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¡¡Build - Operate - Transfer
(BOT)
| BOT(abreciation for build
- operate - transfer) refers to the cooperative pattern
in which the government signs a contract with a project
company from the private sector (in China it refers
to overseas investment). The project company will raise
funding and construct the infrastructure project. The
project company, within an agreed period, will own run
and maintain the facilities and recoup investment and
make reasonable profit by collecting use or service
charges. At the termination of the contract, the ownership
of the project will he transferred to thc government
free of charge, BOT is primarily abopted in developing
infrastructure project such as toll roads, power plants.
railways, waste water processing facilities and urban
subways etc .
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