Matches in SemOpenAlex for { <https://semopenalex.org/work/W2973390602> ?p ?o ?g. }
Showing items 1 to 77 of
77
with 100 items per page.
- W2973390602 abstract "Abstract: Purpose – Several major infrastructure projects in the Hong Kong Special Administrative Region (HKSAR) have been delivered by the build-operate-transfer (BOT) model since the 1960s. Although the benefits of using BOT have been reported abundantly in the contemporary literature, some BOT projects were less successful than the others. This paper aims to find out why this is so and to explore whether BOT is the best financing model to procure major infrastructure projects. Design/methodology/approach – The benefits of BOT will first be reviewed. Some completed BOT projects in Hong Kong will be examined to ascertain how far the perceived benefits of BOT have been materialized in these projects. A highly profiled project, the Hong Kong-Zhuhai-Macau Bridge, which has long been promoted by the governments of the People's Republic of China, Macau Special Administrative Region and the HKSAR that BOT is the preferred financing model, but suddenly reverted back to the traditional financing model to be funded primarily by the three governments with public money instead, will be studied to explore the true value of the BOT financial model. Findings – Six main reasons for this radical change are derived from the analysis: shorter take-off time for the project; difference in legal systems causing difficulties in drafting BOT agreements; more government control on tolls; private sector uninterested due to unattractive economic package; avoid allegation of collusion between business and the governments; and a comfortable financial reserve possessed by the host governments. Originality/value – The findings from this paper are believed to provide a better understanding to the real benefits of BOT and the governments' main decision criteria in delivering major infrastructure projects." @default.
- W2973390602 created "2019-09-26" @default.
- W2973390602 creator A5009913850 @default.
- W2973390602 creator A5036107396 @default.
- W2973390602 date "2009-01-01" @default.
- W2973390602 modified "2023-09-23" @default.
- W2973390602 title "Practice briefing: Is BOT the best financing model to procure infrastructure projects? A case study of the Hong Kong-Shuhai-Macau Bridge" @default.
- W2973390602 hasPublicationYear "2009" @default.
- W2973390602 type Work @default.
- W2973390602 sameAs 2973390602 @default.
- W2973390602 citedByCount "0" @default.
- W2973390602 crossrefType "journal-article" @default.
- W2973390602 hasAuthorship W2973390602A5009913850 @default.
- W2973390602 hasAuthorship W2973390602A5036107396 @default.
- W2973390602 hasConcept C100776233 @default.
- W2973390602 hasConcept C10138342 @default.
- W2973390602 hasConcept C11012388 @default.
- W2973390602 hasConcept C121426985 @default.
- W2973390602 hasConcept C126322002 @default.
- W2973390602 hasConcept C138885662 @default.
- W2973390602 hasConcept C144133560 @default.
- W2973390602 hasConcept C162324750 @default.
- W2973390602 hasConcept C17744445 @default.
- W2973390602 hasConcept C187736073 @default.
- W2973390602 hasConcept C191935318 @default.
- W2973390602 hasConcept C199539241 @default.
- W2973390602 hasConcept C2775924081 @default.
- W2973390602 hasConcept C2776950860 @default.
- W2973390602 hasConcept C2778137410 @default.
- W2973390602 hasConcept C41895202 @default.
- W2973390602 hasConcept C50522688 @default.
- W2973390602 hasConcept C71924100 @default.
- W2973390602 hasConceptScore W2973390602C100776233 @default.
- W2973390602 hasConceptScore W2973390602C10138342 @default.
- W2973390602 hasConceptScore W2973390602C11012388 @default.
- W2973390602 hasConceptScore W2973390602C121426985 @default.
- W2973390602 hasConceptScore W2973390602C126322002 @default.
- W2973390602 hasConceptScore W2973390602C138885662 @default.
- W2973390602 hasConceptScore W2973390602C144133560 @default.
- W2973390602 hasConceptScore W2973390602C162324750 @default.
- W2973390602 hasConceptScore W2973390602C17744445 @default.
- W2973390602 hasConceptScore W2973390602C187736073 @default.
- W2973390602 hasConceptScore W2973390602C191935318 @default.
- W2973390602 hasConceptScore W2973390602C199539241 @default.
- W2973390602 hasConceptScore W2973390602C2775924081 @default.
- W2973390602 hasConceptScore W2973390602C2776950860 @default.
- W2973390602 hasConceptScore W2973390602C2778137410 @default.
- W2973390602 hasConceptScore W2973390602C41895202 @default.
- W2973390602 hasConceptScore W2973390602C50522688 @default.
- W2973390602 hasConceptScore W2973390602C71924100 @default.
- W2973390602 hasLocation W29733906021 @default.
- W2973390602 hasOpenAccess W2973390602 @default.
- W2973390602 hasPrimaryLocation W29733906021 @default.
- W2973390602 hasRelatedWork W125812907 @default.
- W2973390602 hasRelatedWork W1565066815 @default.
- W2973390602 hasRelatedWork W176416713 @default.
- W2973390602 hasRelatedWork W1973965243 @default.
- W2973390602 hasRelatedWork W2015034523 @default.
- W2973390602 hasRelatedWork W2030421711 @default.
- W2973390602 hasRelatedWork W2036298207 @default.
- W2973390602 hasRelatedWork W2081953727 @default.
- W2973390602 hasRelatedWork W2136265744 @default.
- W2973390602 hasRelatedWork W2214261582 @default.
- W2973390602 hasRelatedWork W2234454341 @default.
- W2973390602 hasRelatedWork W2330242640 @default.
- W2973390602 hasRelatedWork W2368436533 @default.
- W2973390602 hasRelatedWork W2370685220 @default.
- W2973390602 hasRelatedWork W2382322733 @default.
- W2973390602 hasRelatedWork W2802616657 @default.
- W2973390602 hasRelatedWork W55653007 @default.
- W2973390602 hasRelatedWork W616474426 @default.
- W2973390602 hasRelatedWork W658417820 @default.
- W2973390602 hasRelatedWork W857357760 @default.
- W2973390602 isParatext "false" @default.
- W2973390602 isRetracted "false" @default.
- W2973390602 magId "2973390602" @default.
- W2973390602 workType "article" @default.