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Leveraging Technology to Support Construction Regulation and Permitting Reform : Insights from Recent Country Experience / Aris Molfetas.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Molfetas, Aris.
- Series:
- Other Infrastructure Study.
- World Bank e-Library.
- Other Infrastructure Study
- Language:
- English
- Subjects (All):
- Construction Industry.
- E-Business.
- E-Government.
- Governance.
- Industry.
- Infrastructure.
- Infrastructure Economics and Finance.
- Infrastructure Regulation.
- Private Sector Development.
- Transparency.
- Local Subjects:
- Construction Industry.
- E-Business.
- E-Government.
- Governance.
- Industry.
- Infrastructure.
- Infrastructure Economics and Finance.
- Infrastructure Regulation.
- Private Sector Development.
- Transparency.
- Other Title:
- Leveraging Technology to Support Construction Regulation and Permitting Reform
- Place of Publication:
- Washington, D.C. : The World Bank, 2018.
- System Details:
- data file
- Summary:
- Good regulations, combined with sound enforcement mechanisms and an efficient, transparent, and affordable permitting process, can ensure safety standards for the community, facilitate investment in new building stock, and contribute to capital formation. A recent study shows that long delays in obtaining permits can lead to higher transaction costs and fewer transactions. Similarly, an earlier study in the United States (US) found that accelerating permit approvals by 3 months in a 22-month project cycle could increase construction spending and property tax revenue. Unpredictable, lengthy, and expensive permitting procedures influence entrepreneurs' decision making. A recent competitiveness report on the US, for example, found that construction costs and the permitting process were among the top 20 factors in determining the location of a start-up. Given the relevance of this area for both communities and investors, governments have sought to leverage technology to enhance permitting service delivery and improve availability of zoning requirements and building regulatory information.
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