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Privatization Of Infrastructure Projects In
The Arab World ( BOT, Build Operate Transfer Projects ) The Way Forward In The New Millennium.” |
Introduction :
Most of the nations around the globe are looking for a
reduced role of their governments leading to the emergence of the privatization
concept almost in all areas. This global strategy makes privatization a very
hot topic in the Arab World today in particular the privatization of
infrastructure projects.
The obvious reason for such an immense interest in this
topic is the vision that the contribution of the private sector towards
investment in infrastructure projects is the only way to achieve the required
development of the Arab Nations and to face the challenges of the new millennium . This is particularly significant for the Arab
Nations due to the economic problems and budget deficits that most of them face
and the continuous fluctuation of oil prices.
The proposed seminar will discuss the above topic in a
systematic and scientific way. It will
present a historical background on the way such projects started with the
related definitions used all around the world.
It will cover the reasons for the emergence of this
system and it’s main advantages and disadvantages.
The seminar will also present examples of projects being
executed using BOT system all around the world with indication on the main
parties involved in it and its main stages.
The seminar will refer to the experience the Arab World
and the main projects under construction using BOT system.
The seminar finally covers the potential problems that
may be faced in the implementation of such a system with the necessary conclusions
and recommendations to achieve the best results.
Seminar Program :
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Introduction
and Historical background.
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Definitions
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Reasons
for emergence of BOT system
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Advantages
and disadvantages of the system
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The World
experience in BOT
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Examples
of projects built using BOT
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BOT
project structure and its phases
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Risk
distribution in BOT
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Financial
resources for BOT
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Comparison
between traditional contracts and BOT
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The
experience of the Arab World
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The main
problems and obstacles facing the implementation of BOT in the Arab World
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Conclusions
and recommendations to achieve best result for the next millennium