사회기반시설의 확충을 위한 민간투자 정책개발에 관한 연구: 수익형 민자사업과 임대형 민자사업의 사례연구를 중심으로

PFI(Private Finance Initiative) for suppling SOC has been studied not only theoretically under shaping governance but practically to provide public service in fit time. While there being a lot of arguments to the effect of PFI, policies of PFI has been developed for over 15 years. BTO(Build-Transfer-Operate) had been major type of PFI from 1994 to 2004 in Korea. However, It has not been promoted well. In 2005, when 「The Law of PFI on SOC」was enacted in Korea, BTL(Build-Transfer-Lease) type was newly introduced. While BTL type has grown fast, it doesn't mean successful policy development. The reason is that BTL doesn't replace the utilities and characters of BTO. While BTO is suited to commercial projects in which private firms can operate and benefit, BTL is available to the projects having high public interest. The differences between BTO and BTL make successful factors and alternatives appear differently. It is critical in BTO to activate the competitions among private firms, expand pretest qualification in the projects, and maintain BIS capital ratio. But there are different factors to facilitate BTL such as scale of lease, period of redemption, accounting to public facilities, and etc.