Mbadi rallies support for privatisation, urges shift to private capital to fund infrastructure

Treasury CS John Mbadi speaking during Day Three of the 32nd Institution of Engineers of Kenya (IEK) Convention. [Emmanuel Kipchumba, Standard]

Treasury and Economic Planning Cabinet Secretary John Mbadi has called for stronger support for the government’s privatisation and private capital mobilisation agenda, saying it is the most realistic path to closing Kenya’s widening infrastructure financing gap.

Speaking during  Mbadi urged engineers, private sector players, and development partners to embrace innovative financing models as the country moves away from traditional public funding for major projects.