| Title |
A Study on Utilization of Private Capital for Efficient Highwa yPavement Management |
| Authors |
Lee, Inbum ; Lee, Yongjun ; Park, Samjae ; Cho, Hyunje ; Lee, Minjae |
| DOI |
http://dx.doi.org/10.6106/KJCEM.2018.19.1.003 |
| Keywords |
Highway ; Pavement ; Maintenance ; Private Capital ; Crowd Funding |
| Abstract |
In order to find methods to encourage active private participation for efficient road maintenance, this study examined the status of the road improvement project and the development of the private capital utilization improvement project. Based on this, the study conducted a case study and a financial feasibility study that applied the new business method and selected the applicable business method. As a result, it is analyzed that the method of using Crowd Funding is more advantageous than the private scheme of the private capital utilization improvement project. This is because it will be highly effective in raising funds from users of highway users, especially users of improvement projects. In addition, it can also mean that the road users who suffer from inconvenience due to the construction can return the toll profit of road construction to the user. |