The first Public-Private Partnerships (PPPs) executive programme was successfully held on April 11th – 13th, 2018. The 3-day course attracted participants from County governments, the public and private sector and was an introductory course to understanding PPPs. It covered aspects of the concept and rationale for PPPs, the legal and regulatory framework for PPPs, the PPP project life cycle, project finance and risk management.
The highlight of the course was a panel discussion featuring senior representatives from Kenya National Highways Authority (KeNHA), PPP Unit (National Treasury); International Finance Corporation (IFC) and GIBB Africa. The discussion touched on challenges encountered in PPP implementation and provided a real-life perspective on PPPs in Kenya.
In their closing remarks, Mr. Paul Karekezi (GIBB Africa) observed that we need patience as a country to learn and get PPPs right. Mr. Kaara Wainaina (PPP Unit) commended SBS for initiating courses in PPPs, noting that there was a great need to build capacity in the country at both national and county levels. Eng. George Kiiru (KeNHA) observed that people needed to have realistic expectations regarding PPPs noting that the process can take over 2 years to kick off. He gave the example of a planned road development where the period from pre-tender phase to actual submission of bids had taken over two years. On his part, Mr. Richard Warugongo (IFC) observed that lenders actually take on a lot of the risk in PPPs because they put their capital at risk. Thus, the perception that most of the private sector risk is shouldered by the project company should be debunked. The panel session was ably moderated by Mr. Nandu Hirani, an MBA alumnus and seasoned PPP practitioner.
The course will be offered bi-annually with plans to extend the offering to certification courses that will lead to a Certified Public-Private Partnership Professional (CP3P). For more information on the course, please write to Ann Karanja at email@example.com