Title: Public-Private Partnership Infrastructure Projects: Case Studies from the Republic of Korea

Languages: English

Type: Document

Region: East Asia and Pacific

Country: Korea, Rep.

Keywords: PPP Project Cycle, Risk, Contract, Build-Operate-Transfer, Risk allocation, PPP Framework, Online Guide, PPP Reference Guide, PPP Cycle



Volume 1: Institutional Arrangements and Performance bytes

Document Details:

The Republic of Korea has rich experience in implementing PPP projects for almost a decade. This experience provides valuable lessons for most DMCs and that merits wider dissemination. The two-volume report prepared by the Korea Development Institute (KDI) presents an in-depth assessment of the different components of PPP framework of the Republic of Korea, including comparing and contrasting the success factors of the Korean PPP model with the experience of other countries through invited presentations on PPP frameworks and multisector case studies.

This publication aims to support the efforts of DMCs engaged in the development of appropriate institutional PPP framework and regulatory reforms along with a well-defined and transparent financial assistance and risk-sharing framework, for facilitating private sector involvement through PPPs.


  • Volume 1: Institutional Arrangements and Performance
    • Foreword
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    • Preface
    • Executive Summary
    • Introduction
    • Institutional Settings for Public-Private Partnerships
    • Trends and Current Status of Public-Private Partnerships
    • Implementation Procedure
    • Ex-Post Management, Refinancing, and Renegotiation
    • Evidence of Cost Savings and Efficiency Gain from Public-Private Partnerships
    • Evidence of Public-Private Partnership Contribution to the National Economy
    • Budgeting and Safeguard Ceiling for Public-Private Partnership Fiscal Commitment
    • Public-Private Partnerships as an Alternative Method of Fiscal Stimulus to Address the Global Financial Crisis
    • Lessons Learned and Challenges Ahead
    • References
    • Appendixes
  • Volume 2: Cases of Build-Transfer-Operate Projects for Ports and Build-Transfer-Lease Projects for Education Facilities
    • Foreword
    • Preface
    • Executive Summary
    • Overview of Public-Private Partnerships by Sector in the Republic of Korea
    • Build-Transfer-Operate Projects for Port Facilities
    • Build-Transfer-Lease Method for Education Facilities
    • References
    • Appendixes


Kim, Jay-Hyung, Jungwook Kim, Sunghwan Shin, and Seung- yeon Lee. 2011. Public-Private Partnership Infrastructure Projects: Case Studies from the Republic of Korea. Volume 1, Institutional Arrangements and Performance. Manila: Asian Development Bank. [#2251]

Updated: May 31, 2022