The Role of the BOT Contract in Ship Leasing Between Iran and the UK
Subject Areas : Maritime law
1 - Master of Private Law, Department of Law, Faculty of Literature and Humanities, Guilan University, Rasht, Iran.
Keywords: Lease, Maritime Transport, Iran-UK Relations, BOT Contract,
Abstract :
Nowadays, BOT contracts have gained popularity in many countries. This model is increasingly used for implementing large-scale and costly projects that require substantial budgets. It enables private sector participation in infrastructure and public projects without imposing a financial burden on the government. This method is considered one of the successful models of public-private partnerships for financing infrastructure projects. BOT (Build-Operate-Transfer) contracts are especially under development in maritime transport and port construction projects. Given the complexity of such contracts and the political sensitivities and legal ambiguities between Iran and the UK, this article examines the nature of BOT contracts and their economic and social impact. The study explores how this model can be a suitable opportunity for improving conditions in Iran’s maritime transport and port sectors. It identifies the strengths, weaknesses, and associated risks of BOT contracts and provides recommendations to manage existing challenges. The ultimate goal is to create the necessary conditions for maximizing the economic potential in the maritime transport and port operation sectors.