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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.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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