engleski

Evaluation of Opportunities of BOT Model for Infrastructure Projects in BiH

The utilisation of BOT model has a relatively short history across the world whilst it is only in the infancy stage of development in BiH. Sometimes the BOT model is not properly understood by the host government in developing countries such as BiH. One of key reasons is that infrastructure polices in these countries are pretty different from those in developed countries because of different modes of institutional setup and policy framework. In its 'Policy Paper on Granting Concessions in Bosnia and Hercegovina' the BiH Council of Ministers admits that 'the BOT model is good for (infrastructure) financing' but it does not undertake enough for introducing the model into practice. The purpose of this article is to draw the attention to big and widening infrastructure gap and the necessity of improving the general framework conditions to make infrastructure projects more attractive to private investors and thus to reducing or eliminating that gap.

BiH; infrastructure; BOT

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