Risk Analysis For Oversea Hydropower Plant BOT Project

China has been developing very fast in recent decades. Response to the Government's call of "going out development strategy", the passion of our engineering contractors for Foreign Direct Investment is in upswing. BOT (Build-Operate-Transfer), a means of project financing, has been globally introduced and put into practice in both developing and developed countries as a new kind of international economic and technical cooperation. In order to enlarge the international market and gain a foothold, Chinese engineering contractors must participate in oversea BOT projects.Developing an oversea hydropower plant BOT project, there always goes with such as political risk, economical risk, financial risk, social risk, environment protection risk, and risk of hydropower industry, etc. How to analyze all the risks and establish strict risk management policy are key factors in a successful BOT project as well as core in project negotiation.The main content of this thesis is risk researching of oversea hydropower plant BOT project. Risk researching is the precondition of a project's decision-making and risk management. Risk researching includes risk recognition, risk analysis and countermeasures and so on. In the first part, presents the background of this researching article and concludes oversea investment is international trend, then brings forward risks of oversea hydropower plant BOT project and necessity of risk researching. The second part recognizes and analyzes investment environment risks and hydropower industrial risks according to the characteristics of oversea hydropower plant BOT project, the researching works include qualitative analysis and quantitative analysis. The final fart introduces Khadrori project as typical case, analyzes all the risks which met in the project construction, and brings forward relevant countermeasures for explaining risks is inevitable in an oversea BOT project. The author hopes these real experiences and lessons could be used for reference by Chinese engineering contractors.Finally, the conclusion is that developing oversea hydropower plant BOT project is very significative, and the risk research of oversea hydropower plant BOT project is indispensable. Risk research should base on the hydropower industrial risks (in microcosmic) and the investment environment risks (in macroscopically). The keystones are investment environment risk analysis and countermeasures of the host country, especially Political Risk.