the import and export cargo, transshipment cargo. In the early operation of port, the volume should be somewhat forecast conservatively because the problems come up a lot, for instance, Verification of new equipment, the settlement of additional service and after normally operation, Estimating volume according to the capability per berth would be more reasonable.
Therefore, government needs to revise the port development project so that port supply can be adjusted.
Secondly, Compensation provisions relating to violations of government support should be detailed.
Project operators not are able to receive compensation because concession agreement signed government and private entrepreneur regarding the construction doesn't define detailed coverage and specific measuring range relating to violations of government support.
Substantial financial support should be applied to project operators by clearly defining coverage and measuring range to pay by the government to operators in concession agreement.
Thirdly, in case of refinancing, profit sharing should be excluded in the business without MRG.
Sharing profits in MRG business should be shared with government because satisfactory financial arrangements became possible making the financial conditions better as the national economy improve. But project operator in the business without MRG should be excluded from profit sharing for refinancing because they take responsibility for all loses.
Quantitative analysis of this study is a bit short because it accesses to only a literature survey and on-site interviews. But this study is important that it is to analyze some problems and to suggest improvements of private capital ports in scarce situation concerning private capital port through project financing.
Pusan Newport phase1 project, Mokpo Newport project, Incheon North port project.
However, Specific contents on Project financing of private investment port is not only much different by year, by thesis, by institution but also uncertain.
So I analyze the data collected through actual person who induced by acquaintance in charge of project.
The problems shown in the case of private capital port constructed through PF are as follows: completion delay, shortage of volume, mismatch between the supply and demand of port, immoderate marketing cost caused by excessive competition.
I set up improvement plan by analyzing some problems through the case study of private investment port built by project financing.
Improvement plan which should be reflected in construction of the port are as follows
The purpose of this study is to look at risk factors, problems shown in the operational phase by Private capital port project financing case and to propose the improvement.
In order to achieve the purpose of this study, I performed a literature search and actual case research through multiple cases
Firstly, when the port is under construction, the demand and supply forecasting method should be improved.
Estimating volume at the constructing time through private capital, the tariff should be segmented in accordance with classification