Analysis of Key Factors for BOT Ropeway Projects in Taiwan
Date Issued
2012
Date
2012
Author(s)
Chung, Chieh-Hsu
Abstract
Government has the responsibility to develop infrastructures for local development. With the opening of cross-strait direct flights and the growing number of tourists coming to Taiwan, it is an important issue for government to enhance local tourism and improve regional traffic environment. According to the Tourism Policy White Paper proposed by Executive Yuan, R.O.C.（Taiwan）, Domestic Tourism Development Program has mentioned that to research the feasibility analysis of building ropeway system in mountain area is main execution plan of short-term policy. Government expects to improve the traffic limitation, increases tourism industry, and also promotes economic development.
In recent years, local governments actively plan the ropeway system project in all the tourist spots. Most of the rope way system project plan to adopt the Private Participation in Infrastructure Projects（PPIP）. Currently, Sun Moon Lake ropeway in Nantou County is the only successful case to adopt the Private Participation in Infrastructure Project. The Beitou ropeway in Taipei City had suspended construction contract till now because of the matter of Environmental Impact Assessment Law after signing the BOT concession three months. Maokong Gondola in Taipei City would like to adopt the Private Participation in Infrastructure Projects, but could not meet the financial requirement for private investment after the financial analysis. Finally, the government raised funds to build. Jinguashin-Jioufen Ropeway in New Taipei City only held an explanation meeting to present the concept of BOT and the project had not any further progress. Sansia-Yingge Ropeway in New Taipei City cannot attract private investors and was forced to suspend the project after three times of public announcement. Another two cases, the Kaohsiung Harbor Cross-Harbor Tourism Cableway and Boalai-Tengjhih Ropeway projects in Kaohsiung City were also suspended by the government. Thus, there are still many potential problems need to be solved.
This study analyzes the cases of PPIP in Taiwan by reference review and expert interview. The Important implementation issues of promoting ropeway PPIP includes: (a) the geographical environment restrictions, (b) the financial requirements, ( c) difficulties in land acquisition, (iv) conditions of regional tourism, (e) the cognitive differences of the related Act, (f) overly optimistic of organizers. This study presents a systematic survey and analyzes the problems of the implementation domestic PPIP ropeway projects. Also this study proposes the suggestions to the Government for promoting the PPIP in the ropeway system.
Subjects
Private Participation in Infrastructure Projects (PPIP)
Important implementation issues
Ropeway System
Type
thesis
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