A Study on the Correlation Between the Feasibility Assessment of Idle Public Facilities and the Project Finance

DOI

10.2991/assehr.k.210407.013How to use a DOI?

Keywords

Idle Public Facilities, Outsourcing Management, Structural equation model, Feasibility Assessment

Abstract

The idle phenomenon of public facilities (called “Mosquito Pavilions”), which represents the waste of national resources and people’s taxes, has been increasingly serious in Taiwan in recent years, and public sectors expect to list idle public facilities into the scope of management and activate them. Activating the public construction with full participation of civil society has become a policy promoted by local governments in Taiwan. However, the repeated idle status is presented after the policy promotion. Given this, the project financial capability of entrusted managers in civil society must be strengthened in order to effectively reduce the possibility of repeated idle status after the activation of idle spaces. The factor analysis approach was mainly used in this research, and it was found through the analysis that according to relevant literatures, the outsourcing management feasibility assessment of idle public facilities could be divided into five major factors: project finance, economic environment, project planning, market environment and government policy. The causal relationships of the factors with project finance were tested based on research hypotheses. The results show that project finance is the core in the outsourcing management feasibility evaluation of idle public facilities, and it is developed and contained in many aspects, thus becoming the key deciding whether an outsourcing project can succeed. The research results can provide a reference for the future outsourcing management feasibility assessment of idle public facilities.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Jyh-hang Shyng
AU  - Chih-Ta Shen
PY  - 2021
DA  - 2021/04/08
TI  - A Study on the Correlation Between the Feasibility Assessment of Idle Public Facilities and the Project Finance
BT  - Proceedings of the 2021 6th International Conference on Social Sciences and Economic Development (ICSSED 2021)
PB  - Atlantis Press
SP  - 62
EP  - 69
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210407.013
DO  - 10.2991/assehr.k.210407.013
ID  - Shyng2021
ER  -