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The Ministry of Finance and Economic Development of Zimbabwe with the support from the African Development Bank (AfDB) implemented the Joint Venture Development Framework under the Capacity Building for Public Financial and Economic Management Project (CBFEM) to support accelerating infrastructure development through alternative financing models. As part of this exercise, African PPP Advisory in association with Deloitte, Manokore Attorneys/DLA Piper and ESAMI had been engaged to provide technical assistance to review the implementation of PPPs, also known as Joint Ventures in Zimbabwe.
The technical assistance provided by our subject experts included Capacity assessment of key central agencies, Development of Joint Ventures Act Regulations, Joint Venture Implementation Manual, Conduction of a Pre-Feasibility Study, Development of Public sector comparator for two projects.
This also involved a detailed review of the Joint Venture Act Regulations, recognising the areas of improvement, and presenting the best practice for PPP Frameworks along with the delivery of such project assignments across Zimbabwe.
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