The National Treasury has set up a committee of experts to explore and recommend viable ways of mobilising long-term funds from the local capital markets to finance the government’s infrastructure projects under the public-private partnership (PPP) arrangement.
The committee, chaired by Hosea Kili, the Group Managing Director of CPF Group and President of the Association of Pension Trustees and Administrators of Kenya (APTAK), comprises leading professionals in finance, investment, infrastructure, and capital markets. Mr Kili will be deputised by Tom Mulwa, the chief executive officer of Liaison Group.