PT  - JOURNAL ARTICLE
AU  - Yang-Cheng Lu
AU  - Soushan Wu
AU  - Dar-Hsin Chen
AU  - Yun-Yung Lin
TI  - BOT Projects in Taiwan
AID  - 10.3905/jsf.2000.320199
DP  - 2000 Jan 31
TA  - The Journal of Structured Finance
PG  - 53--63
VI  - 5
IP  - 4
4099  - https://pm-research.com/content/5/4/53.short
4100  - https://pm-research.com/content/5/4/53.full
AB  - The build-operate-transfer (BOT) model is one of the most important privatization schemes used for construction of a nation's infrastructure. There has been little discussion about how to use a simulation methodology in the financial scenario analysis of a bot project. This article suggests a Project at Risk (PAR) analysis based on a simulation technique using the value at risk methodology. A term structure of net cash flow curve also is developed top analyze the economic characteristics of bot financial plans.