الفهرس | Only 14 pages are availabe for public view |
Abstract While the projects in Egypt are in need of large and immediate investment, the funds provided by the government are not nearly sufficient to face such a challenge. Build-operate-transfer (B.O.T) is a delivery/financing system that can be a solution of this problem. In this system, a private investor finances the design, construction, maintenance, and operation of a public project for a specified concession period, at the end of which it transfers ownership to the government. Is the concession period determined just to allow the investor to recoup his costs & achieve profits? Or the government may share a part of these profits? In order to answer the aforementioned questions, several actions have been adopted. First and foremost was an attempt of optimizing the concession period mathematically between the government and the investor. The optimization steps were such long and complex. A questionnaire was conducted among the concerning entities, following advanced strategies and proper methods in order to guarantee the credibility of such a step. The questionnaire resulted in the importance of simplification the concession period calculation. Such a step will result in more confidence in B.O.T from both sides; public and private sector, which will reflect directly on the Egyptian economy and the investment climate. This research main purpose is to develop a computer program in order to calculate a concession period that protects both interests of the investor & the government. |