The Preliminary Discussions On Supervision Of Government Investment Project

During these years, investment led by the government has been a powerful engine for the development of China’s economy. And the government investment projects are usually key project that plays important role in the economy development, along with huge scale and profound influence. However, because of performance evaluation and regional competition, there exist some problems in the government investment projects, such as too large of investment scale, irrational investment, low efficiency and so on. Although China has basically established a supervision system, consist of an accountability system, the whole process supervision, and inspection rules for the important projects, there still exists a supervision vacancy in the practical supervision work.Most developed countries have already established a comprehensive supervision system. Also, in order to ensure the effect and strength of supervision, developed countries attach great importance to post assessment and public supervision. Based on the successful experiences of other countries, combined with author’s work experience and a case of government investment project in W city, the author give some suggestions for improve our government investment supervision.Generally, problems exist in earlier stage of the government investment projects, therefore, the supervision of government investment should be strengthen in advance stage. For example, you can strengthen the prequalification supervision, establish the design change registration system, and strengthen the supervision of the bidding process.Because the post assessment is a summary and examination for the whole project, Carrying out a comprehensive post assessment is a desirable measure. These measures should be used in post assessment: Rationally decision the subject of the post assessment, and establishing scientific index database.In addition, to solve the problems in the government investment, supervision on the supervision system should be established. As the independence of supervision on government investment is still not enough, it is necessary to improve public participation and information publicity. A supervision information system about government investment should be established too.