Samenvatting
The author suggests that although essential for the common good, transport projects are not generally finacially viable. Governments have become inactive and companies have gained little in return for a large commitment. The characteristics which make Build, Operate and Transfer projects problematic are examined. Public policy requirements are listed and the cases of a number of projects in Asia considered. Experience of projects in Thailand, Malaysia and the Philipines is described. Malaysia has been most successful with such projects. Reasons for this are suggested to be a strong government with a consistent sense of purpose and a strong entrepreneurial private sector. Recommendations are made for successful BOT projects.