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Pension funds target roads PPP projects
Zamara Group Group Chief Executive Officer Sundeep Raichura speaks at Panafric Hotel in Nairobi on October 18, 2018, during the Kenya Pension Fund Investment Consortium. PHOTO | SALATON NJAU | NMG
A consortium of 18 pension funds is seeking to invest up to Sh30 billion in public projects through the public-private partnership (PPP) model as members look to diversify their asset portfolio and raise returns for pension savers.
The Kenya Pension Fund Investment Consortium (KEPFIC), whose members control about Sh300 billion in assets under management, said it has identified 17 infrastructure projects in the water, energy, affordable housing and roads sectors that are viable for its intended investment.
