ENHANCING TRANSPARENCY AND ACCOUNTABILITY IN PUBLIC CONSTRUCTION PROJECTS WITH CONSTRUCTION SECTOR TRANSPARENCY INITIATIVE (CoST)

摘要

1. Global trend towards greater transparency, accountability. Many international, national initiatives aimed at… improving quality of governance improving public resource management attaining greater efficiency obtaining better value for money from public investment. 2. Value of global construction to rise to $15 trillion annually by 2025 (13.5% global GDP). 3. Corruption accounts for 10-30% a construction project's value. 4. Mismanagement, inefficiency accounts for similar figure. 5. ASCE: corruption in global construction industry a huge economic burden; US$500 billion a year… “occurs in every country regardless of …form of government …level of development, or geographic location”.