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{
    "id": 303772,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/303772/?format=api",
    "text_counter": 334,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "main workshop was held on 6th June, 2012, where both public and private sector institutions were invited to present their views. In addition to this, several presentations and meetings have been held with specific stakeholders to sensitize them on the requirement of the Public Private Partnership Bill and policy. The Public Private Partnership Bill was developed together with the Public Private Partnerships policy which were both discussed and approved by the Cabinet in December, 2011. If I now turn to the key highlights of the Bill to enable hon. Members to contribute effectively to the Bill, the Bill provides for definition, scope and types of public private partnerships that the Government will recognize. Some of these common types include the ones that we know which we call consensus, build-own-operate-transfer and build-own-operate leases; long term performance management contracts. Those are all the various categories of public private parterniships. Each project will depend on what is the most convenient and which will be quicker and cheaper. Sometimes you could have a combination of all these. Every project tends to have its own trademark. The Bill also establishes the Project Facilitation Fund which will assist in the preparation of public private partnership projects because this is where the problem has been. For example, a Ministry gets an idea or proposal but they have no funds to prepare full feasibility studies. So, this Bill provides for Project Facilitation Fund to assist in facilitation of public private partnership projects and to provide viability fund gapping for projects that are economically viable but require Government support to be financially viable and provide a source of liquidity to meet some of the contigent liabilities that may crystalize. This also aims at making the service affordable to members of public and, therefore, the Government will create physical incentives to attract the private sector. Already we have what we call bankable projects where during the recent investment conference in London, we were very grateful to His Excellency the President who attended and therefore raised its profile, but they are many. It is important for investors to listen to this. For example, we intend to have a toll road through public private partnerships from Nairobi to Mombasa. We will have the main one which will be used by whoever wants to do so, which will be free. But we also have another one where maybe from Nairobi it may have a maximum of three stops on the way so as to shorten the journey and for that one, you have to pay. There is also another one from Limuru all the way to Nakuru. Even with the rehabilitation of that road, initially there was traffic jam on weekends but now there is traffic jam on that road any time of the day. That is a prime candidate for public private partnership. If you know of anybody who would like to participate in this public private partneships, this is the time to tell us because I am sure we will soon pass this law so that that arrangment is anchored by law. I could go on and there are many of those which are economically viable. We want the projects that are economically viable to be done through public private partnerships. The ones which are not economically viable but are necessary, then the Government can fund them. That way we will be able to achieve the two purposes. The projects will be procured competitively to ensure fairness, value for money and efficiency among others. Also a window exists in this Bill for proposals initiated"
}