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Parley probes cost overruns, delays in public projects

Most public projects finish late and at extra costs
Most public projects finish late and at extra costs

When it comes to government infrastructure projects, it seems that management problems and vast cost overruns are the order of the day.

In the last decades, large infrastructure projects have continued to bleed the country financially while denying the targeted citizens the desired benefits.

Amongst the outstanding projects that were unsuccessful in recent times are the FengYue Glass Manufacturing Company, which swallowed P500 million, as well as Morupule B power plant, which cost more than P11 billion but still required major refurbishments.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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