Challenges for promoting urban development by Public-Private Partnership utilized Urban Renewal Corporation system

Focusing on the operational status of the assignment and continuation, and frequency of communication between Urban Renewal Corporation and municipality

Abstract

The study aims to bring out challenges for promoting Public-Private Partnership utilized Urban Renewal Corporation, focusing on the operational status of the assignment and continuation, and frequency of communication between Urban Renewal Corporation and municipality. As a result, there is a risk of ambiguity in distinguishing between Urban Renewal Corporation and the other organizations. Besides, there is a possibility of issues arising when it becomes necessary to review or improve the designation of Urban Renewal Corporation. Furthermore, There are differences in the frequency of communication through partnership.