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
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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