B.O.T contracts and their role in achieving sustainable development: an applied study at the Basmaya electric plant
Abstract
B.O.T contracts are only contracts between the state and the private sector or companies to complete projects desired by the state without the need to allocate funds by the private sector in order to build and manage this project and get profits through a specified period in the contract, the subject of sustainable development is often ignored by the companies implementing the projects because they need high costs ignoring the benefits achieved in the environmental dimension, social dimension and economic dimension. Through B.O.T contracts and similar contracts, sustainable development and all its environmental, economic and social dimensions can be achieved, because the project implementer becomes the owner of the project during the duration of the contract and when achieving sustainable development brings benefits to the entrepreneur, including environmental, social and economic benefits, where its products are environmentally friendly and help to increase its sales and maintain a suitable environment for working for the project workers. It is also obliged through the contract with the state to implement and achieve sustainable development through the laws of the state.
References
Abu Al-Nasr, Medhat, Mohammed, Yasin Medhat, Sustainable Development, 2017, 84.
Al-Ani, S., & FLAYYIH, H. (2018). Principles of Financial Accounting. Al-Mihajat Printing and Reproduction Office. Baghdad, Iraq.
Al-Rubi, Mohammed "Construction, Exploitation and Delivery Contract" Arab Renaissance House, 2004: 17.
Al-Shara, Mohammed expresses "the role of the private sector in the management of economic public utilities and the study of comparing the concepts of participation between the public and private sector application models (BOT) " Dar al-Thinker Damascus, 2010: 214.
Al-Tayabi, Saad Bin Saeed , "Arbitration in International Construction Contracts Bot" 2014: 10.
Auriol, E., & Picard, P. M. (2013). A theory of BOT concession contracts. Journal of Economic Behavior & Organization, 89, 187-209.
Flayyih, H. H., Al-Mufraji, S. H., & Alhelle, M. H. (2019). Islamic Banks: Basic Concepts and Applied Cases.
Flayyih, H.H., 2016. The role of open budget in achieving of the transparency and responsibility and Reflect it on the administrative and financial corruption. J. Econ. Administrative Sci., 22: 242-284.
Ghanem, Mohammed Ahmed "BOT Infrastructure Projects" Modern University Office, Alexandria, 2009.
Hamada, Hamada Abdel Razek "Disputes of the concession of the public facility between the judiciary and arbitration" New University House, Alexandria, 2012: 100.
Harazine, Jihad Zuhair Dweib "The Implications of Concession Contracts" 2015: 55.
Harazine, Jihad Zuhair Dweib , "The Implications of Concession Contracts", 2015: 49.
Hasim, Samira " framework for the reception of the private sector in infrastructure projects " Mouloud Mamari University, 2011 : 42,
Jaafar, Anas "Administrative Contracts" Dar Al-Nahda Arab, 2007: 90-91.
James , Marianne "Sustainability and integrated reporting : opportunities for small and midsize companies " journal of legal , ethical & regulatory , issues , 2014.
Janaini, Abdul Azim Zaghloul, Jaafar and Al Mutairi, Badr " Extent of the subjectof project accounts under the control system , SAI, Kuwait Court of Accounting, Kuwait, 2006: 4.
Julien HAUMONT et Bernard MAROIS" Les meilleures pratiques de l’entreprise et de la finance durables" Edition Eyrolles, Paris, France, 2010: 19 .
Khalil, Jehan Hassan Sayed Ahmed "Bot Contracts and How to Resolve Disputes Arising from It"
Labal Nasreddine "Local Government in The Establishment of Sustainable Cities" University of Qasadi Profit - Warqala, 2012, 17-18.
Mabrouk, Jamal Omran " Construction, Exploitation, Delivery and Legal Commissioning Contracts" Generation Journal of In-Depth Legal Research No. 19, 73.
Maryam Hosseini "Dimensions of Sustainable Development and Its Relationship to Protected Development" University of Qasdi Marbah-Warqa, 2014: 30-31.
Muller & sebastiaan " Quantitative sustainability disclosure an international comparison and its impact on investor valuation " 2011.
Nassar, Jaber Gad, "Bot contracts and the modern development of the contract of commitment, a critical study of the traditional theory of the contract of commitment" Arab Renaissance House, 2002: 43.
Nassif, Elias" series of comparative legal research on bot contracts" 2006: 156-157-158-159.
Remigijus Ciegis and others" The Concept of Sustainable Development and its Use for Sustainability Scenarios" Engineering Economics (2). 2009: 28.
Remigijus Ciegis and others" The Concept of Sustainable Development and its Use for Sustainability Scenarios" Engineering Economics (2). 2009: 62 .
Salama, Kamal Al-Mutawali Students " Legal System for Construction, Operation and Transfer Contracts" Ain Al Shams University, 2008: 52.
Sarabu, Vijay " SUSTAINABLE DEVELOPMENT AND ITS DIMENSIONS" (2017).
Serieddine, Hani Salah, "Legal and contractual regulation of privately financed infrastructure projects" Arab Renaissance House, 2001: 187.
Shiva Damyar, Khodadad Khodadadi Dashtaki " Legal Review of Impact of BOT Contracts on Economic Development in the Country" 2017.
