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World Bank extends Sh3.4b to strengthen PPPs

BUSINESS

The World Bank has approved a Sh3.4 billion ($40m) credit line to support the country’s promising public-private partnership projects.

World Bank extends Sh3.4b to strengthen PPPs

By - John Oyuke | 8 years ago

Projects earmarked for foreign investors

Projects earmarked for foreign investors

The regulations and attendant build, operate and transfer (BOT) provisions that guide how the Government enters public-private partnerships (PPPs) were gazetted mid-last month. The gazettement followed concerns the Government was flouting the Public Procurement Oversight Act, which bars single-sourcing of potential investors.

| 12 years ago

Leaders look for highest bidder to ‘auction’ State

Billed as an effective instrument through which the cash-strapped Government can tap into funding from the private sector, the public-private partnership mechanism is raising concerns the country is being auctioned.

| 12 years ago

Corporate governance can act as a continuum for public-private pacts

There is however no internationally agreed definition of PPPS that exist.

Moses Wandera | 1 year ago

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