What Does BOT Stand For?

BOT stands for Build Operate Transfer An Agreement Or Contract

BOT, or Build Operate Transfer, is a contractual agreement in which a private entity is responsible for the construction, operation, and eventual transfer of a project or infrastructure to a government or public entity. This model allows the private sector to manage and finance the project during the operational phase, ensuring efficiency and expertise, while ultimately returning ownership and responsibility to the public sector upon completion of the agreement. It is commonly used in large-scale infrastructure projects such as highways, hospitals, and energy facilities.

Other Meanings for BOT