Project News Details
Title:
Botswana - Public Private Partnership Capacity Strengthening Project
Detail:
The proposed project will finance regulatory, institutional strengthening and capacity building activities to improve the pace of implementation of the Public Private Partnership (PPP) program. The project is structured around two mutually reinforcing and complementary components, namely: (i) Strengthening the regulatory and institutional framework for sustainable PPPs; and (ii) PPP Capacity development. By strengthening the existing PPP regulatory and institutional framework and building the requisite capacity across Government, the proposed project is expected to have a positive impact on Botswana’s ongoing efforts to bridge the infrastructure funding gap through PPPs and enhance private sector participation in the economy, both of which are central to the Bank’s support in Botswana. It is designed to complement a number of ongoing Bank-funded projects, particularly the Economic Recovery Support Program (ERSP), whose objective is to support resilience and post-COVID-19 pandemic inclusive economic recovery through improved governance and real sector structural reforms. Other complementary projects include: (i) the Zambezi Integrated Agro-Commercial Development Project; and (ii) the FAPA Botswana Support to Economic Diversification TA Project. These complementary interventions will achieve significant development outcomes and contribute to the attainment of Botswana’s medium- term development goals. The estimated total project cost is UA 125,000 (USD 168,710), of which the Bank will provide UA 100,000 (USD 134,970), to be funded under the Middle-Income Countries Technical Assistance Fund (MIC TAF). The implementation timeframe is 15 months, from August 2022 to October 2023.
Country:
Source:
African Development Bank Group
Published Date:
07.07.2022
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