Financial Evaluation of Build-Operate-Transfer Projects: A Case Study of Myanmar Ports

被引：0

作者：

Lin, Khin ^{[1
]}

Yang Hua-long ^{[1
]}

Banomyong, Ruth

机构：

[1] Dalian Maritime Univ, Transportat Management Coll, Dalian, Peoples R China

来源：

2011 INTERNATIONAL CONFERENCE ON ECONOMIC, EDUCATION AND MANAGEMENT (ICEEM2011), VOL I | 2011年

关键词：

Build-Operate-Transfer(BOT) project; financial risk; developing countries;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In the global economy, Governments, especially in emerging economies, have resorted to Build-Operate-Transfer (BOT) project to allow private, foreign and national investors, to finance, design, construct, and operate large-scale infrastructure and development projects. The purpose of this paper is to compare the financial performance of two ports in Myanmar which benefited from such BOT project. The investor for Myanmar International Terminal Thilawa (MITT) is foreign port while the Asia World Port Terminal (AWPT) investors are local entrepreneurs. The observed findings are that the foreign investor operating with BOT system under Myanmar Foreign Investment Law is subject to higher financial risk than the domestic investor.

引用

页码：254 / 257

页数：4