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Citi describes how to improve control and transparency for construction projects

Given the current economic climate, providing end to end transaction banking solutions for construction projects is crucial – not least due to specified amounts allocated on a particular project, as well as the complexity of payments schedules. Through an article in Construction Today David Aldred from Citi describes how Indian construction company Larsen & Toubro (L&T) streamlined its project’s transaction banking requirements to allow maximum control and transparency, and how similar companies can learn from L&T’s experience.

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