Act for Promotion of Private Participation in Infrastructure Projects Article 9-1

Where an infrastructure project is considered as a necessary, prioritized, and urgent project through policy evaluation, and it is confirmed that it is more efficient that the project is conducted in accordance with this Act rather than be constructed or operated by the government on its own, the authority in charge of the project may acquire all or part of the public services of the infrastructure with compensation during the private institution’s participation in the operations of the infrastructure in accordance with any subparagraph of Paragraph 1 of Article 8.The regulations for the policy evaluation under the preceding paragraph and the criteria for operating such evaulation shall be decided by the competent authority.