Professor’s Profile
Park Soo-jin
- Major : Finance
- Professor Executive Director of Planning and External Affairs / Associate Professor
- Office : Room 420 Main Bldg.
- Phone : +82-52-712-7326
- Email : jin.park@kings.ac.kr
Educational Background
- Ph.D., Development Policy, KDI School of Public Policy and Management
- M.P.S., Baker Program, Cornell Univ.
- B.S., Business Administration, Yonsei Univ.
- KICPA, CTA, CIA
Professional Experience
- Research Fellow, Dept. of Business & Finance Research, Construction and Economy Research Institute of Korea (2016~2019)
- Head of Public Investment Policy Team, PIMAC(Public and Private Infrastructure Investment Management Center) of KDI (2012~2016)
- Sr. Manager, Finance Group, POSCO E&C (2010~2012)
- Senior Manager, Financial Risk Consulting Division, PROTIVITI (2004~2008)
- Manager, DTCF, Deloitte (2000~2004)
Research
Project Valuation and Quantitative Risk Analysis
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This domain focuses on the development of financial modeling and quantitative assessment frameworks for large-scale energy investments. Core methodologies include discounted cash-flow (DCF) modeling, financial feasibility analysis, and Monte Carlo simulation to evaluate financial performance and risk under uncertainty. |
Economic Feasibility and Growth Impact Analysis
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Research in this field applies inter-industry Input-Output (I-O) modeling to measure the macroeconomic impacts of energy and infrastructure investments. The approach captures both direct and indirect effects of capital expenditure on production, employment, and regional value added. |
Econometrics and Financial Data Analysis
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The econometrics and financial data analysis field investigates empirical relationships among energy markets, financial performance, and policy outcomes through advanced quantitative methodologies. Panel regression, Probit(Logit) Models, vector error correction (VECM), and appropriate micro-data analytics are employed to examine the determinants of technology adoption, cost dynamics, and market efficiency, etc. This research also extends to macro-level applications, including long-term electricity demand forecasting, power market equilibrium modeling, and price formation analysis using time-series econometrics. |
Energy System Optimization and Economic Analysis
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This research area investigates the optimization of national and regional energy systems through integrated techno-economic modeling frameworks. Studies focus on identifying minimum-cost generation portfolios, capacity expansion pathways, and system reliability under policy, demand, and technological constraints. Analytical approaches combine optimization with scenario analysis to determine the optimal mix among nuclear, renewable, ESS, and conventional energy sources. |
Lab Members
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Radioactive Waste and Spent Fuel Management
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Introduction To the Courses
Project Valuation and Risk Analysis
Introduction
This course is designed to develop the advanced financial skills and analytical judgment required for valuing large-scale and complex energy projects under uncertainty. Building upon the foundation from Corporate Finance and Accounting, it focuses on the integration of corporate finance theory with project-based valuation and risk management techniques. Students will learn how to construct cash flow models, determine appropriate discount rates, and apply valuation frameworks such as DCF, WACC, and real options. The course also explores practical approaches to project risk assessment using probabilistic analysis, scenario modeling, and industry case studies from the nuclear and renewable energy sectors. By combining theoretical understanding with Excel-based modeling and case applications, students will acquire the quantitative and conceptual tools necessary for sound project investment decisions in real-world energy markets.
Course Objectives
• Develop the ability to apply corporate finance concepts to project-level investment analysis and valuation.
• Establish competency in constructing and interpreting free cash flow and discounted cash flow (DCF) models for project assessment.
• Apply cost of capital and risk-adjusted discount rate methods to evaluate investment feasibility under uncertainty.
• Foster the ability to assess and manage project risks using probabilistic and scenario-based analytical tools.
• Enhance teamwork and communication skills through group modeling projects and case presentations.
Student Outcomes
Upon successful completion of this course, students will be able to:
1. Integrate and apply corporate finance and valuation principles to assess energy and infrastructure investment projects.
2. Build and analyze free cash flow and DCF models to evaluate project value and sensitivity to key variables.
3. Estimate the appropriate cost of capital and apply CAPM and WACC frameworks in project valuation.
4. Perform probabilistic and scenario-based risk analyses using Excel or Palisade tools to quantify uncertainty in project outcomes.
5. Demonstrate professional competence in team-based financial modeling, presentation, and ethical analysis of investment decisions.
