Abstract The educational budget system and relevant decree have been promulgated since 2000. One of the important changes is the budget of each educational institute has been changed to funds system. Each educational institute should funds raised by itself. Come down a few years, inside in educational institute get up asymptotic change. They should have more interaction with the societies in order to obtain more resources. Because of the change and development of the social attitude, government¡¦s public affair budget has adjusted by a wide margin. Increase in the social welfare expenditure, comparatively, the budget of public construction are squeezed. The Law for Promotion of Private Participation in Infrastructure Projects, which was promulgated on Feb. 9, 2000, espouses the spirit of vigorous innovation and, from the aspect of creating benefit, establishes partnership relations between the government and the private sector. The main features of this law include the following: 1. Embodiment of general-type legislation. 2. Embodiment of the civil contract concept. 3. Maximization of private participation. 4. Maximization of government carefulness. The law builds the new bridge between public sector and private sector for working together. This research takes educational institute as an example, besides offering private participation opportunity; the project find the way to renew the facilities in the institute. The result of this research shows, consider the factors, such as the investment benefit, the right of consumers, the reasonable market price, etc, then adjust the proportion of investment, contract time, and find the way balancing between the public and private sector. It shows by the feedback plan to the institute or public sector. When the public sector carrying out BOT plan, should consider different plan characteristics, scale, market value, etc. adjust the relation with the private sector. Find the way working together, and make the project success. KEYWORD¡G educational institute, budget, Private Participation in Infrastructure Projects, investment feasibility study

The aim of this thesis is to prepare a study on feasibility of the area of a golf course in Mikulov. The study will be used as a material for potential negotiations with a possible investor. Drawing up a budget and quotation a total price of the project implementation are also the parts of the study.

In my master´s thesis I analyse on efficiency of investment project of the company SPAME Ltd. considering the financial analysis. The company intends to implement within the extension of its business activities. Substance of work is assessment of present circumstances of company and its financial analysis, recommendation on business plan and elaboration of planned income statement and its economic evaluation.