As a by-product of their attempts to streamline operations and citizen services, governments are helping to attract more foreign investment, according to independent researchers, IDC. In a recent IDC e-Government study, Asia/Pacific e-Government IT Spending, 2002-2007, the region's 2002 spend on the technology reached US$880.1 million, and is forecast to reach US$1,477.6 million in 2007, representing a compound annual growth rate (CAGR) of 10.9%. And, apart from the benefits in terms of labour and cost savings, e-Government initiatives have also turned out to be a determining factor when foreign investors look to invest within Asia. Some companies have found that hidden costs of dealing with local officials, unclear regulations, and ingrained bureaucratic delays are a big problem. But e-Government services now offer investors convenient, transparent online government platforms for handling business-to-government transactions.
Quelle: the wise marketer
