Development and Operation of Table
Ⅰ General Situation
Ⅱ Facility & Equipment
Ⅲ Occupants
Ⅳ Working Process
Ⅴ Functions & Effects of ICD
Ⅵ Consideration of PPP
- 1 - Korea
Bhutan
China Japan
Myanmar
Laos
Thailand
Cambodia
Map of Asia - 2 - Seoul
Uiwang ICD
Busan Port
Map of Korea - 3 - Railroad Station
Highway
Highway
General view of Uiwang Inland Container Depot - 4 - Repair Shop Gas Station
Station Building
Terminal 1
CFS
CY
Terminal 2 Railroad
Expressway Auto Maint. Shop
CFS
Map of Uiwang Inland Container Depot - 5 - Purpose of Establishment
Strengthening national competitive power by minimizing logistics cost through improvement of nation’s ocean-going container logistics system
Found of Corporation
ㅇ ‘91.5 : Finalization of Construction Plan of ICD (SOC Investment Committee – Government body) ㅇ ‘92.4 : Establishment of SPC (Uiwang ICD Co.,Ltd.)
Invite of Stockholders
ㅇ Public Sector : 25% (Korea Railroad/Government owned corporation)
ㅇ Private Sector : 75% (15 Companies) - 14 container transportation companies - 1 container repair company
- 6 - Secure of Land-site
ㅇ Ownership of Land : Public Sector (Korea Railroad) ㅇ Period of Lease : 1993.7~2023.7 (30 years) * Pay rental charge every year
Construction
ㅇ Period : ‘94.12 ~ ‘96.10 ㅇ Total Cost : US$30Million ㅇ Financing - Public sector : Base facilities (road, railroad, electricity, water, sewage) - Private sector : Building, CY(Container Yard), CFS, Equipments * Stockholders paid construction cost by cash ratio of their shares. ㅇ Container Handling Capacity : 1.3 Million TEU/year
Benefit of Investment
ㅇ Obtain the right of monopolistic using of CY by paying charge * Private stockholders(15) operate their CY independently ㅇ Obtain the right of using of office room by free of charge ㅇ Type of Investment : BUILD OPERATE(30years) TRANSFER
- 7 - Item Description
Total of Lands (Area) 753,000 ㎡ Container Yard 417,000 ㎡ C.F.S (Bonded Warehouse) 10,700 ㎡ (3 bldgs) Operation Building 140,000 ㎡ (8 bldgs) Automobile Maint. Shop 1,720 ㎡ ( 1 bldgs) Container Maint. Shop 1,220 ㎡ (1 bldgs) Reefer Plug 96 Unit Railway 6,262 m (11 lines) Gas Station 480㎘
- 8 - Transfer Crane (3EA) Reach Stacker (43EA)
(RTGC type)
Tractor (650EA) Trailer (1800EA)
- 9 - Operation Structure
Uiwang ICD Co., Ltd Shareholder Company
Management of Facility Transportation of Container Loading/Unloading of Railroad Operation of CY(Container Yard) Container & CFS (Container Freight Station) Public Container Yard Operation Container Repair Shop Bonded Area Operation Automobile Maintenance Shop Sales of Petroleum
Government Body
Name Major Function
Custom House Customs clearance procedure Foodstuff Inspection Inspection of imported Foodstuff Plant Quarantine Quarantine of imported agri-product Railroad Station Railroad Transport of Container
- 10 - Others
Customs Clearance Brokers
Transportation Brokers (35)
Convenient Facilities : cafeteria, lodging house
Working person : 1,000 (Uiwang ICD Co., Staff : 37)
- 11 - Import
Railroad Overland
Unloading Report
GATE
BUSAN GWANGYANG • RAILROAD OVERLAND
- 13 - DFT : Domestic Freight Terminal IFT : Combined ICD and DFT
Incheon Port
Busan Port Gwangyang Port Major Sea Ports and Dry Ports - 14 - - 2 - Inland Container Terminal
Perform CY(Container-Yard), CFS (Container Freight Station) function like Ports
Record (TEU)
Item 2011 2012 2013 2014 2015
Railroad 502,366 527,732 495,464 444,583 448,716
Overland 493,368 481,044 583,659 563,181 536,032
Total 995,734 1,008,776 1,079,123 1,007,764 984,748
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Railroad Transportation
Contract with transportation company with round-trip and daily basis
Running time : 8 ~ 30 Trains per day Uiwang ICD Busan, Gwangyang Ports
Record (TEU)
Item 2011 2012 2013 2014 2015
Arrival 230,685 243,066 227,721 193,393 202,143
Dispatch 271,681 284,666 272,743 251,190 246,573
Total 502,366 527,732 495,464 444,583 448,716
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Customs Clearance
One-stop Service
Custom House, Food Inspection Office, Plant Quarantine Office station in ICD
Check the customs procedure in real time on Integral Logistics Network
Record Information Network (TEU)
Item 2012 2013 2014 2015 Korail Customs Government Import 46,862 48,946 36,775 35,933
Commodity Uiwang ICD
Transportation Machinery Electric Footwear Ot h e r s Company Shipper 25% 23% 10% 42% Shipping Line
- 20 -
Inland Transportation
Deliver Empty Container shortest distance
Combine Transport with Railroad & Overland
Flow of Transport Railroad Transport(Korail) Overland Transport
[Ports] [Uiwang ICD] [Shipper] Save Delivery Cost
- 22 - Relief of Traffic Congestion by large volume of Railroad Transport
Utilization as Clearance Depot for Capital Region’s Container (Curtailment of cost and time)
Reform the function of CY/CFS at inland as Sea-ports (Relief of accumulated cargo at ports)
Operate sophisticated computer processing system (Supplying latest logistics information to the related parties at real time)
- 23 - Background of PPP Settlement
ㅇ SOC Investment Committee publish construction plan of ICD (‘91.5) - Railroad Authority (RA) : wants to construct & operate alone by the RA’s budget - Private sector(transportation company) : oppose RA’s plan and persuade Committee to make PPP with RA [factors of success] * If RA’s union strike and the ICD shut-down, it becomes the disaster * RA does not have experience of management of ICD * Government invite Private sector’s money and save the budgets
Conclusion of PPP Negotiation
ㅇ Railroad Authority : 25% (invest to commercial company up to 25% only) ㅇ Private Sector : 75% - transportation companies (14) : 73% (secure the area of CY by shares) - container repair company (1) : 2%
- 24 - Benefits
ㅇ Government’s financial support - direct support of 25% of total construction cost - improvement and widen the road of outside ICD
ㅇ Easy to go through permission procedures of central and local government - evaluation of transport effects and environmental effects according to development - construction in the development of restriction zone (Green Belt Zone)
ㅇ Use of public land sites (property) at competitive cost
ㅇ Sustainable operation of ICD during 30 years - according to contract with public
ㅇ Get a loan(policy fund) from financial institute at a very low interest (other ICDs)
- 25 - Challenges
ㅇ Tendency toward private side, when a conflict of interests between Public and Private - Public sector : the right of nomination of CEO, - Private sector : dominant position in a board of directors and a general shareholder’s meeting.
ㅇ Differing view on operation and management of ICD company - Public sector : to increase freights of railroad transportation and dividend of share - Private sector : instead of dividend, to keep a low rates(charges) of operational cost. * Our company transacts business with Private sector 67% of total revenues.
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