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Cheng, M Y and O'Connor, J T (1996) ArcSite: Enhanced GIS for Construction Site Layout. Journal of Construction Engineering and Management, 122(04), 329–36.

Fischer, M A and Aalami, F (1996) Scheduling with Computer-Interpretable Construction Method Models. Journal of Construction Engineering and Management, 122(04), 337–47.

Lin, K and Haas, C T (1996) Multiple Heavy Lifts Optimization. Journal of Construction Engineering and Management, 122(04), 354–62.

Lorterapong, P and Moselhi, O (1996) Project-Network Analysis Using Fuzzy Sets Theory. Journal of Construction Engineering and Management, 122(04), 308–18.

Palmer, A, Kelly, J and Male, S (1996) Holistic Appraisal of Value Engineering in Construction in United States. Journal of Construction Engineering and Management, 122(04), 324–8.

Ruff, C M, Dzombak, D A and Hendrickson, C T (1996) Owner-Contractor Relationships on Contaminated Site Remediation Projects. Journal of Construction Engineering and Management, 122(04), 348–53.

Senior, B A (1996) Electrical Construction Foreman Task Scheduling. Journal of Construction Engineering and Management, 122(04), 363–9.

Shapira, A and Glascock, J D (1996) Culture of Using Mobile Cranes for Building Construction. Journal of Construction Engineering and Management, 122(04), 298–307.

Shen, L, Lee, R K H and Zhang, Z (1996) Application of BOT System for Infrastructure Projects in China. Journal of Construction Engineering and Management, 122(04), 319–23.

  • Type: Journal Article
  • Keywords:
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)0733-9364(1996)122:4(319)
  • Abstract:
    The Build-Operate-Transfer (BOT) concept has now become an accepted means of securing private-sector involvement in infrastructure projects. The popularity of BOT mechanisms is growing in the developing countries, which offers increasing investment, construction, procurement, and other business opportunities for the investors from developed countries. This paper identifies the major areas where BOT systems are applied in China. Market potential for absorbing foreign investment involved in a BOT system has been evaluated. In particular, the market prospects for power, transportation, and water resource projects are investigated. The study also identifies the enjoyable benefits, other favorable conditions, and key factors affecting the application of BOT in the Chinese infrastructure projects. The government policies on taxation, foreign exchange, and favorable conditions to attract foreign investment to this application are examined. The applicable investment patterns and the procedures of adopting BOT have been investigated, and are presented to assist foreign investors planning to develop infrastructure projects in China.