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Adani deal: What Raila said

"Public-Private Partnerships (PPPs) are critical for Kenya's economic development."

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by WILLIAM WANYOIKE

Infographics14 October 2024 - 15:59

In Summary




    ODM leader Raila Odinga warned that the handling of Public Private Partnerships in the country could make or break the economy.


    In a seeming endorsement of the controversial Adani-JKIA deal, Raila said the ongoing energy and airport projects present a critical test that could make or break Kenya’s ability to compete in the field of infrastructure development for a considerable period.


    "Given the current financial status of the country, PPP is the only way out of cash-intensive projects. “ "If we plant doubts in our capacity to handle PPPs, we must be prepared for a prolonged period of development drought and risk being overtaken by our neighbours,” Raila said.


    He spoke at a press briefing on the sidelines of an ODM delegates retreat in Mombasa on Sunday. Raila said PPPs must be handled with transparency and eliminate all red tape and legal hurdles placed.


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