Public Private Partnership: Benefitting From Legal Framework
By Victorine BIY NFOR, Cameroon Tribune
Officials of local councils have been told that potentially viable projects can be built through third party involvement.
The Support Council for the
Realisation of Partnership Contracts in Cameroon, CARPA, has told
Yaounde-based Mayors that local projects of great technical and
financial value can easily be executed through public private
partnership.
The putting in place in 2006
of a law
laying down the conditions for private sector participation in the
construction of infrastructure and public service facilities gives local
councils the opportunity to partner with third parties for the
execution of potentially viable projects, the Chairperson of CARPA,
Dieudonné Bondoma Yokono said. He was speaking in Yaounde on July 13,
2016, during the institution’s information day.
The information day is part of CARPA’s
drive to incite local and public bodies to commit to public private
partnership which remains a driver of growth for an emerging country, he
stated. The construction of markets and touristic sites, among others,
can easily be achieved through private investors, CARPA notes.
Its contribution is basically
information sharing, especially at a time local council officials lack
knowledge on facilities offered by the 2006 law on partnership
contracts. “We are discussing and showing them the legal framework and
we expect mayors to execute projects through public private
partnership,” Mr Bondoma stated, saying it was possible to mobilise
investors for such schemes.
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