I suspect it’s just corruption. As we have seen government works by giving their friends the work at crazy markups with no requirement anything be delivered. The end result is lots of people getting rich off government contracts and low quality infrastructure at best.
There isn’t long running strategic planning for this type of thing and no consistency in the volume of work, so the construction industry can’t invest in having the capacity. That and risk contingencies are way higher.
Why is this the case?
I suspect it’s just corruption. As we have seen government works by giving their friends the work at crazy markups with no requirement anything be delivered. The end result is lots of people getting rich off government contracts and low quality infrastructure at best.
There isn’t long running strategic planning for this type of thing and no consistency in the volume of work, so the construction industry can’t invest in having the capacity. That and risk contingencies are way higher.