Ministry of Land, Infrastructure and Transport Holds Public-Private Partnership Briefing on Overseas Investment Development Projects
[Asia Economy Reporter Kim Min-young] The Ministry of Land, Infrastructure and Transport announced on the 6th that it will hold a briefing session on the 9th at 2 p.m. at The Forum (Two IFC) in Yeouido, Seoul, to promote public-private partnership (PPP) investment development projects and feasibility study (F/S) support projects.
PPP projects are a form of collaboration between local governments and private companies, where unlike simple contracting, financing, equity participation, planning, design, construction, operation, and management-related profits are linked to project performance. Major PPP projects led by Korean companies include the "Turkey Canakkale Bridge," the longest suspension bridge connecting Europe and Asia, Kazakhstan's first PPP project, the "Kazakhstan Almaty Ring Road," and the "Pakistan Lower Spatka Hydropower" project involving Korea Hydro & Nuclear Power.
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Hosted by the Korea Overseas Infrastructure & Urban Development Corporation (KIND), this briefing session will analyze cases of overseas development projects by Korean companies, share the case of the Indonesian Cakung Regional Water Supply?the first export case of the Korean-style metropolitan water supply?and analyze Indonesia's new capital city law and enforcement ordinances.
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