Going forward, we’ll need to explore the potential of Public-Private Partnerships for infrastructure dev’t – Bawumia
Published:
1 month ago
Source:
3News
Vice President Dr Mahamudu Bawumia has said that going forward, there will be a need to explore the potential of public-private partnerships, shifting the burden of financing infrastructure development to the private sector. This he said, will free up budgetary funds for investments in other sectors. He says they will also need to look at new funding schemes, leveraging on best practices and local dynamics. This requires bold and innovative thinking, he said.
"I am confident that all stakeholders will come up with sustainable solutions to our infrastructure financing gap," he said in a Facebook post after addressing stakeholders in the road infrastructure provision system. He challenged the stakeholders to critically evaluate the current models for financing road construction and explore ways to bridge the huge financing gap.