Business Daily | by John Mutua
The concession period for investors involved in State-owned build-operate-transfer (BoT) projects will be capped at 30 years if Parliament passes proposed changes to the law.
In a BoT model, a government entity grants a private investor the rights or concession to construct and operate a project over an agreed period in exchange for payments. At the end of the contract period, the management of the project is transferred to the government…
