The Privitization Commission of Malawi has changed its name to Public Private Partnership Commission (PPPC).
PPPC board chair Alex Chitsime said following the enactment of PPP Act, its projects will be developed in various sectors of the economy including energy, transport and tourism for consideration of government.
But when the DPP regime pushed the Public Private Partnerships bill through parliament, opposition, Malawi Congress Party Member of Parliament for Lilongwe Msozi South, Vitus Dzoole Mwale claimed it was passed to legalise nepotism and regionalism.
He said in Parliament that the bill was just a way of legalising nepotism so that contracts are awarded to companies close to DPP leaders.
But since the death of president Bingu wa Mutharika, the new administration of Joyce Banda, its interest in the PPP is the creation of jobs, economic development and economic revenue which is channeled to fuel social economic development of the nation.
“One of the most important aspect of the PPP is that it allows the public sector to access new resources of finance and get the benefit that the private sector skills and management can bring by reducing costs and generating greater value from public assets,” said deputy minister of finance, Cornelius Mwalwanda during the launching ceremony for the new name in Blantyre last Thursday.
He said the private sector is expected to play “an important role” in the delivery of the delivery of infrastructure in designated priority areas such as agriculture, tourism, energy, transport, education and health.Follow and Subscribe Nyasa TV :