Public Private Partnership (PPP) Policy, Namibia

The Government of Namibia proposes to evolve a strong PPP Policy for Namibia so as to deliver to its citizens the required levels of infrastructure and services. Recognizing the importance of leveraging PPP as an instrument for achieving its social objectives (such as black empowerment, increased employment for the historically disadvantaged, encouraging managerial and entrepreneurial capability in the local population, stimulating small and medium enterprises, achieving economic equality through the ‘Transformation Economic and Social Empowerment Framework’). The Government wants to focus on PPP as a means to deliver improved services and better value for money through appropriate risk transfer, innovation, asset utilisation and integrated project-life management, underpinned by private financing. Following the initial study by IMF and recommendations thereon CRISIL Risk and Infrastructure Solutions Limited were appointed in 2010 by the Ministry of Trade and Industry to undertake a comprehensive review of the legal and institutional framework in Namibia, and, thereafter, evolve a conducive policy and institutional framework for PPPs.