First public-private-partnership application in taiwan's wastewater treatment sector: Case study of the nanzih BOT wastewater treatment project

Taiwan has been promoting public-private-partnership (PPP) projects in the wastewater treatment sector with the aim of improving its sustainable environment and increasing its wastewater treatment rate. The Nanzih Wastewater Treatment Project is the first PPP application in Taiwan's wastewater treatment sector. It provides important experiences and lessons for both the public and private sectors. This paper presents a detailed study of its tender process, concession agreement, financial structure, payment mechanism, and risk management. It explains the key features of the project and provides conclusive findings on the lessons learned. These observations should be useful for practitioners and academia who are interested in the development of future PPP wastewater treatment projects in Taiwan.