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A review of international BOT contracts from a legal perspective
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Abstract: (203 Views) |
One of the types of capital raising and financing contracts is construction contract, operation contract, transfer contract (BOT), which is a combination of three types of contractual relationship. In this type of contract, one party, which is often the government (employer), to use international economic, technological and infrastructure capacities, enters into contracts with large and powerful companies (often in the form of a consortium of several foreign companies) Builds and invests to achieve its grand goal by attracting capital and technology. This goal can be in important and strategic areas such as energy (construction of power plants and oil and gas refineries), urban development and other vital infrastructure (such as the construction of highways, airports and dams).
In general, BOT is a contractual mechanism by which economic and infrastructure projects are financed, implemented, and operated by private companies with the participation of the government. |
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| Keywords: General information about BOTT contracts, advantages and disadvantages of BOTT, general rules and regulations regarding BOTT, legal issues raised in BOTT contracts |
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Full-Text [PDF 217 kb]
(306 Downloads)
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Type of Study: Research |
Subject:
General
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