DAR ES SALAAM, April 14 -- TANZANIA is staking its development future on Public – Private Partnerships (PPPs), a bold gamble that could reshape the nations economic landscape.
With the Fourth Five-Year Development Plan (FYDP IV) requiring a staggering 477tri/-, the government has made clear that it cannot go it alone.
Minister in the Presidents Office responsible for Planning and Investment, Prof Kitila Mkumbo, said nearly 70 per cent of this investment will come from private capital.
“We cannot achieve our targets without the private sector. PPPs are the bridge between aspiration and achievement,” he declared.
He said already, PPP agreements worth more than 8.5tri/- have been signed, spanning transport, logistics, u...
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