by Angela Giuffrida, ITP Business

Governments in the Middle East may have little choice but to partner with the private sector to develop civil and infrastructure projects.

As the region gradually moves towards the concept of privatisation, experts are warning that reluctance from authorities to relinquish control could be the only thing holding them back from fully benefiting from public-private construction processes such as build-operate-transfer (BOT).

According to Rami Ghandour, executive director, Metito, regional governments will eventually have to enter into BOT agreements to successfully develop and maintain infrastructure projects, such as wastewater treatment and desalination plants.

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Posted by pichu at December 16, 2006 9:21 PM