Public Procurement in the Belt and Road Initiative
China’s “Belt and Road Initiative” (BRI) includes major infrastructure investment projects – roads, ports, railways – that aim to improve connectivity along a number of transport corridors spanning 71 countries. In this paper we find that notwithst...
| Main Authors: | , , |
|---|---|
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/143241544213097139/Public-Procurement-in-the-Belt-and-Road-Initiative http://hdl.handle.net/10986/31069 |
| Summary: | China’s “Belt and Road Initiative” (BRI)
includes major infrastructure investment projects – roads,
ports, railways – that aim to improve connectivity along a
number of transport corridors spanning 71 countries. In this
paper we find that notwithstanding the large scale of the
initiative, relatively little systematic data exists on the
practices being followed by the different, primarily
Chinese, entities that finance BRI-related contracts and how
firms are being selected to execute projects. The limited
available data however indicate that Chinese companies
account for the majority of BRI-procurement, even in light
of their high share of total infrastructure projects in
developing countries. We discuss the limited publicly
available evidence on the procurement of BRI projects and
specific dimensions of the institutional features pertaining
to public procurement regimes of BRI countries, including
China, both as embedded in domestic regulations and in
international agreements that countries may be part of.
Finally, we discuss the efforts that BRI countries can take
-individually or as part of an international agreement- to
improve procurement practices for BRI projects. |
|---|