A Feasibility Study on Promoting Private Participation in Build-Operate-Transfer Model to Construct Sewerage System：A Case Study in Taitung

• Main Authors: Ching-chung Chou, 周慶忠
• Other Authors: Kang-Shin Chen
• Format: Others
• Language: zh-TW
• Published: 2005
• Online Access: http://ndltd.ncl.edu.tw/handle/74412383204431191842

碩士 === 國立中山大學 === 環境工程研究所 === 93 === Abstract The sewage sewerage system is an important public infrastructure actively pushed by the government presently, since it can improve our environmental quality and promote the nation’s competitiveness. To minimize the government''s short-term financial burden and attract the private capital, vigor, and efficient management, the Executive Yuan encourages the private sector to participate the sewage sewer construction plans via the BOT (Build-Operate-Transfer) model for those systems above 10,000 tons capability per day. It is estimated there are totally over 36 such systems in the country. This research consists of two parts. The first part deals with the feasibility study of the BOT model for the sewage sewer in Taitung city. Three factors, including the law, the risk, and the financing were assessed. In the aspect of the law, the completeness of related regulations, the timetable of local government’s plan, the sewage sewer’s fee, and others were important items for the success of the task. In the aspect of the risk, the allocation of risks in the various stages is the important item. Finally, the financial feasibility studies were conducted for the Nantz and Danshuei demonstrated cases, in which the government expenditure and the operation net income of the private part are the important items. Presently, the relevant BOT case documents and materials show that the financial structure is one of the key assessment elements provided that the promotion of the trade and investment, and the sign of contract are successful. So the second part of this research involved the questionnaire survey as to analyze the key factors that are beneficial for the success of the promotions of trade and investment, and the sign of contract. Results show that the successful factors include the favorable financial guarantees, the lowest guaranteed operation amount of sludge, and the take-hold of the construction land by the government. All these factors should be carefully assessed and planned in advance, together with the well-designed coordination mechanism for the agreement/contract. Keywords: Sewage sewer system, privatization, BOT model