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

摘要

1. Global trend towards greater transparency, accountability. Manyrninternational, national initiatives aimed at…rnimproving quality of governancernimproving public resource managementrnattaining greater efficiencyrnobtaining better value for money from public investment.rn2. Value of global construction to rise to $15 trillion annually by 2025rn(13.5% global GDP).rn3. Corruption accounts for 10-30% a construction project's value.rn4. Mismanagement, inefficiency accounts for similar figure.rn5. ASCE: corruption in global construction industry a huge economicrnburden; US$500 billion a year… “occurs in every countryrnregardless of …form of government …level of development, orrngeographic location”.