CONSTRAINTS IN ADOPTION OF BUILD OPERATE AND TRANSFER (BOT) PROJECTS IN DEVELOPING COUNTRIES - FACT FINDINGS FROM PAKISTAN

Build Operate and Transfer (BOT) is a popular choice of infrastructure development for both government as well as private sector entity worldwide. The conditions of contract in BOT models look attractive during pre-contract stage to all stakeholders. However during post-contract period these attractions diminish, because, the BOT contract conditions are associated with various constraints. The potential impacts of these constraints are different for different stakeholders. That is why; BOT contract adoption is complicated particularly in developing countries. This paper presents the factual results about the type, nature and intensity of various constraints faced by stakeholders in Pakistan during adoption of BOT contract. The findings presented in the paper are based on a detailed survey which narrate that economical, social and political are primary, whereas, technological and physical are secondary constraints in adoption of BOT contracts in Pakistan.