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Article: Governmental role in BOT-led infrastructure development

TitleGovernmental role in BOT-led infrastructure development
Authors
KeywordsBOT-type schemes
Governmental role
HHong Kong
Infrastructure projects
Issue Date2001
PublisherPergamon. The Journal's web site is located at http://www.elsevier.com/locate/ijproman
Citation
International Journal Of Project Management, 2001, v. 19 n. 4, p. 195-205 How to Cite?
AbstractBOT-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 further illustrated by relevant examples from Hong Kong experience in evolving an effective BOT project management framework for transportation/tunnel projects. © 2001 Elsevier Science Ltd and IPMA. All rights reserved.
Persistent Identifierhttp://hdl.handle.net/10722/70700
ISSN
2015 Impact Factor: 2.885
2015 SCImago Journal Rankings: 1.497
References

 

DC FieldValueLanguage
dc.contributor.authorKumaraswamy, MMen_HK
dc.contributor.authorZhang, XQen_HK
dc.date.accessioned2010-09-06T06:25:19Z-
dc.date.available2010-09-06T06:25:19Z-
dc.date.issued2001en_HK
dc.identifier.citationInternational Journal Of Project Management, 2001, v. 19 n. 4, p. 195-205en_HK
dc.identifier.issn0263-7863en_HK
dc.identifier.urihttp://hdl.handle.net/10722/70700-
dc.description.abstractBOT-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 further illustrated by relevant examples from Hong Kong experience in evolving an effective BOT project management framework for transportation/tunnel projects. © 2001 Elsevier Science Ltd and IPMA. All rights reserved.en_HK
dc.languageengen_HK
dc.publisherPergamon. The Journal's web site is located at http://www.elsevier.com/locate/ijpromanen_HK
dc.relation.ispartofInternational Journal of Project Managementen_HK
dc.subjectBOT-type schemesen_HK
dc.subjectGovernmental roleen_HK
dc.subjectHHong Kongen_HK
dc.subjectInfrastructure projectsen_HK
dc.titleGovernmental role in BOT-led infrastructure developmenten_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0263-7863&volume=19 &issue=4&spage=195 &epage= 205&date=2001&atitle=Governmental+role+in+BOT-led+Infrastructure+Developmenten_HK
dc.identifier.emailKumaraswamy, MM:mohan@hkucc.hku.hken_HK
dc.identifier.authorityKumaraswamy, MM=rp00126en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1016/S0263-7863(99)00069-1en_HK
dc.identifier.scopuseid_2-s2.0-0035341384en_HK
dc.identifier.hkuros62466en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0035341384&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume19en_HK
dc.identifier.issue4en_HK
dc.identifier.spage195en_HK
dc.identifier.epage205en_HK
dc.publisher.placeUnited Kingdomen_HK
dc.identifier.scopusauthoridKumaraswamy, MM=35566270600en_HK
dc.identifier.scopusauthoridZhang, XQ=16647701900en_HK

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