The Role of Re-evaluating BOT Contracts in Increasing the Economic Returns of Public Sector Establishments"A Field Study"

Abstract

The research aims to study the role of revaluating Build-Operate-Transfer (B.O.T) contracts in increasing the economic returns of public sector facilities. The importance of the research lies in utilizing the revaluation of B.O.T contracts to achieve better economic returns for public sector facilities, which can contribute to economic development. The research problem consists of the decline in economic returns in public sector facilities. The researcher adopted the analytical descriptive methodology by analyzing survey data applied to a sample of 67 respondents comprising employees in the Ministry of Tourism and its directorates in the governorates. The research concludes that there is a statistically significant relationship between B.O.T contract revaluation and improving the economic returns of facilities. The results also highlight the importance of adopting flexible mechanisms and conducting periodic evaluations of these contracts. In light of the research results, a set of recommendations have been presented to activate the role of the revaluation process in maximizing the economic returns of these facilities.