Escolar Documentos
Profissional Documentos
Cultura Documentos
RAILA ODINGA
African Union Head of Infrastructure Development
Former Prime Minister
KENYA
1
REMARKS OF H.E. RAILA ODINGA AT THE INAUGURAL CONFERENCE IN
AFRICA “Public Private Partnerships Africa’s Next Big Thing;
2
As a critical gateway to the Continent, eastern Africa needs to
position itself to play a significant role in infrastructure financing
and development.
The formation of the African Continental Free Trade Area and the
new focus on intra Africa trade has created more impetus for more
investment in regional infrastructure development.
To achieve this goal, we must do what others cross the world have
done before or are doing today; which is using Public Private
Partnerships to deliver infrastructure and related public services.
3
Traditional public funding sources for infrastructure are falling far
short of the investment needs, hence the necessity to mobilize
private funds.
To succeed, we need to put and pursue all options for PPP on the
table, like contracts for private-sector-run road maintenance
services and Build-Operate-Transfer or BOT agreements.
To date, we lack clear PPP policy as regional bloc. We also suffer low
capacity and lack of institutions responsible for driving PPPs and
clear laws and customs governing PPPs especially on a regional
scale.
For PPPs to take roots and work, governments must take the lead
and create necessary conditions and enabling environments.
4
This means we need to prioritize reaching broad agreements as a
region on what aspects of infrastructure development to prioritize
whether it is roads, energy, railways, pipelines, waterways and
airports.
High level political backing is critical. The World Bank reports that
when the N4 Toll Road linking South Africa’s most industrialized,
but effectively land-locked northern and eastern regions of Gauteng
and Mpumalanga provinces to the Mozambican port of Maputo was
completed, it was recognized as a pioneering accomplishment.
Our governments need to work together with the private sector and
development partners to establish technical assistance facilities
dedicated to the identification and preparation of projects.
5
As a region, we need to develop a short list of well-prepared projects
ready for take up on PPP basis.
The World Bank in its PPI report indicates that Africa is doing badly
with regard to PPPs.
The World Bank’s PPI Database has recorded only seven regional
infrastructure projects on the African continent since 2000. Five
have been transport projects, while; two have been natural gas
transmission projects. There is room for us to grow in this sector.
6
investors, such as pension funds, insurance companies and
sovereign wealth funds for infrastructure projects.
RAILA ODINGA