Private Sector Investment Promotion Programme (PSIP)

The Private Sector Investment Promotion Programme provides the institutional interface for mobilising private-sector participation, investment and expertise in the development of the Northern Corridor as an economic and development corridor.

Its mandate is rooted in the NCTTA requirement that Member States encourage private-sector participation in financing, construction, maintenance and management of transport infrastructure and facilities.

PSIP objectives are to:

  • Enable policy and legal framework for the promotion of private-sector participation in public infrastructure development through various ways, including Public Private Partnerships (PPP);
  • Adopt marketing strategies to enhance PPPs;
  • Enable the private sector to participate in policy making.
 

The programme encompasses:

  • PPP policy and capacity development;
  • investment promotion;
  • private-sector advocacy;
  • public-private dialogue;
  • mobilization of financing for infrastructure;
  • investment opportunity identification;
  • Special Economic Zones;
  • roadside stations and related commercial development;
  • private-sector participation in corridor decision-making;
  • business information and market intelligence;
  • promotion of intra-regional trade and investment;
  • partnerships with chambers of commerce and private-sector associations;
  • investor engagement.