Business in Ghana

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Posts Tagged ‘PPP’

World Bank support for development of Public Private Partnerships (PPP) in Ghana

Posted by Business in Ghana on November 17, 2013

The Ghana IDA Public Private Partnership (PPP) Project for $30 million became effective in December 2012. The World Bank_s counterpart for this project is the Public Investment Division within the Ministry of Finance and Economic Planning (MoFEP). The project comprises of three components: Component One: Institutional, Fiduciary, Legislative, and Financing Capacity Building – focuses on developing in-house capacity within the Government of Ghana to identify, assess, develop, implement and manage PPP transactions. Furthermore, the component provides Legislative, Regulatory, Policy and Guidelines Development Technical Assistance; provides resources for the development of a Framework for Managing PPP Fiscal Commitments; and finally, supports a framework for a Long Term Financing for Infrastructure. Component Two: PPP Pipeline Preparation and Transaction AdvisorySupport _ focuses on supporting the Government of Ghana to develop a commercially viable PPP pipeline of competitively-bid PPP projects to financial close. Component Three: Project Management and Monitoring &Evaluation _ focuses on financing specialized consultant services to assist MoFEP in project implementation. Read the rest of this entry »

Posted in Financial Services, Uncategorized | Tagged: , , | Leave a Comment »

Ghana Government in Investment Chaos

Posted by Business in Ghana on October 24, 2010

From IMANI-Ghana (www.imanighana.org) & AfricanLiberty.Org

So that there is no room for ambiguity, we want to repeat that we support this and previous governments’ strategy of using public – private partnerships (PPPs)as a principal means of delivering major development-related capital investments.

We think PPPs offer an elegant and powerful approach of leveraging the profit-seeking impulses of private actors for public benefit through increased financial support for the provision of public goods like roads, utilities, schools and hospitals.

Since the mid-90s when plans for outright privatisation of major development infrastructure were bungled through the overreaching zeal of immature technocrats, we have as a nation come round to the belief that even those areas once held to belong to the exclusive jurisdiction of governments can do with some private sector efficiency. Read the rest of this entry »

Posted in Financial Services, Franklin Cudjoe | Tagged: , , , , , , , , , , | 1 Comment »