Mmegi

New PPP Bill takes shape

Private partners: The new government is expected to significantly ramp up PPPs PIC: MORERI SEJAKGOMO
Private partners: The new government is expected to significantly ramp up PPPs PIC: MORERI SEJAKGOMO

The Ministry of Finance hopes to fast-track a Public Private Partnership Bill which it believes will give more “comfort” to investors, as the country’s public infrastructure funding is opened up to private capital.

The Public Investment Programme (PIP), which is the core of every National Development Plan (NDP) and which details the projects to be developed in each NDP, the expected cost and the source of funding, has for decades been funded solely by government, helped by other development agencies.

However, BusinessWeek understands that the upcoming NDP12 could be the first in which the PIP is specifically opened up for private capital, under the PPP model.

Editor's Comment
A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

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