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Build-Operate-Transfer (BOT): It is a conventional PPP model in which the private partner is responsible to design, build, operate (during the contracted period) and transfer back the facility to the public sector. Build-Own-Operate (BOO): In this model ownership of the newly built facility will rest with the private party. Build, Own, Operate, Transfer (BOOT): In this variant of BOT, after the negotiated period of time, the project is transferred to the government or to the private operator. Build-Operate-Lease-Transfer (BOLT): In this approach, the government gives a concession to a private entity to build a facility (and possibly design it as well), own the facility, lease the facility to the public sector and then at the end of the lease period transfer the ownership of the facility to the government.
Consider the following statements:
I. Iran and Belarus are likely to be the two newest additions to the Shanghai Cooperation Organisation (SCO)
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In which medium is the speed of sound the highest?
