Act for Promotion of Private Participation in Infrastructure Projects Article 15

Where the land required for the infrastructure project is government-owned land, the authority-in-charge may, after completing the allocation process, set a fixed term to allow the use of the land by a private institution by means of lease, creation of superficies, trust, or paying royalties or rental for use of the land, without being subject to the restrictions under Article 25 of the Land Act, Article 28 of the National Property Act, or the regulations governing local governments’ management of government-owned property. Rental in connection with the lease of the land and the creation of superficies on the land mentioned above may be charged on favorable terms.Regulations governing favorable rental rates as referred to in the preceding paragraph shall be prescribed by the competent authority in conjunction with the authorities concerned.Where the best applicant as selected in accordance with this Act applies for development of a lot of odd government-owned land within the scope of the land for an infrastructure project in accordance with Subparagraph 6 of Paragraph 1 of Article 8, and the authority in charge of the relevant infrastructure project determines that sale of the land to the applicant is necessary for a policy, the authority in charge of selling government-owned land may assign the land to the applicant, without being subject to Article 25 of the Land Act or regulations governing local governments’ management of government-owned property.Any assignment or sale of government-owned land may be cancelled, on the grounds that no concession agreement is signed within a specified period.