Research On Supervision And Post Evaluation Mechanism On Government Investment Project Of Sichuan Provincial

Government investment project is the primary vehicle for government investment. In recent years, the government responds actively to the international financial crisis by the mixture of various policies, which includes positive fiscal policy as well as domestic demand expanding policy. As one primary component of domestic demand, investment in fixed assets is also encouraged to increase. Therefore, a large number of government investment projects are approved to be constructed one by one. Since the implementation effect of each government investment project will directly affect the development of local economy and society as well as its internal and external image, it’s a must to strengthen supervision on government investment projects to ensure fulfillment of investment efficiency. This article will mainly discuss how to improve the Sichuan provincial government investment project supervision and post valuation mechanism from the perspective of government supervision.In the first place, characteristics of local government investment projects as well as situation of local government investment projects supervision and post evaluation are elaborated, followed by supervisory experience from developed countries such as the United States, Germany, South Africa and International organizations such as the World Bank, ADB and so on.In the following place, as to the situation of Sichuan provincial government investment project implementation, supervision and post evaluation are analyzed in comparison to other relatively successful mechanism, and existing problems are listed.At the end, some suggestive measures to strengthen supervision and post evaluation on government investment projects are provided as reference for the construction of sound supervision and post evaluation mechanism on Sichuan provincial government investment.They can be used to help investors and project owners improve management and decision-making by effective allocation of limited resources and investment efficiency improvement, to achieve the ultimate purpose of promoting economic and social development in Sichuan province sustainably and healthily.