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{
    "id": 1254182,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1254182/?format=api",
    "text_counter": 133,
    "type": "speech",
    "speaker_name": "Prof. Njuguna Ndung’u",
    "speaker_title": "The Cabinet Secretary, National Treasury and Economic Planning",
    "speaker": null,
    "content": "To build on this, the National Treasury plans to mobilise an estimated Ksh100 billion in private sector capital through various priority sectors. The focus will be on priority investment and underlying key projects and programmes in each sector that deliver nationally significant infrastructure, drive growth and unlock private sector investment with greatest potential benefits to Kenyans. These sectors will include airports, sea ports, blue economy, water, agriculture, industrialisation, that is special economic zones, energy, including transmission lines, and digitisation among other key sectors in the economy. Inclusion of local goods, works and services will be emphasised for each project to contribute to overall economic growth by encouraging local investments in PPP projects. To also strengthen local investment, the National Treasury will be holding a series of roundtables to build local capacity in the financial sectors to increase local financing of PPP projects. The National Treasury has embraced climate resilience and adaptation framework for PPP projects. This is to ensure that infrastructure projects are aligned to the realities of climate change. To achieve on the PPP mandate of scaling up private sector capital, the National Treasury will leverage on the continued support from development partners as well as other key institutions both in public and private sector including capital markets, pension funds and commercial banks in scaling up the private sector capital under the PPP framework."
}