C-NERGY Global Holdings, Finance Ministry hold PPP Confab
C-NERGY Global Holdings (CGH), an investment advisory services firm, has partnered with the Ministry of Finance to inaugurate the third Global Public Private Partnership (PPP) conference in Takoradi.
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The conference created a platform for stakeholders to deliberate on pertinent issues that will promote development of the sub-region through PPPs.
The five-day conference is on the theme, “Harnessing local opportunities, international expertise and resources to accelerate Ghana’s PPP agenda”.
The Chief Executive Officer of C-NERGY Ghana Limited, Mr Michael N. A. Cobblah, said the conference was necessary, given that recent developments showed that socio-economic development should not be the sole responsibility of the government but also that of private entities.
He mentioned opportunities, knowledge and resource mobilisation as the three key things the conference would consider to contribute to the development of the country and beyond.
Mr Cobblah said a team of resource persons and professionals had been assembled to deploy case studies and network opportunities to help set the development milestones the PPP had targeted.
Confab relevance
The conference has attracted about 300 delegates from district assemblies, ministries, departments and agencies and private sector participants from Nigeria, Kenya, South Africa and Ghana.
The conference presents international and local speakers from Kenya, South Africa and Ghana, with topics ranging from the life cycle of PPPs, international best practice and success stories on PPPs to procurement, policy and legal framework for PPPs.
The CEO of the C-NERGY Ghana, which is a subsidiary of C-nergy Global Holdings, said the conference was the largest gathering of private individuals, institutions, governments and development partners.
He stressed that it sought to connect the interest of public and private sectors in sub-Saharan Africa and the world at large by primarily steering the framework for implementation and attracting investors for PPP projects.
Mr Cobblah disclosed that the conference would identify and transform local opportunities into bankable PPP projects that could be leveraged to promote economic growth and financial stability in the sub-region.
A representative of the Ministry of Finance, Mr Cecil Okrah, noted that governments across the sub-region had developed a common focus on PPP, which would allow the public sector to tap into the financial and human capital expertise of the private sector to promote development.
“While we push to do better, we recognise the competing demands on the national budget and continue to engineer new ways of meeting our infrastructure needs,” he said.
The conference was sponsored by Tullow Ghana Limited and the Ghana National Petroleum Commission and attended by representatives from C-NERGY Ghana Limited, the Ministry of Finance, regional ministers, traditional rulers, private sector development and industry experts across the sub-region.
