dc.description.abstract | The British government has activated the movement of Public-Private Partnership (PPP) since 1992. The Taiwan government imported this concept in 2001and further encouraged private businesses to participate public constructions ever since. In recent years, the Taiwan government has privatized several sets of public organizations and relevant works so as to improve the efficiency and supply of public services through private companies’ participation. For example, the cooperation between the public and the private in the sector of public construction fully integrate government’s authority and private businesses’ funding, innovation and management efficiency.
The Environmental Protection Agency has decided to raise the critical level of Effluent Standards since 2016. Under this new legislation, sewage treatment plants are now facing several basic problems such as the lacks of machinery, skilled labors, and capacity, followed by severe issues such as the already-constrained finance and the further expansion of a entire plant (to raise treatment efficiency). By saying that, this study aims to apply ROT model to examine a scenario of sewage treatment plants with the help of private businesses’ financial resource and service. Under the criteria of accessibility, the author has evaluated this project’s market potential, regulations, other issues regarding construction technology, finance, land purchase and environmental impact. It is hoped that the results of this study will add value to government policies.
in which, with the help of private financial resource and service,
The results of evaluation reveal that its Self-Liquidating Ratio (SLR) is 1.26, the Net Present Value(NPV) is New Taiwan dollars two billion eighty seven million if base on Internal Rate of Return (IRR)12% , and the royalty income will be reached seventy million three hundred fifty thousand per month, it is a completely inducement to encourage private business. One the other, it is accessible for a sewage treatment plant to work under ROT format; it alleviates government’s fiscal expenses, lower government’s budgets and expands the investment on public construction, which further boosts the entire economy. Moreover, private businesses would have the opportunity to accumulate experiences through this cooperation. In short, with the aid from private institutions, public institutions (such as sewage treatment plants) will achieve the goal to turn deficits into surplus. It will be a ‘triple-win’ situation for the government, private businesses and residents in Taiwan.
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