Gov Turns To PPP To Address Huge Infrastructure Deficit
In bid to address the huge GH¢1.5 billion annual infrastructural deficit in Ghana, the government is capitalising on the new Public Private Partnership (PPP) model to provide solutions for the infrastructural needs of the country.
To this end, the government has held a number of stakeholders’ consultative meetings on the PPP draft document, before it would be passed into law by Parliament in December, this year.
The law, when passed, would give government the legal power to join forces with firms in the private sector to undertake numerous projects in the country. This is in line with government’s policy to partner private businesses to carry out infrastructure, and other projects.
The Minister of State in-charge of Public Private Partnerships (PPPs), Alhaji Rashid Pelpuo, told some private sector leaders at the Chartered Institute of Marketing, Ghana (CIMG) Annual Marketing Conference in Accra that the government had identified, including energy, infrastructure, and agric, as its top priority areas for PPP arrangements.
He explained: ‘The form of PPP arrangements may differ from project to project. Government’s desire is for PPP opportunities that appropriately address a real need of the Ghanaian citizenry and allocates risks and returns in a mutually beneficial manner.’
According to him, the commitment of the President John Dramani Mahama is that this would be the overarching criteria that govern all agreements agreed to on behalf of the people of Ghana.
Principally, the PPP Minister’s role has revolved around bringing private sector perspective to bear on government business, including policies and other direct government initiatives, as well as providing an effective platform for dialogue between the private sector and key government institutions.
Alhaji Pelpuo, who is also the Member of Parliament (MP) for Wa Central, was quick to note: ‘PPPs give us the ability to allocate risk to where it is most effectively able to be managed -which can both improve efficiency and reduce risk. The sharing of risks, knowledge and mutual commitments and benefits between partners make PPP’s relatively cost effective.’
He, therefore, appealed to professional marketers to take up the opportunity presented by the enormous challenge, to support the government, as well as the private sector, to drive value for the social good.
Presenting a paper on a topic: ‘Exploring the Commitment to Public Private Engagement: The Economic Perspective’, the Chief Executive Officer of Claydord Consult, Prof. Cletus Dordunoo, added that PPPs provide a unique perspective on the collaborative and network aspects of public management.
The advancement of PPPs, as a concept and a practice, is a product of the new public management of the late 20 th Century and globalisation pressures.
The term PPP is prey to thinking in parts, rather than the whole partnership, which makes it difficult to pin down a universally-accepted definition of PPPs, he argued.
Prof. Dordunoo observed that most governments are committed to the PPP project approach, because of its ability to maximise investment and addressing budget constraints, and mobilisation of private capital by leveraging public investments, among others.
The National President of CIMG, Mrs. Shola Safo-Duodu, said the situation confronting the nation at this time called for concerted efforts by all identifiable groups and institutions for the common good of the people.
The government, she emphasised, must discharge its responsibilities as the lead development agent for all sectors of the economy, towards the well-being of all Ghanaians.
Mrs. added: ‘The government must play the leading role of partnering with the private and public sectors for a more significant and faster rate of development than we experience now.’
PIC: Alhaji Rashid Pelpuo
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