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Successful procurement is not just a set of activities, it is a strategy

Elmas Arisoy's picture
 Ho Chi Minh City, Vietnam. Photo: Tran Viet Duc / World Bank


Many Bank-financed projects, especially those implementing large and complex contracts continually face high risk of implementation delays, and procurement is the most frequently used scapegoat.

What has gone wrong in those cases?

At the onset, borrowers are requested to prepare a detailed procurement plan for the first 18 months of project implementation, which is carefully reviewed and approved by the Bank before loan negotiations and the projects are then declared "good to go."
But the reality is almost never that rosy.