NPP Financial Management
Introduction
This course provides an in-depth exploration of financial management principles as they apply to nuclear power projects, including both large-scale NPPs and emerging SMR systems. It builds upon the analytical frameworks introduced in Corporate Finance and Accounting and Project Valuation and Risk Analysis, extending them to the context of nuclear project finance, cost modeling, and investment feasibility. Students will learn to develop Levelized Cost of Energy (LCOE) models, conduct discounted cash flow (DCF) valuations, and analyze project financing structures using Excel-based simulations. The course also examines the economics of nuclear investment under evolving energy markets and policy frameworks, drawing on real-world studies from the OECD, IAEA, and national case examples. By combining quantitative modeling with policy and market perspectives, the course prepares students to critically assess the financial viability and strategic management of nuclear energy projects in global contexts.
Course Objectives
• Provide a comprehensive understanding of financial management principles specific to nuclear power projects and SMR development.
• Develop proficiency in constructing and interpreting Levelized Cost of Energy (LCOE) and DCF models for nuclear projects.
• Introduce methods for evaluating market feasibility, investment risk, and policy-driven impacts on nuclear project performance
• Prepare students for practical decision-making roles in nuclear project finance, investment planning, and strategic policy evaluation.
• Promote professional competence in Excel-based financial modeling, teamwork, and data-driven analysis of NPP and SMR cases.
Student Outcomes
Upon successful completion of this course, students will be able to:
1. Explain and apply the principles of corporate and project finance to nuclear power investment analysis.
2. Compute and evaluate discounted cash flows, capital budgeting metrics, and financial returns for NPP and SMR projects.
3. Develop and analyze Levelized Cost of Energy (LCOE) models to assess project competitiveness and cost drivers.
4. Assess project feasibility and risk by integrating quantitative modeling with market, policy, and financing perspectives.
5. Interpret global case studies (OECD, IAEA, and industry reports) to understand evolving nuclear financing practices.
Corporate Finance and Accounting
Introduction
This course introduces the fundamental concepts and analytical methods of corporate finance, with an emphasis on their application to the energy and power sectors. It is designed to provide students with the essential financial reasoning, quantitative skills, and Excel-based techniques required to evaluate investment opportunities, interpret financial statements, and understand the principles of value creation. Topics include time value of money, capital budgeting, bond and stock valuation, cost of capital, and risk–return relationships, along with an introduction to regression analysis for data-driven forecasting. By bridging theoretical understanding with practical financial modeling, the course enables students to build a strong foundation for advanced studies in project valuation, risk analysis, and energy economics in the following semester. Active participation, teamwork, and ethical conduct are emphasized throughout, preparing students for professional decision-making in the field of energy finance.
Course Objectives
• Provide students with a foundational understanding of corporate and energy finance principles, focusing on value creation and financial decision-making.
• Develop quantitative and analytical skills for applying time value of money, capital budgeting, and valuation techniques using Excel.
• Enhance students’ ability to interpret financial statements and evaluate investment feasibility within the energy sector.
• Introduce fundamental concepts of risk, return, and cost of capital to support sound investment judgment.
• Prepare students for advanced coursework in Project Valuation and Risk Analysis by building essential competencies in financial modeling and regression-based data analysis.
Student Outcomes
Upon successful completion of this course, students will be able to:
1. Understand and apply the fundamental principles of corporate and energy finance as a foundation for advanced project valuation and risk analysis.
2. Compute present value, future value, and rate of return for single or multiple cash flows using Excel.
3. Interpret financial statements and analyze basic cash flow structures relevant to energy project evaluation.
4. Explain key capital budgeting tools—NPV, IRR, and payback period—and their implications for investment decisions.
5. Recognize the relationships among inflation, interest rates, and cost of capital, and describe how they affect project feasibility.
6. Perform simple regression or statistical analysis using Excel or STATA to support quantitative understanding of financial data.
7. Demonstrate analytical thinking, teamwork, and professional conduct in preparing for the second-semester course, Project Valuation and Risk Analysis.
Economics and Quantitative Method for Energy Policy
Introduction
This course provides a foundation in economics and quantitative reasoning for students pursuing studies in energy policy and management. It introduces the fundamental principles of micro- and macroeconomics, including market mechanisms, consumer and producer behavior, and the interaction between government policy and market efficiency. Special emphasis is placed on applying economic theory to real-world energy sector issues—such as electricity markets, energy demand, and investment behavior—using quantitative approaches. Through lectures, discussions, and case studies, students will develop the ability to interpret economic data, analyze policy impacts, and apply economic models to evaluate decision-making in the energy industry. This course also serves as a preparatory basis for advanced courses in energy economics, policy analysis, and econometrics.
