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, many...

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Main Authors: Syed Ahmad Bokharey, Syed Kamarul Bakri, Kalaikumar, V., Narayanan,, S.P, Nabilah , A.B.
Format: Citation Index Journal
Language:English
Published: WASET - World Academy of Science, Engineering and, United States 2010
Subjects:
Online Access:http://scholars.utp.edu.my/id/eprint/2453/
http://scholars.utp.edu.my/id/eprint/2453/1/v63-73.pdf
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author Syed Ahmad Bokharey, Syed Kamarul Bakri
Kalaikumar, V.
Narayanan,, S.P
Nabilah , A.B.
author_facet Syed Ahmad Bokharey, Syed Kamarul Bakri
Kalaikumar, V.
Narayanan,, S.P
Nabilah , A.B.
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 goodmanagerial 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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spelling oai:scholars.utp.edu.my:24532017-01-19T08:24:24Z http://scholars.utp.edu.my/id/eprint/2453/ Risks and Mitigation Measures in Build- Operate-Transfer Projects Syed Ahmad Bokharey, Syed Kamarul Bakri Kalaikumar, V. Narayanan,, S.P Nabilah , A.B. 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 goodmanagerial 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. WASET - World Academy of Science, Engineering and, United States 2010-03 Citation Index Journal PeerReviewed application/pdf en http://scholars.utp.edu.my/id/eprint/2453/1/v63-73.pdf Syed Ahmad Bokharey, Syed Kamarul Bakri and Kalaikumar, V. and Narayanan,, S.P and Nabilah , A.B. (2010) Risks and Mitigation Measures in Build- Operate-Transfer Projects. [Citation Index Journal]
spellingShingle TA Engineering (General). Civil engineering (General)
Syed Ahmad Bokharey, Syed Kamarul Bakri
Kalaikumar, V.
Narayanan,, S.P
Nabilah , A.B.
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/2453/
http://scholars.utp.edu.my/id/eprint/2453/1/v63-73.pdf