Tanzania looks to PPPs

A series of PPP highway projects look likely to be announced in Tanzania in due course.
February 28, 2012
A series of PPP highway projects look likely to be announced in Tanzania in due course. The Tanzanian Government is evaluating the benefits of the PPP structure to finance road and other infrastructure projects. The country does not have sufficient financial resources to cover the cost of the necessary infrastructure projects and the Ministry of Transport is investigating tie-ups with potential private investors under the PPP route to implement such projects. The contracts would allow the Tanzanian Government to reclaim ownership of the infrastructure once the investors recover their investments. New laws would be introduced for PPP contracts in order to reduce the country's reliance on its budget allocation to finance road and infrastructure projects.
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