Course Objectives
• Introduce fundamental economic theories and analytical frameworks relevant to energy policy and markets.
• Develop the ability to interpret and apply microeconomic and macroeconomic models to real-world policy and industry problems.
• Provide quantitative tools—such as elasticity analysis, benefit–cost assessment, and input–output modeling—for policy evaluation.
• Strengthen logical and critical thinking skills to analyze socio-economic issues in the context of energy development.
• Prepare students for subsequent coursework in applied energy economics, policy modeling, and econometric analysis.
Student Outcomes
Upon successful completion of this course, students will be able to:
1. Analyze how consumers, producers, and governments make economic decisions under resource constraints.
2. Apply economic models to assess the functioning of electricity and energy markets, including forward and spot market mechanisms.
3. Measure and interpret key economic indicators such as elasticity, national income, and cost of living using quantitative methods.
4. Use input–output and cost–benefit frameworks to quantify the economic impacts of energy industries and infrastructure projects.
Seminar Series Ⅱ: Project Development & Finance
Introduction
This course provides an advanced and practice-oriented understanding of project development and finance, focusing on how large-scale energy and infrastructure investments are structured, negotiated, and financed. Building upon prior coursework in corporate finance and project valuation, the seminar explores the use of debt, equity, and hybrid instruments in energy project financing, with a particular emphasis on risk allocation, capital structuring, and financial modeling. Students will engage with real-world case studies and industry seminars covering diverse technologies such as SMRs, photovoltaic systems, wind turbines, and fuel cells. Through expert-led discussions and group projects, participants will gain the ability to analyze complex project transactions and propose viable financing solutions from both investor and lender perspectives.
Course Objectives
• Develop an integrated understanding of how investors plan, structure, and finance large-scale energy and infrastructure projects.
• Provide knowledge of the contractual and organizational arrangements that underpin project finance transactions.
• Introduce key financing mechanisms, including equity, debt, export credit agencies (ECA), and public–private partnerships (PPP).
• Enhance the ability to evaluate project risks and apply appropriate mitigation strategies within financial structures.
• Expose students to real-world project finance cases through seminars, field visits, and guest lectures from industry experts.
Student Outcomes
Upon successful completion of this course, students will be able to:
1. Explain the fundamental processes and participants involved in project development and finance.
2. Analyze the structure of project finance deals, including equity and debt arrangements, risk allocation, and financial closure.
3. Evaluate different sources of financing—commercial loans, ECAs, multilateral institutions, and capital markets—for energy projects.
4. Assess project risks and propose strategies for managing financial, technical, and political uncertainties.
5. Construct and interpret cash flow and feasibility models to assess project bankability and investment returns.
6. Apply knowledge of project finance documentation and legal frameworks to evaluate real-world transaction structures.
Financial Theory for Engineers
Introduction
The course covers topics including capital budgeting under uncertainty, risk and return, capital structure, and power project valuation, and basic option theory. Especially, in the second part of course, Professor Roh will give lectures on power project feasibility, cost management, NPP(Nuclear Power Plant) economics, and environment topics with real world practice. In overall, this course is intended to build a cornerstone for the mandatory ‘Project Valuation and Risk Analysis’ course in the second semester. If a student in Energy Policy and Engineering doesn’t have a finance knowledge, it is recommended that he/she attend this class.
Course Objectives
The purpose of this course is to provide an overview and solid ground in energy finance and their application on top of general finance theories and decision-making tools. Students are also expected to acquire excel technique to realize the basic financial analysis.
Student Outcomes
After completing this course, you should be able to:
① Understand tools, graphs, and basic finance theory concepts
② Compute the future value, present value and the rate of return on an investment for projects that involve single or multiple cash flow(s).
③ Know the power project feasibility, cost management and, NPP economics
④ Know the important types of bonds and understand the determinants of bond yields.
⑤ Understand the impact of inflation on interest rates and the term structure of interest rates.
⑥ Recognize how stock prices depend on future dividends and be able to compute stock prices using the dividend growth model.
⑦ Understand how financial markets work and know the historical rate of returns and risks on various types of investments.
⑧ Calculate expected value and standard deviation (risk) of investment returns and understand the risk-return tradeoff.
⑨ Appreciate the impact of diversification and have a basic understanding of the systematic risk principle.
⑩ Know what determines a firm’s overall cost of capital.
