Risks and Mitigation Measures in Build- Operate-Transfer Projects

Infrastructure investments are important in developing countries, it will not only help to foster the economic growth of a nation, but it will also act as a platform in which new forms of partnership and collaboration can be developed mainly in East Asian countries. Since the last two decades, m...

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Main Authors: Syed Ahmad Bokharey, Syed Kamarul Bakri, Vallyutham, Kalaikumar, Sambu Potty, Narayanan, Abu Bakar, Nabilah
Format: Conference or Workshop Item
Language:English
Published: 2010
Subjects:
Online Access:http://scholars.utp.edu.my/id/eprint/2056/
http://scholars.utp.edu.my/id/eprint/2056/1/v63-73.pdf
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author Syed Ahmad Bokharey, Syed Kamarul Bakri
Vallyutham, Kalaikumar
Sambu Potty, Narayanan
Abu Bakar, Nabilah
author_facet Syed Ahmad Bokharey, Syed Kamarul Bakri
Vallyutham, Kalaikumar
Sambu Potty, Narayanan
Abu Bakar, Nabilah
author_sort Syed Ahmad Bokharey, Syed Kamarul Bakri
building UTP Institutional Repository
collection Online Access
description Infrastructure investments are important in developing countries, it will not only help to foster the economic growth of a nation, but it will also act as a platform in which new forms of partnership and collaboration can be developed mainly in East Asian countries. Since the last two decades, many infrastructure projects had been completed through build-operate-transfer (BOT) type of procurement. The developments of BOT have attracted participation of local and foreign private sector investor to secure funding and to deliver projects on time, within the budget and to the required specifications. Private sectors are preferred by the government in East Asia to participate in BOT projects due to lack of public funding. The finding has resulted that the private sector or promoter of the BOT projects is exposed to multiple risks which have been discussed in this paper. Effective risk management methods and good managerial skills are required in ensuring the success of the project. The review indicated that mitigation measures should be employed by the promoter throughout the concession period and support from the host government is also required in ensuring the success of the BOT project.
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institution Universiti Teknologi Petronas
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language English
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spelling oai:scholars.utp.edu.my:20562017-01-19T08:24:58Z http://scholars.utp.edu.my/id/eprint/2056/ Risks and Mitigation Measures in Build- Operate-Transfer Projects Syed Ahmad Bokharey, Syed Kamarul Bakri Vallyutham, Kalaikumar Sambu Potty, Narayanan Abu Bakar, Nabilah TA Engineering (General). Civil engineering (General) Infrastructure investments are important in developing countries, it will not only help to foster the economic growth of a nation, but it will also act as a platform in which new forms of partnership and collaboration can be developed mainly in East Asian countries. Since the last two decades, many infrastructure projects had been completed through build-operate-transfer (BOT) type of procurement. The developments of BOT have attracted participation of local and foreign private sector investor to secure funding and to deliver projects on time, within the budget and to the required specifications. Private sectors are preferred by the government in East Asia to participate in BOT projects due to lack of public funding. The finding has resulted that the private sector or promoter of the BOT projects is exposed to multiple risks which have been discussed in this paper. Effective risk management methods and good managerial skills are required in ensuring the success of the project. The review indicated that mitigation measures should be employed by the promoter throughout the concession period and support from the host government is also required in ensuring the success of the BOT project. 2010 Conference or Workshop Item PeerReviewed application/pdf en http://scholars.utp.edu.my/id/eprint/2056/1/v63-73.pdf Syed Ahmad Bokharey, Syed Kamarul Bakri and Vallyutham, Kalaikumar and Sambu Potty, Narayanan and Abu Bakar, Nabilah (2010) Risks and Mitigation Measures in Build- Operate-Transfer Projects. In: World Academy of Science, Engineering and Technology 63.
spellingShingle TA Engineering (General). Civil engineering (General)
Syed Ahmad Bokharey, Syed Kamarul Bakri
Vallyutham, Kalaikumar
Sambu Potty, Narayanan
Abu Bakar, Nabilah
Risks and Mitigation Measures in Build- Operate-Transfer Projects
title Risks and Mitigation Measures in Build- Operate-Transfer Projects
title_full Risks and Mitigation Measures in Build- Operate-Transfer Projects
title_fullStr Risks and Mitigation Measures in Build- Operate-Transfer Projects
title_full_unstemmed Risks and Mitigation Measures in Build- Operate-Transfer Projects
title_short Risks and Mitigation Measures in Build- Operate-Transfer Projects
title_sort risks and mitigation measures in build- operate-transfer projects
topic TA Engineering (General). Civil engineering (General)
url http://scholars.utp.edu.my/id/eprint/2056/
http://scholars.utp.edu.my/id/eprint/2056/1/v63-73.pdf