PPP training at construction indaba
PPPs can be applicable to smaller business in Namibia taking into consideration projects at local level, the CIF says.
Public private partnerships (PPPs), although a “buzz word” in Namibia, still remain a “relatively foreign” concept, the consulting general manager of the Construction Industries Federation, Bärbel Kirchner says.
“During our high-level engagements with various ministers and authorities, it was highlighted ever so often that we should consider PPPs. One would assume that some of our larger contractors have already been sufficiently exposed to it.
“However, it remains still relatively foreign. And, ultimately PPPs can also be applicable for our smaller business taking into consideration projects at local level,” Kirchner says.
The CIF says it is unlikely that the construction sector will once again record heydays as in previous years.
“Restricted government budgets will limit the opportunity for extensive growth in the construction sector to meet the infrastructural requirements of Namibia.”
Alternative resources
Alternative financial resources need to become more accessible, according to the federation.
“Other than encouraging the attraction of foreign direct investment and the creation of a conducive policy environment, it might also be necessary for the local private sector to get involved in the financing of infrastructure development and capital projects,” it says.
The CIF will be offering a three-hour introductory training course on financing through PPPs at its first annual construction conference, scheduled for 14 and 15 November.
The CIF will be providing the training on PPPs free of charge to its members. Any other interested persons can contact the CIF to register for the course at a cost of N$250 per non-member.
“During our high-level engagements with various ministers and authorities, it was highlighted ever so often that we should consider PPPs. One would assume that some of our larger contractors have already been sufficiently exposed to it.
“However, it remains still relatively foreign. And, ultimately PPPs can also be applicable for our smaller business taking into consideration projects at local level,” Kirchner says.
The CIF says it is unlikely that the construction sector will once again record heydays as in previous years.
“Restricted government budgets will limit the opportunity for extensive growth in the construction sector to meet the infrastructural requirements of Namibia.”
Alternative resources
Alternative financial resources need to become more accessible, according to the federation.
“Other than encouraging the attraction of foreign direct investment and the creation of a conducive policy environment, it might also be necessary for the local private sector to get involved in the financing of infrastructure development and capital projects,” it says.
The CIF will be offering a three-hour introductory training course on financing through PPPs at its first annual construction conference, scheduled for 14 and 15 November.
The CIF will be providing the training on PPPs free of charge to its members. Any other interested persons can contact the CIF to register for the course at a cost of N$250 per non-member.
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