$1 trillion dream hinges on fixing private sector partnerships

Dar es Salaam. Tanzania’s ambition to build a $1 trillion-dollar economy by 2050, with the private sector expected to drive up to 70 percent of economic activity, will only be realised if long-standing weaknesses in public-private partnerships (PPPs) are addressed, stakeholders have warned.

Speaking during the National PPP Dialogue on May 9 under the theme Strengthening Access to Safe Water in Tanzania through Public and Private Sector Partnerships, experts pointed to mistrust, bureaucracy and weak implementation as key barriers discouraging investment.