{"id":8126,"date":"2022-01-04T10:17:54","date_gmt":"2022-01-04T10:17:54","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/transparency-practical-frameworks-and-simplified-funding-models-key-for-successful-ppp-projects"},"modified":"2022-01-04T11:05:25","modified_gmt":"2022-01-04T11:05:25","slug":"transparency-practical-frameworks-and-simplified-funding-models-key-for-successful-ppp-projects","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/transparency-practical-frameworks-and-simplified-funding-models-key-for-successful-ppp-projects","title":{"rendered":"Transparency, practical frameworks and simplified funding models key for successful PPP Projects."},"content":{"rendered":"

Africa-Press – Lesotho. <\/strong><\/span>Cape Town, 28th November 2017 \u2013 The 9th Africa Public Private Partnership Showcase took place in Cape Town last week with no available seats left during the opening of the conference.<\/p>\n

Delegates were welcomed by the events gold sponsor, Development Bank of Southern Africa\u2019s (DBSA) representative, Bothwell Manikai, who expressed their intent to deliver infrastructure and take on more partnerships to unlock at least R100 billion worth of infrastructure development per year.<\/p>\n

\u201cPPP\u2019s will be vital in the delivery of infrastructure in the continent to stimulation growth and assist regional integration,\u201d he said.<\/p>\n

One of the keynote speakers, Debashish Mallick from Exim Bank of India shared insights in the implementation of PPP\u2019s, where it has been used in India to promote industrialisation efforts and to improve exports and trade, mentioning projects across Africa including in Burkina Faso, Mali, Marlowe and Ghana.<\/p>\n

Sessions varied from panel discussions and project showcases to round robin meetings with key industry players, all well attended with high interest from the delegates with discussion and debate resulting from each topic.<\/p>\n

The PPP Framework session highlighted important characteristics such as:
\nConsensus is key in the process of framework customisation
\nFrameworks should be technically simplified, not theoretical
\nPPP tools should be used to monitor performance
\nGovernment must build a legal and regulatory framework to guide PPP projects
\nTransparency was one of the keywords of the conference with it being one of the key aspects of a public private partnership.<\/p>\n

Many speakers described the partnership as a \u201cmarriage\u201d, highlighting the importance of its time span and commitment by all parties involved. Other successful PPP elements included a funding model which needs to be equitable and clear with the expectation of capital expenditure and viability of funding being done by the government.<\/p>\n

The specialised office accommodation session, joined by the Kwazulu Natal provincial treasury, showed more about the option of leasing or purchasing buildings for government and highlighted that it provides opportunity for consolidation and bringing different government departments closer together, reducing travel time as well as saving money for government, with the KZN Treasury saving approximately R50 million due to these kind of PPP\u2019s.<\/p>\n

Water Services PPP\u2019s was another hot topic, as delegates saw first-hand the direness of the coastal drought taking place in Cape Town using the term \u201cblack-gold\u201d to describe the valuable resource.<\/p>\n

As the African populations significantly increase, further strain is put on the systems and acceleration could not take place without embracing the private sector and full political support.<\/p>\n

With delegates from more than 31 countries around the world in attendance, many countries, such as Mauritius, Kenya, Nigeria and Zimbabwe showcased their projects.<\/p>\n

\u201cNigeria has committed billions to infrastructure projects in various sectors and invites private sector partners to come onboard.<\/p>\n

\u201d said Nigeria\u2019s Minister of Aviation, H. E Honourable Senator Hadi Sirika.<\/p>\n

\u201cWe still have a long way to go if we want to address our ultimate goal of alleviating poverty and improving the lives of our people.<\/p>\n

To achieve this we need to invest in infrastructure, our people and continue to reform policy in order to strengthen Africa\u2019s ability to mobilize private sector resources for infrastructure development,\u201d said the Honourable Mrs Manthabiseng Phohleli, Deputy Minister of the Ministry of Health of Lesotho who spoke about the path of PPP\u2019s in Africa.<\/p>\n

Many challenges lie ahead including the training of people to better understand PPP\u2019s, establishing funding models, utilising the resources correctly and the adequate conceptualisation and implementation, from pre-feasibility to project closing.<\/p>\n

However, PPP\u2019s have also come a long way and the successful projects, especially in Nigeria and South Africa, are laying major groundwork as a roadmap for the future.<\/p>\n

Next year\u2019s 10th Africa Private Public Partnership Conference and Showcase will be taking place from 24 \u2013 25 October 2018 at the Cape Sun Hotel in Cape Town. Make sure you don\u2019t miss the chance.<\/p>\n

For More News And Analysis About Lesotho<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Lesotho. Cape Town, 28th November 2017 \u2013 The 9th Africa Public Private Partnership Showcase took place in Cape Town last week with no available seats left during the opening of the conference. Delegates were welcomed by the events gold sponsor, Development Bank of Southern Africa\u2019s (DBSA) representative, Bothwell Manikai, who expressed their intent […]<\/p>\n","protected":false},"author":84,"featured_media":8125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,6,8,16],"tags":[233,246,245,1370],"class_list":["post-8126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-files","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-lesotho","tag-lesotho","tag-practical"],"yoast_head":"\nTransparency, practical frameworks and simplified funding models key for successful PPP Projects. - Lesotho<\/title>\n<meta name=\"description\" content=\"Cape Town, 28th November 2017 \u2013 The 9th Africa Public Private Partnership Showcase took place in Cape Town last week wit ...\" 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