Loading…

Wastewater treatment Transfer-Operate-Transfer (TOT) projects in China: The case of Hefei Wangxiaoying Wastewater treatment TOT project

This paper analyzes wastewater treatment Transfer-Operate-Transfer (TOT) projects in China since the early 2000s, addressing both risks and risk mitigation efforts. Special attention is paid to the Hefei Wangxiaoying Wastewater Treatment TOT Project as a case study. The project unveils various risks...

Full description

Saved in:
Bibliographic Details
Published in:KSCE journal of civil engineering 2015, 19(4), , pp.831-840
Main Authors: Lee, Seungho, Choi, Jae-ho
Format: Article
Language:English
Subjects:
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This paper analyzes wastewater treatment Transfer-Operate-Transfer (TOT) projects in China since the early 2000s, addressing both risks and risk mitigation efforts. Special attention is paid to the Hefei Wangxiaoying Wastewater Treatment TOT Project as a case study. The project unveils various risks, i.e., institutional and regulatory, financial, and human resource risks. To mitigate the risks, the government established relevant institutions alongside the organizational reform and adjusted the wastewater tariff. Berlinwasser secured long-term revenue through the service fee increase agreement and guaranteed job security for plant employees. The TOT model seems to become increasingly popular in the Chinese wastewater treatment market despite diverse risks involved.
ISSN:1226-7988
1976-3808
DOI:10.1007/s12205-013-0095-5