Building infrastructure with integrity and trust, presented by CoST, the Infrastructure Transparency Initiative

Mar 27, 2024 | 1:30 PM - 3:00 PM
Knowledge Partner Sessions - Auditorium

Description

(Auditorium) Traditionally, the role of companies in procuring infrastructure contracts was perceived as complying with national and international standards. They were cast in the role of ‘passive’ rather than ‘active’ agents. This was further reinforced by a perception that they were part of the problem in one of the most corrupt business sectors, rather than part of the solution. In simple terms, too often, companies were seen as the ‘corruptor’ and the public sector as the ‘corrupted’. CoST is a partner in the project ‘Galvanizing the Private Sector as Partners in Combating Corruption’ (GPS) and is working closely with OECD to develop and implement the Infrastructure Anti-Corruption Toolbox (I ACT). This session will demonstrate how engaging companies in a public, private dialogue, a key element of I ACT, can improve the integrity of infrastructure investments, build trust and create business opportunities. We will showcase examples including from Uganda and Ukraine that will identify a range of integrity risks and examples of measures used to galvanise the private sector as partners in tackling corruption and inefficiency. All speakers: