Public Private Partnerships of Zambia

PPPs2

The Privatisation Act 1992 allowed for the privatisation and commercialisation of state-owned enterprises, as well as providing for the establishment of the Zambia Privatisation Agency and defining the functions thereof. The Act also provides for the sale of shares in state-owned enterprises. The Public Private Partnerships Act of Zambia 2009 aims to promote and facilitate the implementation of privately financed projects and delivery of social services by enhancing transparency, fairness and long-term sustainability. The plan also aims to remove undesirable restrictions on private sector participation in social sector services and public infrastructure strategies. The current PPP strategy in Zambia is to enhance economic development in the country through partnerships between the government and private sector, and support the national vision of the country which is to make Zambia ‘a prosperous and middle-income country by 2030’.