Nilgiri
BANNED
- Joined
- Aug 4, 2015
- Messages
- 24,797
- Reaction score
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Why it seems every infrastructure project is way more xpensive in Bangladesh? @Nilgiri
Less ability you have to do things, more outsiders can charge you for bringing in technology and more importantly decent project operations.....if you have no domestic tenders to compete, well you are going to be getting some high premiums for hand-holding and inability to negotiate well. So off the bat that adds a huge % to cost seen elsewhere.
Add to this high population density of BD (thus high land costs) and deep set corruption, which means project handlers have to take out much more insurance than needed because they know there will likely be many delays in planned liquidity flows (remember this means lost money so high cap loan providers demand insurance in return - it comes in many forms but shows in project cost both at start and at final).