| Author | Akbar, Ilyas |
| Call Number | AIT RSPR no. SM-96-92 |
| Subject(s) | Infrastructure (Economics)|zPakistan
|
| Note | A research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration. |
| Publisher | Asian Institute of Technology |
| Series Statement | Research studies project report ; no. SM-96-93 |
| Abstract | Infrastructure is like a railway for a train, it is the path a country must go in order to ensure development. Developing countries must invest more and more in infrastructure to provide the grounds for the nation to move towards development. In developing countries the bulk of infrastructure provision continues to be in the public sector, though the private sector share has risen in recent years. Technological advancements over the years, however, have gradually reduced the need for a single supplier of many of these services and have created conditions for competition. Some developing countries, like Pakistan, are now encouraging the private sector to construct and operate power plants through 'Build, Operate, and Transfer (BOT)", 'Build, Own and Operate (BOO)'', and 'Build, Operate, Lease, Transfer (BOLT)" schemes whereby contracts are awarded on a competitive bidding process. Unfortunately for Pakistan, there has not been done much towards development of infrastructure. As the country progresses, a strong need for an adequate and reliable infrastructure is being felt. In case of power generation the gap between demand and supply is so wide that it is not possible for the government to finance this gap through public resources. So the government has resorted to offering private sector, domestic and foreign investors/sources, in building, operating, and financing power generation projects in the country. The demand for power in Pakistan has been growing at an annual rate of nearly 10% over this last two decades. The supply has not been able to keep pace with the demand due to paucity of development funds in the public sector. The total system capacity is currently 12,530 MW. Load shortages of up to 2,000 MW exist in the peak load season of nearly four months in a year. It is estimated that due to power shortages, the economy is facing losses up to US$ one billion per year. Historically the power projects in the country and all over in developing countries have been raised and financed through public finance with the help of World Bank, IMF, and variety of financial institutions, but most recently with Government's encouragement the private parties domestic and foreign are undertaking power projects with limited recourse financing. |
| Year | 1996 |
| Corresponding Series Added Entry | Asian Institute of Technology. Research studies project report ;no. SM-96-93 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management (SOM) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Pandey, I. M. |
| Examination Committee(s) | Gupta, Jyoti P.;Igel, Barbara |
| Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 1996 |