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Innovations in Private Sector Provision of Infrastructure in South Korea

In: Innovations in Financing Public Services

Author

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  • Surk-Tae Kim

Abstract

The growth of the Korean economy has necessitated a continuous investment in infrastructure facilities. However, limited resources in the pubic sector have led the Korean government to utilise private capital investment in infrastructure facilities. Since the introduction of Public-Private Partnerships (PPPs) in 1994, private participation in infrastructure (PPI) projects has been growing rapidly to meet current infrastructure demands.

Suggested Citation

  • Surk-Tae Kim, 2010. "Innovations in Private Sector Provision of Infrastructure in South Korea," Palgrave Macmillan Books, in: Stephen J. Bailey & Pekka Valkama & Ari-Veikko Anttiroiko (ed.), Innovations in Financing Public Services, chapter 3, pages 38-58, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28206-3_3
    DOI: 10.1057/9780230282063_3
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