The Risk Of BOT And The Government Guarantee In BOT

With the economic development of our country, the mission of the infrastructure constructing is formidable. It has been proved that BOT is the availability means to supply the lack of capital by the fulfillment. But there are many questions in the procedure of the using of BOT in our country. The private investor sometimes request the government make with some guarantee in the concession protocol, such as the glebe and logistics guarantee, exchange guarantee, the limited competition guarantee, ROI guarantee and so on. This thesis analysis the question of the government guarantee in BOT, studies the feasibility and maneuverability of using BOT in our country, the thesis also studies the adoptable means.First, this thesis introduces the conception and means and the used circumstances of BOT. It clarifies the important rule in the construction of infrastructure constructing. Secondly, this thesis clarifies the investor must pay attention to the political risk besides the general business risk and logically Using the different means of government guarantee to avoid the risk by the analytics of the two kinds of risk of BOT. Lastly, this thesis analyzes the limit and reasons of the government guarantee in our country, and points out it is important to wake up to the BOT action in order to boost the development of BOT and reduce the risk of investors, and also make it serviced our economical construction.