Governmental role in BOT-led ifrastructure development
By: KUMARASWAMY, M.M
.
Contributor(s): ZHANG, X.Q.
Material type: 
ArticlePublisher: 2001International Journal of Project Management 19, 4, p. 195-205Abstract: BOT-type schemes are attracting increasing interest with the growing thrust towards privatizing infrastructure projects in both developing and developed countries. However, an intelligent allocation of risks is a prerequisite to success of this relatively new procurement route, amidst the many variables and unknowns in such "long-term" and more complex scenarios. Concerted efforts from both government and private sectors, as well as appropriate political, legal and economic environments are also essential. This paper identifies and discusses various issues that governments need to deal with, for the BOT mechanism to work smoothly. These issues are futher illustrated by releveant examples form Hong Kong experience in evolving an effective BOT project management framework for trasportation/tunnel projects
| Item type | Current location | Collection | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| Periódico | Biblioteca Graciliano Ramos | Periódico | Not for loan |
BOT-type schemes are attracting increasing interest with the growing thrust towards privatizing infrastructure projects in both developing and developed countries. However, an intelligent allocation of risks is a prerequisite to success of this relatively new procurement route, amidst the many variables and unknowns in such "long-term" and more complex scenarios. Concerted efforts from both government and private sectors, as well as appropriate political, legal and economic environments are also essential. This paper identifies and discusses various issues that governments need to deal with, for the BOT mechanism to work smoothly. These issues are futher illustrated by releveant examples form Hong Kong experience in evolving an effective BOT project management framework for trasportation/tunnel projects
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