Public Private Partnerships Commission (PPPC) has expressed concern over poor participation of local companies in developmental project investments undertaken by the commission.
Public Private Partnerships Commission chief executive Officer Patrick Kabambe said this in Blantyre during a media orientation workshop on the mandate of PPPC.
Kabambe said attributed lack of civic education, lack of accurate information and proliferation of misconceptions on PPPC’s mandate are some of the major challenges resulting into poor participation or lack of interest by local companies to invest in public projects.
He said this has made the commission face numerous challenges especially in the implementation of various projects that could have helped in boosting the country’s development.
“2025 has been so challenging, as you are aware, inflation has been high and also issues of forex have greatly affected our operations because investors both local and international were worried that if they invest, may be they would not be able to make gains so some pulled out and others did not even show interest to bid”, explained Kabambe.
He therefore said media houses have an important role to play to ensure that the public is well equipped with accurate information hence asking journalists to conduct thorough research before writing their news.
He however added that the economic hardships that the country has endured for the past years has also affected the implementation of other projects under PPPC including moving away of some international investor partners.
One of the Participants Wezzie Nyirongo has applauded PPPC for organising the workshop, saying it will assist them in providing the public with accurate information.
The Public Private Partnership Commission, was established to among others ensure more involvement of the private sector in the delivery of services and infrastructures as one way of uplifting the country.
The PPP Commission was established as the Privatisation Commission under the Public Enterprises (Privatization) Act of 1996. It started operation in April 1996 with its Head Office in Blantyre to implement divestiture of direct or indirect state interests in State Owned Enterprises (SOEs).
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