Cabinet green lights Public-Private Partnership Policy

The cabinet approved on Friday the public-private partnership (PPP) Policy to provide an enabling and conducive environment for attracting foreign investment in the country.
Dr. Jacob Mijok Korok the Deputy Minister for Information, Communication, Technology and Postal Services.

By Awan Achiek

The cabinet approved on Friday the public-private partnership (PPP) Policy to provide an enabling and conducive environment for attracting foreign investment in the country.

The policy that was tabled before cabinet in Juba by the Minister of Investment Dr. Dhieu Mathok Ding, aims to establish a comprehensive regulatory framework to instill confidence and attract both domestic and international private investors.

“The purpose of this policy is to create an enabling environment for promoting public-private partnership, as well as to achieve socio-economic development in the Republic of South Sudan,” Dr. Jacob Mijok Korok the Deputy Minister for Information, Communication, Technology and Postal Services told journalists.

Korok added that the policy will help enhance sustainable funding through mobilization of the private sector, adding that it will also foster economic growth by developing new commercial and investment opportunities for the local investors and foreign investments, increasing competition in the provision of public service.

He said that cabinet has directed the Minister of Investment to table the private-public partnership policy before the Transitional National Legislative Assembly for approval.

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