The Principal Secretary for Public Investments and Assets Management (SDPIAM) Mr. Cyrell Wagunda today appeared before the Public Debt and Privatization Committee of the National Assembly to present an overview of Public Private Partnerships (PPP) projects.

PS Wagunda briefed the Committee chaired by  Balambala Member of Parliament Hon. Abdi Shurie Omar on the reforms undertaken by the State Department in relation to public investments and status of PPP projects.

The PS informed the Committee that in collaboration with a Multi-Agency Technical Working Committee constituted by the National Treasury, the State Department has undertaken implementation of State Corporation's Reforms, including: Twenty- three (23) mergers to establish nine (9) State Corporations; Dissolving Sixteen (16) State Corporations and transfer of seven (7) State Corporations back to MDAs including declassification of Child Welfare Society.

Notably, the PS stated that the merger of Tourism Fund and Tourism Promotion Fund (TPF) has been successfully completed.

The State Department, PS said, has digitized management of assets in the public sector by operationalizing IFMIS Fixed Asset and inventory modules, "Out of the Thirteen (13) Asset Registers, six (6) Asset Registers have been rolled-out to State Departments, Constitutional Commissions, Independent Offices and 5 Counties."
He remarked that the Government has rolled out implementation of Electronic Government Procurement (e-GP) System for enhanced transparency and accountability.

PS Wagunda further highlighted several projects that are being implemented under the PPP framework which have achieved commercial close and mobilized a total of Ksh. 200 billion of private capital.

The PS was accompanied by the Director General of the Public Private Partnerships Kenya Directorate Eng. Kefa Seda and senior officials from SDPIAM.