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{
    "id": 303775,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/303775/?format=api",
    "text_counter": 337,
    "type": "other",
    "speaker_name": "",
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    "speaker": null,
    "content": "Mr. Temporary Deputy Speaker, Sir, this Bill has been developed on various principles whose main objectives are:- 1. Provide real capacity of Government and other public bodies to enter into long term public private partnerships contracts to create certainty and investor confidence. 2. Address all the legal gaps and remove conflicts and overlaps in the existing laws, which are many. You find that in the Public Private Partnership Policy, the Public Procurement and Disposal Act, and even in individual contracts by Government Ministries, there are overlaps and gaps and, sometimes, conflicting clauses. 3. Consolidate all issues related to public private partnerships into one Bill. 4. Establish legal institutions that will process the public private partnerships. 5. Provide a framework for public private partnerships project development, including procurement. 6. Establish a Projects Facilitation Fund. Mr. Temporary Deputy Speaker, Sir, once enacted into law, the Public Private Partnership Bill shall create a legal and regulatory framework, which is expected to yield substantial benefits to the country in its efforts to achieve the objectives of Vision 2030 and its aspirations. Since this Bill has been developed through a consultative process, involving all stakeholders, whose comments have been incorporated into it, I do not want to belabour the point. Therefore, I want to move and ask my friend, Shakeel, to second it. He is one of the people who have really been following it up with the Ministry of Finance, asking when we are going to bring the Bill to Parliament. Therefore, I want to give him this opportunity, so that he can see that his endeavours were not in vain. With those remarks, I beg to move."
}