A STUDY ON THE BASIC DIRECTIONS OF SELECTING AND EVALUATING PRIVATE OPERATORS FOR THE DEVELOPMENT OF IDLE SITES ON HIGHWAYS IN KOREA

Published 31 July 2020 •  vol 1  •  no 1  • 


Authors:

 

Jaehwan Kim, Major in Real Estate Studies, Faculty of Regional Development, Kongju Nat’l University. Yesan, Chungnam, Republic of Korea
Yongkyung Cho, Department of Research, Archi QPlus co., ltd., Republic of Korea

Abstract:

 

This study was developed with the development constraints in consideration of the specificity of adjacent sites on the highway, including development restrictions in the highway and restrictions on the development of related laws. In particular, it included development initiatives with excellent publicity as well as securing adequate profitability in accordance with the development objectives in accordance with the public institution that is the development subject. Through this, the basic direction for selecting private businesses was established in a range where resources are efficiently utilized and minimum profitability is guaranteed to meet the objectives of the adjacent site development project on the highway.

Keywords:

 

Highway, Evaluation System, Business Selection, Idle Site, Public-Private Joint Development Project

References:

 

[1] Kim, H., Lee, H., Kwon, C., Park, S., Park, S. and Yun, I., “Study on the Development of Congestion Index for Expressway Service Areas Based on Floating Population Big Data”, Korea Inst. Intell. Transp. Syst., vol. 17, no. 4, (2018), pp. 99-111.
[2] http://data.ex.co.kr/portal, April 29(2020).
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[5] Korea Expressway Corporation, Road design tips, (2009).
[6] Ministry of Land, Transport and Marine Affairs (MLTMA), Highway logistics, transit, and business center development guidelines, (2014).
[7] Ministry of Land, Transport and Marine Affairs(MLTMA), Road Design Handbook, (2012).
[8] Hong, N., “Land use planning for sustainable development of coastal land area”, Konkuk University Master's Degree, (2015).
[9] Kim, J. and Shim, H., “A study on the methodological application of feasibility evaluation of mixed-use development project to the fourth industrial revolution”, World J. Account. Finance Eng., vol. 3, (2018), pp. 27-34.
[10] Zhang, H., Tam, C. M. and Shi, J. J., “Application of fuzzy logic to simulation for construction operations”, J. Comput. Civ. Eng., vol. 17, (2003), pp. 38-45.

Citations:

 

APA:
Kim, J., & Cho, Y. (2020). A Study on the Basic Directions of Selecting and Evaluating Private Operators for the Development of Idle Sites on Highways in Korea. Journal of Business Models and Applications (JBMA), ISSN: 2652-7421, NADIA, 1(1), 7-12. doi: 10.33832/jbma.2020.1.1.02.

MLA:
Kim, Jaehwan, et al. “A Study on the Basic Directions of Selecting and Evaluating Private Operators for the Development of Idle Sites on Highways in Korea.” Journal of Business Models and Applications, ISSN: 2652-7421, NADIA, vol. 1, no. 1, 2020, pp. 7-12. JBMA, http://article.nadiapub.com/JBMA/vol1_no1/2.html.

IEEE:
[1] J. Kim, and Y. Cho, " A Study on the Basic Directions of Selecting and Evaluating Private Operators for the Development of Idle Sites on Highways in Korea." Journal of Business Models and Applications (JBMA), ISSN: 2652-7421, NADIA, vol. 1, no. 1, pp. 7-12, Jul 2020.