Executive Insight – Public-private partnership

In order to grow our economy and provide a better standard of living for our people, we need to invest in modern infrastructure urgently. We need roads that are well maintained, renewable energy projects that reduce our fuel bill, dams and waterworks that harness our most precious natural resource, fiber-optic networks that allow us to be part of the global knowledge economy and water and solid waste treatment plants that preserve our environment. We need projects that create a large number of jobs to help stem the emigration of our best and brightest. Everyone can agree that investing in infrastructure is investing in our future. For more than a decade now, public sector salaries, the servicing of the public debt and the subsidizing of electricity have consumed our national budget and left little money for development projects. To finance infrastructure today, the government has three options. Firstly it could borrow