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Kenya to use private partnerships for key infrastructure to cut debt and fill funding gaps.
Kenya plans to shift profitable infrastructure projects like highways, dams, and power generation to the private sector via public-private partnerships (PPPs) to reduce debt, as national debt nears Sh13 trillion despite a Sh16.2 trillion GDP.
The government says this move, led by a new PPP Directorate under President William Ruto, will address a Sh4 trillion infrastructure funding gap—Sh3 trillion for development and Sh1 trillion for maintenance—by keeping projects off the public balance sheet.
A Sh40.4 billion power transmission line with Africa50 and India’s Power Grid Corporation, aimed at reducing blackouts in Western and North Rift regions, will be privately funded with no government risk.
Other ongoing PPPs include road upgrades, geothermal energy, water projects in Malindi and Kilifi, and hospital improvements.
The strategy aims to improve efficiency, control spending, and ensure fiscal sustainability.
Kenia utilizará asociaciones privadas para infraestructuras clave para reducir la deuda y llenar las lagunas de financiación.