A legal analysis of successful and problematic build operate and transfer (BOT) projects in Malaysia

Ruzian Markom, Engku Rabiah Adawiah Engku Ali

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

The Malaysian government has adopted the Build Operate Transfer (BOT) project contractual arrangement for developing public infrastructure projects like highways and railways. In an effort to balance the economic and social needs of the community, the government has introduced a policy and legal framework to address the issue. The aim of this article is to study factors contributing to both successful and problematic BOT projects in Malaysia. The analysis reveals that there are common underlying factors contributing to the success of BOT projects such as: sound policy and regulatory framework, strong government support, clarity of project formulation and documentation, responsible sponsors and fair deals for all parties. On the other hand, the factors contributing to the problematic projects are individualised. Finally, steps to overcome the problems are elucidated to improve the efficiency and effectiveness of both BOT legal technique and privatisation in general.

Original languageEnglish
Pages (from-to)133-150
Number of pages18
JournalInternational Journal of Business and Society
Volume13
Issue number2
Publication statusPublished - 2012

Fingerprint

Malaysia
Factors
Government
Documentation
Common factors
Public infrastructure
Regulatory framework
Government support
Sponsor
Build-operate-transfer
Infrastructure projects
Privatization
Railway
Economics
Legal framework

Keywords

  • Built operate transfer
  • Legal framework
  • Policy framework
  • Public infrastructure

ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance
  • Strategy and Management
  • Business and International Management

Cite this

A legal analysis of successful and problematic build operate and transfer (BOT) projects in Malaysia. / Markom, Ruzian; Ali, Engku Rabiah Adawiah Engku.

In: International Journal of Business and Society, Vol. 13, No. 2, 2012, p. 133-150.

Research output: Contribution to journalArticle

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