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"id": 303770,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/303770/?format=api",
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"type": "speech",
"speaker_name": "Mr. Githae",
"speaker_title": "The Minister for Finance",
"speaker": {
"id": 159,
"legal_name": "Robinson Njeru Githae",
"slug": "robinson-githae"
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"content": " Mr. Temporary Deputy Speaker, Sir, I beg to move that The Public Private Partnership Bill, Bill No.12 of 2011 be now read a Second Time. This is one of the most important Bills to come to this House in view of our Vision 2030. The overall objective of the Bill is to create an enabling framework for attracting private-sector investments into key public infrastructure and social services. This is intended to facilitate and attract private-sector investments while maintaining the principle of good governance as the driving force. The Government intends to use the Public Private Partnerships Law to increase the capacity for funding for key infrastructure development projects which is in line with Vision 2030. This will also improve efficiency and the cost effectiveness of public-sector services and increase and expand business opportunities for the private sector. In other words, what we are saying is that it is not possible for the Government to undertake all the development projects in this country. We now want the private sector also to play its part. Mr. Temporary Deputy Speaker, Sir, under Vision 2030 the private sector will be the main driver of that vision. For example, if you take the Ministry of Nairobi Metropolitan Development, for them to make Nairobi metropolis as a first class African city they required Kshs1.3 trillion. Obviously, that cannot come from the Government because then it will mean taking the entire budget of the whole Government. So, this is where we are now saying, now is the time for the private sector to be the main driver of the economy. Mr. Temporary Deputy Speaker, Sir, in an attempt to provide a legal and regulatory framework for the public private partnerships, the Government issued the public private regulations in March, 2009. Unfortunately, it has been found out that these regulations are not adequate as there are a lot of gaps and missing areas. Therefore, the Government then thought that the best way would be to address the whole regulations and put them into law so that they are now anchored in law and not just in mere regulations. That is why this Bill has come before this august House. This Bill borrows from the best practice in countries which have been at the forefront of public private partnerships. These countries include Malaysia, India, South Africa, Egypt, British Columbia, Ghana, Australia, Tanzania, United Kingdom, Indonesia, Philippines, Brazil, Mauritius, among others. In these countries you will find that the toll roads in particular have actually been done through public private partnership. This is what we intend to do so that as the Government finances some of the projects through the budgets, then we can do the others through the public private partnerships. Mr. Temporary Deputy Speaker, Sir, the new Constitution requires that every Bill before it is brought to this House, that first of all it be discussed with the stakeholders. I am glad to inform this House that this Bill has been developed through a consultative process and several stakeholders’ workshops were held to seek views and consensus. The"
}