Publications, Projects and Awards
Journal Papers
- Oo, Thet Thet, Kang-wook Cho*, and Soo-jin Park. 2025. “Techno-Economic Comparison of Microgrids and Traditional Grid Expansion: A Case Study of Myanmar.” Energies 18(18): 4988.
- Paisiripas, D., Kang-wook Cho, and Soo-jin Park*. 2024. “Integration of Small Modular Reactors with Renewable Energy for Carbon Neutrality: A Case Study of Phuket, Thailand.” Energies 17(22): 5565.
- Kang, M., Soo-jin Park*, and Kang-wook Cho. 2024. “An Empirical Study of the Economic Net-Zero Energy Mix in Industrial Complexes.” Energies 17: 5404.
- Hussain, M. S., Kang-wook Cho*, and Soo-jin Park. 2024. “Resource Adequacy and Integration of Renewables in Light of US, EU, and Pakistan’s Evolving Power Sector.” Energies 17: 5131.
- Nergui, O., Soo-jin Park, and Kang-wook Cho*. 2024. “Comparative Policy Analysis of Renewable Energy Expansion in Mongolia and Other Relevant Countries.” Energies 17: 5131.
- Yong-il Kim, Man Cho, Soojin Park, Seungdo Shin, The Impact of Non-Financial Alternative Data on Credit Risk Assessment: Micro-Data Based Empirical Investigation and Its Implication (2023), Financial Information Society of Korea.
- Ko, Byungguk, Kyuhwan Lee, Yongbeum Yoon, and Soojin Park*. “Impact of ESG (Environmental, Social, Governance) on the Performance of Electric Utilities.” New & Renewable Energy. The Korean Society for New and Renewable Energy, June 25, 2022.
- Woo, Gyuha, Soojin Park, and Yongbeum Yoon. “Feasibility Study of the Introduction of Hydrogen System and Plus DR on Campus MG.” New & Renewable Energy 18, no. 1 (2022): 1–12.
- Kim, Kwangsu, Jinsoo Choi, Yongbeum Yoon, and Soo-jin Park*. 2022. “A Study on Determinants of Photovoltaic Energy Growth: Panel Data Regression with Autoregressive Disturbance.” Current Photovoltaic Research.
- Kesuma, Prida Erni, Yongbeum Yoon, and Soo-jin Park*. 2022. “Risk Analysis and Mitigation Measures on Co-firing: Case Study from Indonesia.” The Transactions of the Korean Institute of Electrical Engineers (KIEE) .
- Yoon, Yongbeum, Kyuha Woo, and Soo-jin Park*. 2022. “Analysis of Renewable Energy-Based Micro-Grid Considering TOU (Time of Use) Electricity Tariff.” New & Renewable Energy.
- Park, Soo-jin*, Antony Langat, Kyuhwan Lee, and Yongbeum Yoon. 2021. “Measuring the Impact of Risk on Levelized Cost of Energy in Geothermal Technology.” Geothermal rogen Energy.
- Park, Soo-jin, Prida E. Kesuma, and Man Cho*. 2021. “Did Financial Consumers Benefit from the Digital Transformation? An Empirical Investigation.” International Journal of Financial Studies 9(4): 57.
- Lee, Yungjoon, Soo-jin Park, and Yongbeum Yoon*. 2021. “Estimation of Electric Power Trading Price Between Prosumer and Consumer under Time-of-Use (TOU).” New & Renewable Energy 17(2): 1–8.
- Cha, Hyungi, Yongbeum Yoon, and Soo-jin Park*. 2021. “A Study on the Determinants of Decommissioning Cost for Nuclear Power Plant (NPP).” Journal of Nuclear Fuel Cycle and Waste Technology (JNFCWT).
- Mun, Hun, Byunghoon Moon, Soo-jin Park, and Yongbeum Yoon*. 2021. “A Study on the Economic Feasibility of Stand-Alone Microgrid for Carbon-Free Island in Korea.” Energies 14(7): 1913.
- Kim, Sehyeon, Markus Holz, Soo-jin Park, Yongbeum Yoon, Eunchel Cho, and Junsin Yi*. 2021. “Future Options for Lightweight Photovoltaic Modules in Electrical Passenger Cars.” Sustainability 13(5): 2532.
- Kim, Kyung-Hwan, Soo-jin Park*, Man Cho, and Seung Dong You. 2020. “Housing Affordability, Borrowing Constraints and Tenure Choice in Korea.” International Journal of Urban Sciences. 25(sup1): 111–134.
