Effective Reduction Of Costs Of Capital Investment

Life cycle cost analysis, logic framework method, completion and efficiency theory, contract management requirements are used to help governments at different levels reduce their costs of capital investments. Particularly, from the perspective of governments, the logic framework method is used at the stage of preparation of investment to ensure the purpose of government investments are in correct direction and the investments are efficiency; the competition and efficiency theory is used at the stage of construction to help governments select proper contractors, suppliers, consultants through competitive bid procedures and contract management requirements to help governments ensure the successful execution of all contracts; also, the selection and management of professional operators follow the similar theory and requirements. Meanwhile, it is recommended to set up professional institutions to ensure the capital investments and their operations are efficient and effective.