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Barrett, P S, Sexton, M G and Green, L (1999) Integrated delivery systems for sustainable construction. Building Research & Information, 27(06), 398–405.

Berggren, B (1999) Industry's contribution to sustainable development. Building Research & Information, 27(06), 432–6.

Bourdeau, L (1999) Sustainable development and the future of construction: a comparison of visions from various countries. Building Research & Information, 27(06), 355–67.

Brandon, P S (1999) Sustainability in management and organization: the key issues?. Building Research & Information, 27(06), 391–7.

Bröchner, J, Ang, G K I and Fredriksson, G (1999) Sustainability and the performance concept: encouraging innovative environmental technology in construction. Building Research & Information, 27(06), 367–78.

Cheng, Z, Ke, Y, Yang, Z, Cai, J and Wang, H (2020) Diversification or convergence. Engineering, Construction and Architectural Management, 27(06), 1315–35.

Clarke, L, van der Meer, M, Bingham, C, Michielsens, E and Miller, S (2009) Enabling and disabling: disability in the British and Dutch construction sectors. Construction Management and Economics, 27(06), 555–66.

Courtney, R (1999) CIB Agenda 21 and the building research community. Building Research & Information, 27(06), 373–7.

Gunduz, M and Elsherbeny, H A (2020) Critical assessment of construction contract administration using fuzzy structural equation modeling. Engineering, Construction and Architectural Management, 27(06), 1233–55.

Gurgun, A P and Koc, K (2020) Contractor prequalification for green buildings—evidence from Turkey. Engineering, Construction and Architectural Management, 27(06), 1377–400.

Huang, Y-L (2009) Prediction of contractor default probability using structural models of credit risk: an empirical investigation. Construction Management and Economics, 27(06), 581–96.

Löwstedt, M and Sandberg, R (2020) Standardizing the free and independent professional. Engineering, Construction and Architectural Management, 27(06), 1337–55.

Lacasse, M A (1999) Materials and technology for sustainable construction. Building Research & Information, 27(06), 406–9.

Lau, E and Rowlinson, S (2009) Interpersonal trust and inter-firm trust in construction projects. Construction Management and Economics, 27(06), 539–54.

Le, P T, Chileshe, N, Kirytopoulos, K and Rameezdeen, R (2020) Investigating the significance of risks in BOT transportation projects in Vietnam. Engineering, Construction and Architectural Management, 27(06), 1401–25.

• Type: Journal Article
• Keywords: Public private partnership (PPP); Built Operate Transfer (BOT); Risk; Analysis; Assessment; Priority; Ranking transportation; Vietnam;
• ISBN/ISSN: 0969-9988
• URL: https://doi.org/10.1108/ECAM-08-2019-0439
• Abstract:
  The Built Operate Transfer (BOT) model has been increasingly used in transportation investments in Vietnam. However, there is still an inadequacy of risk management applications in these projects and lack of research in this area. The study aims to improve the success of projects implemented through the BOT model in Vietnam. The study followed a sequential design including interviews and a questionnaire survey to investigate the perception of stakeholders from public and private sector regarding the probability of occurrence and the severity of impact of risks in BOT transportation projects in Vietnam. Quantitative data from the survey was subjected to descriptive and inferential statistics to explore the priority of risks as well as the differences in the perception between the public and private sectors. The results showed that the top five most significant risks in BOT transportation projects in Vietnam are: (1) problems with land acquisition and compensation, (2) inappropriate location of toll booths, (3) public resistance to pay, (4) high toll rate and (5) lack of cash flow. With the exception of “lack of cash flow,” there were no statistically significant differences in the rankings of individual risks between the public and private sector. In addition, there is a significant positive correlation in the overall rankings of all risks for both sectors. This study contributes to the body of knowledge by exploring the probability of occurrence and the severity of the impact of risks in BOT transportation projects in a developing country like Vietnam which has not been extensively explored yet. Second, it provides an insight into the perception of stakeholders from the public and private sector regarding the level of risks which is very useful for potential stakeholders in making decisions when they intend to participate in such partnerships. Third, it enables the Vietnamese government to establish suitable policies related to such projects. These contributions are very important in improving risk management in PPPs in developing countries.

Li, H, Li, V, Skitmore, M, Wong, J K W and Cheng, E W L (2009) Competitiveness factors: a study of the real estate market in China. Construction Management and Economics, 27(06), 567–79.

Li, J, Zuo, J, Jiang, W, Zhong, X, Li, J and Pan, Y (2020) Policy instrument choice for construction and demolition waste management: the case study of Shenzhen, China. Engineering, Construction and Architectural Management, 27(06), 1283–97.

Madson, K M, Franz, B, Molenaar, K R and Okudan Kremer, G (2020) Strategic development of flexible manufacturing facilities. Engineering, Construction and Architectural Management, 27(06), 1299–314.

Olawumi, T O and Chan, D W (2020) Key drivers for smart and sustainable practices in the built environment. Engineering, Construction and Architectural Management, 27(06), 1257–81.

Patermann, C (1999) The fifth EU framework programme and its consequences for the construction industry. Building Research & Information, 27(06), 413–9.

Plessis, C D (1999) Sustainable development demands dialogue between developed and developing worlds. Building Research & Information, 27(06), 319–90.

Pollington, C (1999) Legal and procurement practices for sustainable development. Building Research & Information, 27(06), 410–2.

Raynsford, N (1999) The UK's approach to sustainable development in construction. Building Research & Information, 27(06), 420–4.

Santoso, D S (2009) The construction site as a multicultural workplace: a perspective of minority migrant workers in Brunei. Construction Management and Economics, 27(06), 529–37.

Sjöström, C and Bakens, W (1999) CIB Agenda 21 for sustainable construction: why, how and what?. Building Research & Information, 27(06), 348–54.

Stigson, B (1999) Sustainable development for industry and society. Building Research & Information, 27(06), 425–31.

Vieira, R, Carreira, P, Domingues, P and Costa, A A (2020) Supporting building automation systems in BIM/IFC: reviewing the existing information gap. Engineering, Construction and Architectural Management, 27(06), 1357–75.

Walraven, A and de Vries, B (2009) From demand driven contractor selection towards value driven contractor selection. Construction Management and Economics, 27(06), 597–604.