Need For Public-Private Partnership Underscored

Need-For-Public-Private-Partnership-Underscored-Magdalene-Harris

The Executive Officer of Janjay Village of Hope, Magdalene Harris has underscored the need for Public-Private Partnership (PPP) as a strategic vehicle for Liberia’s economic transformation. Speaking recently at the 13th National Convention of the Association of Liberian Journalists in the Americas (ALJA), Harris emphasized that Liberia must urgently adopt PPP to drive infrastructure development, enhance public services, and attract sustainable private investment.

Participating in a panel discussion under the theme: “The Intersection between Private Sector Investment and Public Policy: Building Public-Private Partnerships in Liberia,” Harris highlighted the nation’s critical development juncture. She stressed that PPP could relieve pressure on government finances while unlocking private capital for vital projects in roads, bridges, ports, energy, water, health, education, and technology.

“PPPs unlock private capital, bring in cutting-edge technology, and streamline operations to deliver projects faster and at lower costs. They also stimulate grassroots economic growth, create jobs, and enhance community development,” she told participants at h ALJA Convention.

However, she warned that the success of PPP hinges on tackling systemic barriers, including corruption, bureaucratic inefficiencies, lack of transparency, and weak institutional capacity. Harris called for policy clarity, a robust regulatory framework, and targeted training for public officials to properly structure and manage these partnerships.

Citing successful PPP models from South Africa, Ghana, Kenya, Morocco, and Rwanda, Harris urged Liberian leaders to demonstrate political will and build a more investor-friendly environment.

The panel formed part of ALJA’s convention, held under the theme: “Private Sector Investment: A Key to Sustainable Economic Growth and Development in Liberia – The Role of the Media.” The event brought together media professionals, policymakers, and development advocates to discuss pathways to a stronger Liberian economy through strategic partnerships and media engagement.

By Wroinbee Elton Tiah/Ablejay TV

Leave a Reply

Your email address will not be published. Required fields are marked *