Build-Operate-Transfer (BOT) Agreement

A Build-Operate-Transfer (BOT) Agreement is a legal contract between a government (or public authority) and a private investor, under which the investor finances, builds, and operates an infrastructure project (such as roads, bridges, power plants, or water systems) for a specified period before transferring ownership back to the government. It typically includes project scope, construction standards, financing arrangements, operation and maintenance responsibilities, revenue collection (tolls, service fees), risk allocation, duration, termination, and dispute resolution. This model helps mobilize private capital for public infrastructure. From 2022–2024, BOT projects in Vietnam focused on transportation, energy, and water supply, contributing significantly to infrastructure development. Forecasts for 2025–2030 suggest 8–10% annual growth in BOT agreements, driven by urbanization, energy transition, and the need for modern infrastructure with limited public funding. Download the standard Build-Operate-Transfer (BOT) Agreement template and receive expert consultation with step-by-step drafting guidance via hotline 0977 523 155.