Thu, Feb 20, 2014 - Page 8 News List

Public funding causes inefficiency

By Andrew Chang 張行道

When contractors are not tied down by these restrictions and do not need to wait for decisions to be made, projects can be completed more quickly. If about half of the dozen or so management regulations on public works were scrapped, project efficiency could increase by 15 percent. If those overseeing these projects could make decisions by themselves, efficiency could be further increased by 15 percent.

Economic development does not necessarily mean spending lots of money. Performing daily tasks effectively and meeting goals are very helpful for any economy.

Andrew Chang is a professor at National Cheng Kung University’s Department of Civil Engineering.

Translated by Drew Cameron

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