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New PPP Bill takes shape

Friday, January 31, 2025 | 640 Views |

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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