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The study "Effectiveness of public investment at regional and local level during the period 2009 - 2014" prepared by the area of Public Management of APOYO Consultoria for the Office of the General Controllership of the Republic, was presented by that institution. The study estimates the time require to eliminate gaps in the transport, sanitation, education and health, and analyzes the problems that arise in regional and local governments to efficiently carry out public investment projects.