Zimbabwe Infrastructure Policy Review


== Abstract ==

Many empirical studies have demonstrated             the close relationship between a country’s economic             development and its stock of infrastructure. Decades of             deferred maintenance and lack of long-term financing have             taken a heavy toll on Zimbabwe’s infrastructure that at one             time was ranked at the top in Africa. Only the information             and communications technologies (ICT) sector has been             performing relatively well but its high tariffs add to the             cost of doing business in Zimbabwe. The strategy in the             infrastructure sectors is to encourage public private             partnerships (PPPs) for the financing and execution of the             different sub-projects. This strategy has been emerging in             the electric power, road transport, and ICT sectors and is             now being extended to water supply and sanitation. This             review builds on the findings from an October-November 2013             mission that, upon the request of the Ministry of Finance,             assessed the ministerial submissions for the 2014 public             sector investment program (PSIP). The review concludes that             the perception of the predictable policies is key for             attracting responsible private partners for sustainable             PPPs. The review recommends less risky options such as: (i)             outsourcing operations of existing plants; (ii) lease             contracts of existing plants; and (iii) sales of existing             thermal plants. The review notes that the analytical multi             donor trust fund (AMDTF) is programmed to close on June 30,             2014. It is of the essence to explore the possibilities to             locate concessionary funding for a successor to the AMDTF             given the high priority of additional studies in the power,             water, and ICT sectors to prepare for the reforms suggested.


== Original document ==

The different versions of the original document can be found in:

* [http://hdl.handle.net/10986/24097 http://hdl.handle.net/10986/24097] under the license http://creativecommons.org/licenses/by/3.0/igo/