Affordable housing will be attained from smart PPP bargains

Some 90 per cent of Kenya’s urban households living in rented houses, according to the World Bank. FILE PHOTO | NMG

Public Private Partnerships (PPPs) attract private financing and sharing of risks in public projects or programmes. They bypass public debt yet expand delivery of public services such as sanitation, housing and transport.

In late 2017, my oversight of expert findings of the African Development Bank’s latest study on affordable housing in Kenya under PPPs was an eye opener.

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Note: The results are not exact but very close to the actual.