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| ACTIVELY DEVELOPING JOINT-STOCK OF BOT PROJECTS TO SPEED UP RAILWAY CONSTRUCTION IN WEST CHINA |
| XIANG Chun |
| Economics and Planning Research Institute of the Ministry of Railways |
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Abstract BOT is the abbreviation of Build-Operation-Transfer, while the BOT investment and joint-stock approach is a kind of investment and joint-venture approach having special permission privilege. The paper expounds the characteristics of the BOT investment approach and its operating modes. Combined with the practical example of applying BOT joint-stock approach for Taiwan high speed railway, several suggestions are proposed for applying BOT investment and joint-venture approach on railway construction in West China.
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Received: 15 January 2001
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2001, Vol. 18 
