Government says it needs qualified and competent people to execute Public Private Partnerships (PPP) projects for the purpose of cutting down on appointments of foreign experts.
Commerce Trade and Industry Deputy Minister, Richard Taima, said capacity building at local level had to be a continuous process if qualified and competent individuals were to be identified for the short and long term implementation of PPP projects within the country.
Mr Taima said this during the on-going Public Private Partnerships and Project Finance workshop organized by Zesco at Chrisma Hotel in Livingstone yesterday.
He said despite PPPs being an attractive mechanism for large businesses as they were more viable for big projects, the local private sector dominated by Small and Medium Enterprises (SMEs) still had opportunities to participate in project implementation through supply of materials and sub-contracting.
Mr Taima said government would strive to empower local entrepreneurs through programs like the Citizens Economic Empowerment fund and business development services to enhance their capacity to explore wider business opportunities.
He said government would not use the current economic problems the country was facing as an excuse to withhold support for the growth of emerging businesses since they had potential to contribute to economic growth.
Mr Taima emphasized the need for the country to counter the risks and threats resulting from the global financial crisis through stronger positive measures and increased private sector participation in economic programs.
Earlier, chairman for the PPP Working Group, Dr Francis Ndilila, called for PPPs not to end up as academic programs but to result in profit, prosperity and progress for the nation.
Dr Ndilila, who is also National Construction Council chairman, said Zambia had great opportunities for implementation of PPPs especially in the housing sector which, he said, had a multiplier effect in the economy of as much as 18 times.
Dr Ndilila said it was unfortunate most home owners in the country resorted to self-induced mortgages when opportunities for formal financing by the private sector lay idle.
He said the country had lost out on big programs like hosting of the 2011 All Africa Games and development of infrastructure to benefit from the spill-over of activities from the 2010 FIFA World Cup because government had not involved the private sector.
ZANIS/ENDS/AMM/EB