- Park, Soo-jin, Seungdong Yoo*, Kyungwhan Kim, and Man Cho. 2020. “Housing Demand Elasticities in Korean Cities: Variations over Time and across Location.” Korea Association of Applied Economics. Vol. 22.
- Park, Soo-jin* and Man Cho. 2020. “Welfare Implications of Credit Rationing for Financial Consumers: An Empirical Investigation on the Case of the Korean Residential Mortgage Sector.” International Review of Financial Consumers. Vol. 5(1): 13–24.
- Cho, Man, Soo-jin Park*, Inho Song, and Min Hwang. 2019. “Population Aging and House Prices: An Empirical Study with Vector Error Correction Model (VECM).” Journal of Korean Economic Analysis. 24(3): 151–183.
Projects
- Financial Impact Analysis of Digital Innovation and Verification in Small Modular Reactor (SMR) Operations Technology, Korea Atomic Energy Research Institute. 2025.
- Professional Education Program on Electric Resource Planning and Economic Impact Analysis for SMR Implementation, Ministry of Foreign Affairs of Korea and UAE. 2025.
- Preliminary Feasibility Study for the Guri E-commerce Logistics Hub Development Project (Agent: Korea Land and Housing Corporation), KDI. 2025.
- Preliminary Feasibility Study and AHP-based evaluation on the Yulhyeon District Development Project (Agent: Korea Land and Housing Corporation). KDI. 2025.
- Financial and tax analysis on the Equity Conversion of the Bolero Mining Project (Mexico) (Agent: Korea Mine Rehabilitation and Mineral Resources Corporation), KDI. 2025.
- Impact Assessment of Replacing Coal Power Plants with Small Modular Reactors (SMRs), Korea Energy Economics Institute (KEEI). 2024, December.
- International Case Studies on Radioactive Waste Management Agencies for Securing Stable Financing. Gyeongju, South Korea: Korea Radioactive Waste Agency (KORAD). 2024, December.
- Feasibility and Strategic Study on the Implementation of SMART-C. Daejeon, South Korea: Korea Hydro & Nuclear Power Co., Ltd. (KHNP), 2024. November.
- International Case Study on Availability Payment (AP) Financing Models. Sejong, South Korea: Korea Development Institute (KDI). 2024.
- Financial analysis and AHP-based evaluation on the Relocation of Ulsan Agricultural & Fishery Wholesale Market and Public Office Facilities (Agent: Korea Land and Housing Corporation), KDI. 2024.
- Financial analysis and AHP-based evaluation on the Six Urban Redevelopment Projects in Central Seoul (Agent: Korea Land and Housing Corporation), KDI. 2024.
- Project Review as Evaluation Committee Member in Economic Feasibility Study of the Shinan (KSA-1) Offshore Wind Power Project (Agent: Korea Electric Power Corporation), KDI. 2024.
- Project Feasibility Review and AHP on the Trumbull Combined-Cycle Gas Power Plant Project (USA) (Agent: Korea East-West Power), KDI. 2024.
- Project Feasibility Review and AHP on the KEC Combined-Cycle Gas Power Plant Project (USA) (Agent: Korea Western Power), KDI. 2024.
- Optimal Energy Planning with i-SMR: A National Case Study Using an Integrated Power Plan Model, Korea Energy Economics Institute (KEEI). 2023.
- Study on the Economic Variable Estimation Methods for Radioactive Waste Management Costs, Korea Radioactive Waste Agency. 2023.
- Development of AI Technology for Radionuclide Analysis and Verification of Radioactive Waste, Korea Hydro & Nuclear Power Central Research Institute. 2023.
- Case Studies on PPP Projects in Major Countries in Response to Construction Cost Increases, Korea Development Institute (KDI). 2023.
- Study on Improving the Economic Feasibility of Renewable Energy Surplus Power Treatment Technologies, Korea Electric Power Corporation, 2023.
- Project Feasibility Review and AHP on the Coral South FLNG Project, Area 4 (Mozambique) (Agent: Korea Gas Corporation), KDI. 2023.
- Project Feasibility Review and AHP on the Vietnam Block 15-1 Resource Development Project (Agent: Korea National Oil Corporation), KDI. 2023.
- AHP on the Economic Feasibility Study of the Boryeong Units 5 & 6 Fuel Conversion and Replacement Project (Agent: Korea Midland Power), KDI. 2023.
