Abstract
The governments of Argentina and Uruguay have proposed the implementation of the Buenos Aires-Colonia bridge project in the form of a build-operate-transfer (BOT) concession. Highway projects like this one have acquired a poor reputation, as many have failed. This article reviews the measures taken by both governments to maximize the projects likelihood of success. Many of these measures were designed from lessons learned on previous projects and address the broad categories of causes for project failure: legal documentation, cost and schedule overruns, revenue shortfalls, and public opposition.
- © 2000 Pageant Media Ltd
Don’t have access? Click here to request a demo
Alternatively, Call a member of the team to discuss membership options
US and Overseas: +1 646-931-9045
UK: 0207 139 1600