[ap-intact] COMMENTARY: Reducing Corruption Risks in Public Works Construction - The Critical Role of Project Preparation

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“With the creation of the Asia Infrastructure Investment Bank and the Global Infrastructure Facility, as much as an additional $1 trillion a year is likely to be invested in the construction of roads, power plants and other public works in the developing world over the next decade.  While this new investment could provide a welcome boost to economic growth and poverty alleviation, it could also be a curse.  Public works construction is regularly rated the most corrupt industry in Transparency International surveys, and if even a small percentage of this money is lost to corruption, the harm could be enormous.“

Read the post by Jill Wells, in the Global Anticorruption Blog. http://globalanticorruptionblog.com/2015/07/08/reducing-corruption-risks-in-public-works-construction-the-critical-role-of-project-preparation/

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