US-led vetting and certification of big-ticket projects may go a long way to allaying western investor concerns about rule of law and transparency issues.
Click here to read the Alaco article in fDi Intelligence.
At a time when corruption and regulatory risks in emerging markets have never been higher, the launch last month of what amounts to a foreign investors’ health check for large infrastructure projects around the world could not have come at a better time and should encourage other transparency-promoting organisations to introduce similar schemes.