Treasury plan aims to overcome private sector reluctance to submit unsolicited infrastructure proposals
Concerns over cost of bids and loss of tenders addressed
07 April 2024 - 05:44
The government will take unsolicited bids from the private sector for public and private partnership (PPP) infrastructure projects, the National Treasury said as it introduced a proposal to stimulate participation in government-led projects by overcoming barriers to entry for the private sector.
Briefing government officials and industry representatives this past week, the Treasury said unsolicited bids will boost technical knowledge, innovation, and efficiency...
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