A Study on the Characteristics of Major Fiscal Projects Using Public Investment DatabaseSubmitted by siadmin on Fri, 05/28/2021 - 08:21
The Seoul city government is running a Seoul local financial investment review system and Seoul public investment management service in the Seoul institute is conducting a feasibility review for supporting the review system of the Seoul city government. Seoul public investment management service has established a public investment database in 2019. The database contains files such as requests and investment review results, and the database is entered with 56 data generated by each project.
We analyze the request for feasibility review and result in various ways. In the viewpoint of business entity, sector, site, we analyze the request for feasibility review and result. Specially we analyze the projects involving government expenses and re-request projects.
We analyze the character of six facility projects, public parking lot, road, community service center, sports facilities, library and park. While most of the road and park projects were carried out as Si projects, most of the public parking lots, dong offices, sports facilities, and library projects were carried out as Gu projects. Sports facilities and library projects are usually planned to include government expenses, and the rates of passage in the community service center and sports facilities are the lowest. Seoul public investment management service can use a reason for failure to 135 A Study on the Characteristics of Major Fiscal Projects Using Public Investment Database pass when reviewing new projects and training the person in charge of planning. It is necessary to further study the benefit estimation methodology for road and park projects. Also, it is necessary to upgrade database system for detailed scale by facility(ex. total area, site area).