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Heydar Davoodian & Seyed Mahdi Seyed Kolbad

Analysis of Current Conditions of BOT Contracts and Proposed the Strategies to Increase its Efficiency

(Volume 86 - Année 2017 — Special issue)
Open Access

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In our country, due to the shortage of governmental financial resources and also increase of the range of the need for infrastructural facilities in various sectors, using contracts that are somehow seeking privatization methods and use capitals of the nongovernmental sector, whether domestic or foreign, is developing. Given the laws available in the country, which will be mentioned in this research, the BOT method has more compatibility with the laws of the country in comparison with other similar methods. Therefore, due to the increase of the application of BOT contracts in the country and usage of foreign capitals in the construction and the development of the infrastructural facilities in various sectors and absence of sufficient information and sources in this field, doing complementary studies in this respect is especially important. In this research, at first by studying the importance of development of infrastructural structures, the discussion of privatization and usage of the capitals of the private sector and also foreign investments in the construction and development of the infrastructural structures have been especially reviewed in the shape of BOT contracts. As we continue, by presenting a complete introduction of BOT contracts and the laws associated with them, some examples of the application of this method and the laws of executing it have been reviewed in various countries. Later, by studying the current laws in the country, the application of this method in the country and the obstacles on the way have been referred to.

Keywords : BOT, financing, increase of efficiency, privatization, rules and regulation

To cite this article

Heydar Davoodian & Seyed Mahdi Seyed Kolbad, «Analysis of Current Conditions of BOT Contracts and Proposed the Strategies to Increase its Efficiency», Bulletin de la Société Royale des Sciences de Liège [En ligne], Volume 86 - Année 2017, Special issue, 629 - 638 URL :

About: Heydar Davoodian

Department of management, Iran,

About: Seyed Mahdi Seyed Kolbad

Department of Civil Engineering, KN. Toosi University of Technology, Tehran, Iran