臺灣博碩士論文加值系統

本研究主要是利用問卷調查及AHP分析法，以參與國內交通
建設BOT模式之廠商為調查對象，由民間機構之角度來探討BOT
模式之風險管理策略、特許權合約及如何透過特許權合約管理各
風險因素。本研究主要結論如下：
一、 就主要風險因素而言：工程公司較重視『銀行團融資意願不
高』及『相關法令不夠完備或經常變動』；金融機構較重視
『營運技術不足』及『施工技術不足』；工程顧問較重視『銀
行團融資意願不高』及『土地徵收延誤』。
二、 就風險管理之策略而言：民間投資業者希望與政府協商降低
或分擔政治風險、經濟風險、環境風險及國際風險，而自行
承擔工程風險。
三、 就主要合約項目而言：工程公司較重視『獨佔經營權』及『站
區開發權』；金融機構較重視『投資該計畫之非自償性部份』；
工程顧問較重視『提供合理之營收補助』及『取得相關土
地』。
四、 就透過特許權合約管理各風險因素而言：民間投資業者已十
分瞭解透過特許權合約之協商，商請政府分擔BOT計畫之風
險。

This research is proceeded through AHP (Analytic Hierarchy
Process) method , and the objects of the questionnaire are
the enterprises whichparticipate in the domestic transportation
infrastructure BOT projects . The research analyzes
risk management , concession agreement and managing the
risks through concession agreement : Major conclusions of
the research are as follows: 1. Prime risk
factors : Construction corporations lay more emphasis on
"Reluctance of banks offering syndicate lone" and
"Incompleteness and instability of relevant laws/regulations"
; Financial institutions lay more emphasis on "Lack
of operation know-how" and "Lack of construction know-how" ;
Construction consultants lay more emphasis on "Reluctance of
banks offering syndicate loan" and "Delay in land
expropriation" .
2. Strategy of risk management : Private participants wish to
negotiatewith the government for issues with regard to reducing
or share politic risks , economic risks , environmental
risks and international risks and taking up
construction risks . 3. Key items of the
concession agreement : Construction corporations lay more
emphasis on "Monopoly of operation" and "Right of station
area development" ; Financial institutions lay more emphasis on
"The part not to be paid by private participants" ;
Construction consultants lay more emphasis on "Reason
offer of income subsidy and "Acquisition of relevant land"
. 4. Managing the risks
through concession agreement : Private participants
have been fully aware of managing the risks through
concession agreement and asking the government to share the
risks .