Description
Concessions, Build-Operate-Transfer (BOT) Projects, and Design-Build-Operate (DBO) Projects are types of public-private partnerships that are output focused. BOT and DBO projects typically involve significant design and construction as well as long term operations, for new build (greenfield) or projects involving significant refurbishment and extension (brownfield).
Instrument category
Public-private partnerships (PPP)
Implementation status
Moderate - tried and tested
Enabling conditions and success factors
- A robust PPP legislative framework in the country of project development is important for PPP deals to be structured.
Instrument benefits
- See the full analysis of the benefits and risks of PPPs at the World Bank's PPP web resource: https://ppp.worldbank.org/public-private-partnership/overview/ppp-objectives
Challenges and risks to implementation
- See the full analysis of the benefits and risks of PPPs at the World Bank's PPP web resource: https://ppp.worldbank.org/public-private-partnership/overview/ppp-objectives