Kenya eyeing Sh50 billion in PPP funding of public projects this year

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A Kenya Power technician repairs a transformer. FILE PHOTO | NMG

Kenya is targeting to raise Sh50 billion through Public Private Partnerships (PPPs) to fund projects in the year starting July as it seeks to further move away from debt financing of the projects.

The Treasury made the disclosures in the draft Budget 2024 Policy Statement saying that the projects target key areas such as power generation and transmission, roads, water and aviation.

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