Review on The Risk Management Highway of BOT + EPC Project

Xiaobo HE1, Zhen LEI2, Ya LI2

1School of Economics and Management, Chongqing Jiaotong University, Chongqing, 400074, CHINA

2China First Highway Engineering Co., LTD, Beijing, 100024, CHINA

Abstract: With BOT + EPC in the promotion of the use of the highway, And this new model are many uncer- tainties. From this perspective, It is necessary to BOT + EPC highway project risk research. After looking up a large amount of related literature, this paper analysis the risk of BOT + EPC highway projects. Through lite- rature and relevant empirical, obtain the impact of highway BOT+EPC two main risks: project completion risk, construction and operational risk. Besides, the article provides the strategy and suggestions for the pre- vention of the two main risks, so as to offer a theoretical reference for future similar projects.

Keywords: Highway; BOT+EPC; Risk management