Dhaka, Feb. 25 -- A decade of data on electronic Government Procurement, or e-GP, shows that 5 per cent of contractors dominate 61 percent of the projects in the 10 ministries with the highest spending, according to Transparency International Bangladesh (TIB).

Meanwhile, the bottom 10 per cent of contractors hold less than 1 per cent of the market share across all ministries, reports bdnews24.com.

The anti-corruption watchdog highlighted that tripartite collusion between the bureaucracy, contractors, and political forces has institutionalised "market dominance" in government procurement.

The TIB conducted a study titled "Bangladesh's e-Procurement: Monopolistic Markets, Collusion, and Political Influence (2012-2014)" and presented its ...