- Project Feasibility Review and AHP on the Amala Solar PV + ESS Bid Project in Saudi Arabia (Agent: Korea East-West Power), KDI. 2023.
- Project Feasibility Review and AHP on the Kalam-Asrit Hydropower Project in Pakistan (Agent: Korea South-East Power), KDI. 2023.
- Cost-Benefit Analysis of the Carbon Neutral LED Replacement Project in Goyang City, Gyeonggi Public Investment Management Center. 2022.
- The 4th National Basic Plan for Overseas Construction Promotion, Ministry of Land, Infrastructure, and Transport. 2021.
- Efficiency Study on Concession Contracts, KDI and Ministry of Strategy and Finance. 2021.
- Financial Consumer Protection in the Era of Digital Transformation: A critical survey of literature and policy practices, KDI Working Paper Series. KDI. 2021.
- Did Financial Consumers Benefit from the Digital Transformation? An Empirical Investigation and a Case Study, KDI Working Paper Series, KDI. 2021.
- Case Studies and Impact of Introducing Inclusive Principle to National PPP Law in Selecting Eligible Facilities, KDI. 2020.
- Strategy Development for KIND (Korea Overseas Infrastructure & Urban Development Corporation) with Industrial Support Policy, KIND. 2020.
- A Basic Study for Developing a Regional Deprivation Index of Korea, KDI. 2020.
- A Research on Proper Level of Financial Discount Rate for Value-for Money Test in National PPP Guideline, KDI and Ministry of Strategy and Finance. 2020.
- A Feasibility Study on Pusan Industrial Techno-Park, Finance Review Section, Ministry of Strategy and Finance. 2020.
- A Feasibility Study on Nenskra Hydropower in Georgia, Finance Review Section, Ministry of Strategy and Finance. 2020.
- A Feasibility Study on Lower Spat Gah Hydropower in Pakistan, Finance Review Section, Ministry of Strategy and Finance. 2020.
- International Housing Market Experience and Implications for China, Routledge. 2019.
- Research on the Credit Rating Utilization Strategy of Construction Guarantee Trust, CERIK. 2019.
- A Study on the Role of Construction Guarantee Trust for the National Construction Export Vitalization, CERIK. 2019.
- A Feasibility Study on KEC Combined Cycle in US, Ministry of Strategy and Finance. 2020.
- A Long-term business strategy and action plan of KIND (Korea Overseas Infrastructure & Urban Development Corporation), KIND. 2019.
- Developing business and financial support models for promoting social housing in Korea, Korea Housing & Urban Guarantee Corporation. 2019.
- Revitalization of PPP system with enhanced social publicness, CERIK. 2018.
- The Relationship between Macroeconomic Variables and Default Rate in Construction Industry, CERIK. 2018.
- Enhancing the Publicness of National Public-Private Partnership Policy, CERIK. 2018.
- A Study on the Optimal Risk Sharing Structure of Infrastructure Investment, KDI. 2018.
- Improvement of the Risk Sharing Scheme in the National BTO Contract Guideline, MOSF. 2018.
- Infrastructure Fund Invigoration: Policy and Strategy, MOSF and KDI. 2018.
- A New Business Strategy for Construction Guarantee’, CERIK. 2018.
- A study on policy direction of construction and real estate in new presidency’, CERIK. 2018.
- International Comparative Study on the Public-Private Partnership Policy and Outcome’, KDI. 2017.
- Improvement of PPP Project Refinancing Guideline’, CERIK. 2017.
- New Paradigm of Infrastructure Demand and Investment Policy: from New Construction to Rehabilitation, CERIK. 2017.
- The Infrastructure Enhancement Strategy for the Fourth Industrial Revolution, CERIK. 2017.
- A Study on Demand Risk Sharing Mechanism for Public-Private Partnership contract, KDI. 2016.
- A Long-term Reorganization Plan of the National Loan’s Fund’, Ministry of Strategy and Finance of Korea. 2015.
- Research on the Social Discount Rate of Korea, KDI. 2015.
- Study on The Project Return of Public Private Partnership in Korea, KDI. 2015.
- 2015 National PPP Basic Plan, Ministry of Strategy and Finance of Korea. 2015.
- Success Stories and Lessons Learned from PPP Projects in Korea, submitted to APEC secretariat for the ‘Guidebook on Public Private Partnership Frameworks in APEC Region’ (2014)’ 2014.
- A Study on Bridging Long-term Private Capital over Public-Private Partnership, OECD-KDI Co-Research Report. 2014.