Abstract
The paper examines the BOT (build-operate-transfer) projects as a viable model of public-private partnership. Its purpose is to reveal their conceptual framework, evolution, modern interpretations and implementation benefits. In view of the current economic realities of global financial deficit there are budget constraints at all levels of government in every country. The BOT projects can be considered as an alternative strategy for solving the financial and social problems of each government. They are a popular instrument of modernizing the transport infrastructure, energy sector, telecommunications, water supply, preserving of environment, etc.
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