Build-Operate-Transfer (BOT) plays a significant part in promoting the construction of freeways. Due to the long construction period and large investment, many uncertain factors affect the inputs, outputs, and returns of freeway projects during the construction and operation periods. For project investments, funds, returns, risks, and other relevant factors of the projects should be considered, evaluated, and balanced. This paper presents the perception of net present value (NPV) at risk to solve the uncertain financing parameters of BOT freeway project. This paper analyses the critical indicators of BOT project investment, and establishes an investment portfolio decision-making model for BOT freeway projects to maximize the NPV of the project portfolio. Based on the proposed model, this paper calculates the optimal investment portfolio with real constraints from financial perspective. At last, an investment portfolio case study is also provided to test the proposed model.


    Zugriff

    Zugriff prüfen

    Verfügbarkeit in meiner Bibliothek prüfen

    Bestellung bei Subito €


    Exportieren, teilen und zitieren



    Titel :

    An Optimal Investment Portfolio for BOT Freeway Projects from the Perspective of Transportation and Construction Enterprises


    Weitere Titelangaben:

    KSCE J Civ Eng


    Beteiligte:
    Sun, Hui (Autor:in) / Liang, Yingzi (Autor:in) / Wang, Yuning (Autor:in) / Liu, Xiangcheng (Autor:in) / Chen, Jidong (Autor:in)

    Erschienen in:

    Erscheinungsdatum :

    2021-10-01


    Format / Umfang :

    14 pages




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch






    A Portfolio Evaluation Framework for Air Transportation Improvement Projects

    Baik, H. / Marais, K. / American Institute of Aeronautics and Astronautics | British Library Conference Proceedings | 2011


    Prediction and Analysis on Investment in Transportation Projects -Based on the Perspective of Private Capital

    Zhang, Y. / Ma, Y. / Qin, X. et al. | British Library Conference Proceedings | 2009


    Investment Planning for Transportation Projects: Benefit/Cost Ranking

    Elgar, A. / Kfir, G. / Kheifits, L. et al. | British Library Conference Proceedings | 1997