S.Q. WANG
Case study of government initiatives for PRC's BOT power plant project - feb. 2000
The economic growth in the People's Republic of China (PRC) has resulted in more demand for basic infrastructure like roads, ports, and power generation facilities. To meet the development needs, the Chinese government has granted building operate-transfer (BOT) concessions to attract foreign investiment. A few state-approved pilot projects have been awarded since late 1996, the first of which was the Laibin B power project in the Guangxi province. This paper will discuss the government initiatives and guarantees provided for BOT projects in China based on the Laibin B Power Plant Project in mitigating the risks. The lessons for investing in future similar BOT projects in China will be drawn
Build-operate-transfer (BOT)
Government Initiatives
Incentives
Guarantees
Case study of government initiatives for PRC's BOT power plant project - feb. 2000
The economic growth in the People's Republic of China (PRC) has resulted in more demand for basic infrastructure like roads, ports, and power generation facilities. To meet the development needs, the Chinese government has granted building operate-transfer (BOT) concessions to attract foreign investiment. A few state-approved pilot projects have been awarded since late 1996, the first of which was the Laibin B power project in the Guangxi province. This paper will discuss the government initiatives and guarantees provided for BOT projects in China based on the Laibin B Power Plant Project in mitigating the risks. The lessons for investing in future similar BOT projects in China will be drawn
Build-operate-transfer (BOT)
Government Initiatives
Incentives
Guarantees
