Process of Public Libraries Using the BTL Method (임대형 민간투자(BTL)방식에 의한 공공도서관 건립에 관한 연구)

  • Kim, Young-Seok
    • Journal of Korean Library and Information Science Society
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    • v.39 no.4
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    • pp.149-170
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    • 2008
  • This study examines public libraries being built using the BTL (Build-Transfer-Lease) method, which is one type of Private Finance Initiative, in order to investigate effective ways of building public libraries in Korea. A literature search, field research and interviews were the methods used for the study. One library was built and eight other libraries are in the process of construction using the BTL method in six cities in Korea in 2008. The study revealed that the bigger libraries are being built using the BTL method. The study suggests that in order to effectively increase the public library infrastructure within a short period of time in Korea, smaller libraries should be built using the BTL method.

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A Risk Quantification of Public Sector Comparator in the Financial Analysis of the BTL (Build-Transfer-Lease) Scheme of Railway Projects: a Case Study of the Haman-Jinju Link (철도 BTL 민자적격성조사의 위험계량화방안 연구)

  • Jang, Su-Eun;Gang, Ji-Hye
    • Journal of Korean Society of Transportation
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    • v.24 no.5
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    • pp.67-74
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    • 2006
  • This paper proposes a way to a risk quantification of public sector comparator in the value-for-money test of the BTL (Build-Transfer-Lease) scheme in rail investment projects. Two principal risks that are project delay and budget increasing costs are identified and are empirically quantified with a case study of the Haman-Jinju link. The methodology suggested is expected to be a good reference for the similar research afterwards and also to help in settling down the scheme that is only an early stage.

Promotion of the Private Investments in the Military Facilities through Integration of BTL and BTO Methods (BTL방식과 BTO방식을 혼합한 군시설 민간 투자사업의 활성화 방안의 연구)

  • Kwak, Soo-Nam;Park, Sang-Hyuk;Han, Seung-Heon;Kim, Hyoung-Kwan
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • pp.278-283
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    • 2006
  • Koran Government introduced BTL(Build-Transfer-Lease) to provide convenience through early supplying infrastructure and plans to invest 8,315million dollar to 84 projects of 15 BTL type involving official residence and railroad. But some of construction company hates to invest BTL projects because of its low earning rate. In addition if we correctively apply project which partly has profitability to BTL, the earnning rate declines more seriously. So this paper presents BTL+BTO model which operates BTL in the non-profitable parts to improve convenience of users and BTO in the profitable parts to improve earning rate. BTL+BTO model based on operate period was presented and its suitability was confirmed by applting 00 region official residence project.

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On Analysis of Undertaking Accomplishment Process for the BTL Project (BTL사업의 사업수행 절차 분석에 관한 연구)

  • Chun, Jin-Ku;Lim, Jong-Ah;Park, Young-Dae
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • pp.917-920
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    • 2007
  • Private companies will get back their investment by leasing facilities to the government, Since act on private participation in infrastructure were changed in January 2005, BTL(Build Transfer Lease) project of introduced in the domestic construction market for the purpose of providing public facilities with the public. BTL projects is for with approximately project life cycle form plan to maintenance the success of the project totally depends on the capability and role of concessionaire. Accordingly, this study is aimed to improve in order to proceed with BTL project efficiently, a clear standard for the item of evaluation was presented.

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