Tishouri, Abdul Rahman "Contracts for construction, operation and conversion as a form of public-private partnership" published in the civilized dialogue number 3085, 2010.
UNCITRAL " UNCITRAL Legislative Guide on Public-Private Partnerships " 2020 : 24 .
Al-Ani, S., & FLAYYIH, H. (2018). Principles of Financial Accounting. Al-Mihajat Printing and Reproduction Office. Baghdad, Iraq.
Al-Rubi, Mohammed "Construction, Exploitation and Delivery Contract" Arab Renaissance House, 2004: 17.
Al-Shara, Mohammed expresses "the role of the private sector in the management of economic public utilities and the study of comparing the concepts of participation between the public and private sector application models (BOT) " Dar al-Thinker Damascus, 2010: 214.
Al-Tayabi, Saad Bin Saeed , "Arbitration in International Construction Contracts Bot" 2014: 10.
Auriol, E., & Picard, P. M. (2013). A theory of BOT concession contracts. Journal of Economic Behavior & Organization, 89, 187-209.
Flayyih, H. H., Al-Mufraji, S. H., & Alhelle, M. H. (2019). Islamic Banks: Basic Concepts and Applied Cases.
Flayyih, H.H., 2016. The role of open budget in achieving of the transparency and responsibility and Reflect it on the administrative and financial corruption. J. Econ. Administrative Sci., 22: 242-284.
Ghanem, Mohammed Ahmed "BOT Infrastructure Projects" Modern University Office, Alexandria, 2009.
Hamada, Hamada Abdel Razek "Disputes of the concession of the public facility between the judiciary and arbitration" New University House, Alexandria, 2012: 100.
Harazine, Jihad Zuhair Dweib "The Implications of Concession Contracts" 2015: 55.
Harazine, Jihad Zuhair Dweib , "The Implications of Concession Contracts", 2015: 49.
Hasim, Samira " framework for the reception of the private sector in infrastructure projects " Mouloud Mamari University, 2011 : 42,
Jaafar, Anas "Administrative Contracts" Dar Al-Nahda Arab, 2007: 90-91.
James , Marianne "Sustainability and integrated reporting : opportunities for small and midsize companies " journal of legal , ethical & regulatory , issues , 2014.
Janaini, Abdul Azim Zaghloul, Jaafar and Al Mutairi, Badr " Extent of the subjectof project accounts under the control system , SAI, Kuwait Court of Accounting, Kuwait, 2006: 4.
Julien HAUMONT et Bernard MAROIS" Les meilleures pratiques de l’entreprise et de la finance durables" Edition Eyrolles, Paris, France, 2010: 19 .
Khalil, Jehan Hassan Sayed Ahmed "Bot Contracts and How to Resolve Disputes Arising from It"
Labal Nasreddine "Local Government in The Establishment of Sustainable Cities" University of Qasadi Profit - Warqala, 2012, 17-18.
Mabrouk, Jamal Omran " Construction, Exploitation, Delivery and Legal Commissioning Contracts" Generation Journal of In-Depth Legal Research No. 19, 73.
Maryam Hosseini "Dimensions of Sustainable Development and Its Relationship to Protected Development" University of Qasdi Marbah-Warqa, 2014: 30-31.
Muller & sebastiaan " Quantitative sustainability disclosure an international comparison and its impact on investor valuation " 2011.
Nassar, Jaber Gad, "Bot contracts and the modern development of the contract of commitment, a critical study of the traditional theory of the contract of commitment" Arab Renaissance House, 2002: 43.
Nassif, Elias" series of comparative legal research on bot contracts" 2006: 156-157-158-159.
Remigijus Ciegis and others" The Concept of Sustainable Development and its Use for Sustainability Scenarios" Engineering Economics (2). 2009: 28.
Remigijus Ciegis and others" The Concept of Sustainable Development and its Use for Sustainability Scenarios" Engineering Economics (2). 2009: 62 .
Salama, Kamal Al-Mutawali Students " Legal System for Construction, Operation and Transfer Contracts" Ain Al Shams University, 2008: 52.
Sarabu, Vijay " SUSTAINABLE DEVELOPMENT AND ITS DIMENSIONS" (2017).
Serieddine, Hani Salah, "Legal and contractual regulation of privately financed infrastructure projects" Arab Renaissance House, 2001: 187.
Shiva Damyar, Khodadad Khodadadi Dashtaki " Legal Review of Impact of BOT Contracts on Economic Development in the Country" 2017.
Tishouri, Abdul Rahman "Contracts for construction, operation and conversion as a form of public-private partnership" published in the civilized dialogue number 3085, 2010.
UNCITRAL " UNCITRAL Legislative Guide on Public-Private Partnerships " 2020 : 24 .
Authors
[1]
“B.O.T contracts and their role in achieving sustainable development: an applied study at the Basmaya electric plant”, Soc. sci. humanities j., vol. 5, no. 05, pp. 2184–2195, May 2021, Accessed: Nov. 23, 2024. [Online]. Available: https://sshjournal.com/index.php/sshj/article/view/696
Copyright and license info is not available