Kenya looks to PPPs for Vision 2030

November 3, 2009
Shares

, NAIROBI, Kenya, Nov 3- Nearly 80 percent of the projects outlined under the Vision 2030 will be financed through Public-Private Sector Initiatives, Vision Delivery Secretariat Director General Mugo Kibati has said.

He appealed to private sector players to work closely with their counterparts in the public sector to enable Kenya attain its long term development program.

“The minds of the private sector have to be exercised to help us execute our current challenges and to develop a national implementation strategy,” he said while admitting that they were facing a huge resource gap.

“This is a challenge that is already identified and recognised that is why the idea of PPPs has been mooted. We need to tweak a few things here and there and we would have very successful Public Private Partnerships,” he added.
 
The DG further disclosed that they were also planning to have nine sector working groups with members drawn from all industries which would appraise the performance of the development blueprint.

“We shall have private sector leaders invited to review Vision 2030 project initiatives,” he said adding that the sector players would come in handy in assisting the Secretariat to sell the Vision idea to the grass roots.

The Vision’s goals, particularly those in the five-year Medium Term Plan are unlikely to be achieved due to the myriad of challenges that have dogged the country in the past few years.

Even as the Vision is executed, Mr Kibati called for the formulation of integrated Master Plans for various sectors such as infrastructure, human capital development, land use and the country’s branding which would provide “critical reference points” for the country.
 
He said such strategic plans would among other things provide coordination for all flagship projects.

Mr Kibati expressed confidence that the goals outlined in the Vision could still be achieved despite the challenges that the country is going through but emphasised that Kenyans need to change to their value system in order to make this happen.

“You must own the process and you must hold each other plus government to account because if that doesn’t happen, then we can’t get where we need to go,” the DG added when he addressed members of the Federation of Kenya Employers.

He stressed that employers had a role to play to improve productivity level in the various sectors of the economy.

“Unless we address that, it does not matter how many investors we bring in to build our roads, if we do not enhance productivity we cannot become a middle income country,” he warned.

Pointing to the USA economy which recorded significant growth in the 1990s due to its uptake of advanced technology, Mr Kibati advocated for the adoption of ICT across the country as one way of stimulating the GDP growth.

Shares

Latest Articles

Stock Market

Most Viewed