Private Participation for Infrastructure Projects

The promotion of private participation in infrastructure projects will be an important government policy of our nation. There are different ways and associated meanings for private participation, contrast opinions still exist and remain to be resolved. In this paper, a system analysis approach will be used to study the responsible items, financing, and property ownership between government or private sector during various stages in public construction projects. From the resulting six major items, analyses are carried out to search possible ways for private participation. After removing those deemed not feasible, there remain sixteen models for handling public construction. Further analyses regarding the actual meaning, execution, and legality for these sixteen models are made. Finally, the project of "Taiwan High Speed Rail" will be used to demonstrate the combination and application of models for private participation, which will also provide the future direction and structure for private participation of public construction projects.