Evaluation of Success Factors of BOT Project in Pakistan
| Author(s) | : | Engr. Kashif Ali, Dr. Ammad Hassan Khan |
| Institution | : | Department of MSCM,The Superior College, Lahore |
| Published In | : | Vol. 7, Issue 2 — February 2020 |
| Page No. | : | 33-38 |
| Domain | : | Engineering |
| Type | : | Research Paper |
| ISSN (Online) | : | 2348-4470 |
| ISSN (Print) | : | 2348-6406 |
The Lahore-Sialkot Motorway, M-11 (LSM) is in construction phase and located in the north southregion in Pakistan. It connects Lahore and Sialkot through Sambrial. Its length is 91 km. Expected completion date is inDecember 2019 with its total cost of 44 billion Pak rupees. After its completion, expected travel time from Lahore toSialkot will be 50 minutes. This project is B.O.T mode (Build-Operate-Transfer). The contractor is one of the largestprivate construction companies of Pakistan and as well as first local Trend Setter that offered B.O.T to a Governmententity. Despite of the importance of B.O.T, it was also necessary to evaluate the key success factors of the B.O.T projectsand to understand comparison of B.O.T and Item Rate Contract so that within under developing countries like Pakistan itshould be realized either which mode of construction is in the best interest of the country economy keeping in view all thefactors and parameters which affect on both type of construction modes (Item Rate Contract or BOT). Beyond of theTheoretical and other technical differences like contract type, design, planning, cost and quality of work, the challengeswith respect to area, culture, environment, local government are also important considerations. This study gives not onlya clear picture for all the success factors in this regard but also concludes that what is the better approach betweenB.O.T and Item Rate contract for Pakistan without compromising the quality of work and how the risks associated withB.O.T projects can be compensated. Similarly last but not least this study will help a lot for the government departmentsand local construction industries to understand the actual need of contract type either B.O.T contract or Item Ratecontract which is most suitable for the upcoming projects in Pakistan.
Engr. Kashif Ali, Dr. Ammad Hassan Khan, “Evaluation of Success Factors of BOT Project in Pakistan”, International Journal of Advance Engineering and Research Development (IJAERD), Vol. 7, Issue 2, pp. 33-38, February 2020.
