ISLAMABAD/PAKISTAN: Infrastructure projects deliver a powerful stimulus to the economy but they are also known as a fertile ground for mega corruption, where old-school bureaucrats and politicians collude to advance their special interests.

As a result, billion-dollar mega projects often attract a lot of scepticism when governments lack an iron-clad commitment to transparency and accountability in procurement practices. So corruption is the “elephant in the room” that needs to be addressed as it instills distortion in the economy by redirecting resources from productive activities to rent-seeking.