Abstract
AbstractThe purpose of this paper is to identify and assess the traffic revenue risks in Build-Operate-Transfer (BOT) transport projects in Vietnam. This will assist project participants in managing these risks effectively in their projects. The study used two different data collection phases to do this, including a literature review and a questionnaire survey. The questionnaires were administered to two different primary stakeholder groups comprised public sector authorities (i.e. ministries, department, agencies) and concessionaires involved from conception to operation phase of BOT transport projects in Vietnam. The 15 detected traffic revenue risk indicators were classified into three main components by factor analysis in the study. This study is expected to assist policymakers and other stakeholders in formulating policy recommendations that would favorably impact the development of BOT transport projects in Vietnam and other developing countries.KeywordsRevenue riskRisk managementBuild-operate-transferPublic-private-partnershipTransport projects
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