Treasury cuts red tape in fresh bid to tap PPPs

Treasury CS Ukur Yatani (left) shares a light moment with National Assembly Majority Leader Amos Kimunya (C) at Parliament Buildings,  April 7, 2022. [Elvis Ogina, Standard]

Over the years, the government has talked big about tapping private capital in developing mega infrastructure projects.

This has, however, achieved little success, with the most visible success story under the Public-Private Partnership (PPP) sphere being the nearly-complete Nairobi Expressway. There are a few other projects scattered across sectors but mostly in power generation.