MINISTRY OF FINANCE – PRIVATE PUBLIC PARTNERSHIP UNIT
The Ministry of Finance is responsible for issues concerning central government finances, including coordination of the central government budget, forecasts and analyses, tax issues, and management and administration of central government activities. The Ministry is also responsible for matters concerning financial markets and consumer legislation.
VISION: To be a catalyst and adaptive institution that promotes sustainable economic prosperity for all.
MISSION: To ensure prudent public finance management and setting the direction of Namibia’s economic and fiscal policy for sustainable, inclusive economic growth and development.
Integrity: we shall do the right thing even when nobody is looking
Accountability: we shall be accountable for our actions
Transparency: we shall be open, consistent and fair to each other and our stakeholders
Value for money: we shall not waste public resources
Courtesy and helpfulness: we shall treat each other and our stakeholders with respect and care
CORE FUNCTION PPP UNIT:
- Provide analytical support to the Ministry of Finance and PPP Committee in undertaking the analysis necessary to advise the PPP Committee/Minister of MOF in administering the PPP Policy.
- Assist the PPP Committee/MOF in issuing regulations, circulars and guidance notes, pertaining to PPPs
- Assist public entities in Namibia, by preparing and taking to market PPP projects initiatives.
- Ensure consistency in the project preparation and the evaluation processes, and to act as gatekeeper in ensuring that every progression in the PPP process meets the principles and requirements of the PPP policy.
- Promoting PPPs within the Government and coordinate PPP capacity development at public entities that are involved in planning and investment in terms of infrastructure, or are likely to play a substantial enabling role.
PPP CONSIST OF TWO DIVISIONS:
1. Project Appraisals
This division focuses on reviewing and preparing recommendations with respect to various transaction approvals sought for PPP projects from the PPP Committee at the Ministry of Finance.
2. Outreach and Capacity Building and Outreach
This division focuses on PPP training and development for various government offices, ministries and agencies O/M/As and private sectorstakeholders. The division engages with public entities in developing PPP project concepts and hand-holding them through project preparation and transaction phases.
What we do:
- Provide quarterly foundation trainings on PPPs
- Continuously provide technical support to public entities in
- Developing robust and bankable PPP projects
- Facilitate PPP projects preparation for public entities within five working days upon receipt of the request
- Facilitate the selection process of private partners within five working days after the feasibility study is approved
- Make recommendations to the PPP Committee on transactional approvals within 30 days upon receipt of the request