CS MBADI OPENS PPP SYMPOSIUM, REAFFIRMS KENYA’S COMMITMENT TO INVESTOR-CONFIDENCE INFRASTRUCTURE DEVELOPMENT
The Cabinet Secretary for The National Treasury and Economic Planning, FCPA, Hon. John Mbadi EGH, today officially opened the Kenya Private Sector-Focused Public Private Partnerships (PPP) Symposium in Nairobi, reaffirming the Government’s commitment to leveraging private capital for transformative infrastructure development and sustainable economic growth.
The high-level symposium convened senior government officials, private sector leaders, development partners, and investment stakeholders to deliberate on strategies for mobilizing private investment towards resilient infrastructure and enhanced national competitiveness.
In his keynote address, CS Mbadi emphasized the Government’s resolve to strengthen the Public Private Partnerships framework by reducing investment risks, enhancing project bankability, and upholding high standards in project delivery.
“We are committed to creating a predictable and investor-friendly PPP environment that guarantees quality infrastructure, sustainable returns for investors, and affordable services for citizens,” said the Cabinet Secretary.
He noted that the Government is accelerating the implementation of strategic infrastructure projects through innovative financing mechanisms, including Public Private Partnerships, the National Infrastructure Fund, and asset securitization initiatives aimed at unlocking greater value from public assets.
The Principal Secretary for Public Investments and Assets Management, Mr. Cyrell Wagunda, highlighted ongoing efforts by the Government to strengthen the policy, legal, and institutional frameworks underpinning the PPP ecosystem.
PS Wagunda underscored the importance of deeper collaboration between the Government and private investors in delivering large-scale development projects and positioning Kenya as one of Africa’s most credible and attractive destinations for infrastructure investment.
The Director General of the Public Private Partnerships Kenya Directorate, Eng. Kefa Seda, expressed confidence in the continued growth of the PPP sector, citing ongoing reforms aimed at enhancing transparency, improving regulatory efficiency, and expanding access to innovative financing solutions.
The symposium was also attended by the Regional Head of Transaction Advisory Group (Africa), Muneer Ferozie, the Chief Executive Officer of Kenya Investment Authority, John Mwendwa, alongside representatives from the public and private sectors, development institutions, and the international investment community.