←back to thread

167 points godelmachine | 1 comments | | HN request time: 0.22s | source
Show context
photochemsyn ◴[] No.41889135[source]
Don't all these consulting firms have a really bad record when it comes to large-scale infrastructure projects? Some of the worst examples are Ciudad Real International Airport (Spain/McKinsey), Karuma Hydroelectric Project (Uganda/Deloitte), Chongwe River Water Supply Project (Zambia/Boston Consulting Group), Isimba Dam Project (Uganda/McKinsey), Haramain High-Speed Rail Project (Saudi Arabia/Deloitte), and Shoreham Nuclear Power Plant on Long Island, New York (McKinsey).

In constrast, China's infrastructure projects are highly successful - high-speed rail now covers 42,000 km across 100 corridors, and the first one was only completed in 2008. Based on their example, the most efficient way to build modern infrastructure is to cut the consultancy firms out of the loop entirely.

replies(3): >>41889960 #>>41890832 #>>41894772 #
1. immibis ◴[] No.41889960[source]
But how is the shareholder value doing?

Not a joke. Our metrics are different from their metrics. They might have succeeded.