| 单词 | sboo_approach |
| 释义 | State-Build-Own-Operate (SBOO) Approach One of the two main approaches in financing the large-scale infrastructure projects. The State (the government) builds, owns, and operates the infrastructure project without the involvement of private enterprises. The second main approach is known as Build-Operate-Transfer (BOT) Approach or Public-Private-Partnership (PPP) Approach. |
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