Experts raise concerns over low budget for PPP project preparation in Tanzania

 


By The Respondents Reporter

Economists and policy experts have raised concerns that Tanzania’s current budget allocation for preparing Public–Private Partnership (PPP) projects is too small to support the scale of investments the country plans to mobilise under its national development agenda.

The concern centres on the amount of public funds set aside for project preparation a critical stage that determines whether infrastructure proposals can become viable investments capable of attracting private capital.

The issue emerged during a recent PPP stakeholders’ conference in Dar es Salaam that brought together government officials, economists, academics, development partners and private sector representatives to assess Tanzania’s readiness to expand PPP financing.

Participants warned that while Tanzania is increasingly relying on PPPs to finance infrastructure development, the current level of funding allocated for preparing such projects could limit the country’s ability to attract investors.

Small budget for a critical stage

PPP project preparation involves a series of complex technical processes including feasibility studies, financial modelling, legal structuring, environmental assessments and risk allocation analysis.

These steps transform development ideas into “bankable” projects that investors can evaluate and finance.

Dr Bravious Kahyoza, a PPP specialist and coordinator of the conference, said Tanzania currently allocates around TZS2 billion for PPP project preparation.

He said the amount is extremely small compared to the value of projects the government expects to implement through partnerships with private investors.

“Project preparation is the foundation of successful PPPs,” Dr Kahyoza said. “If we do not invest enough resources at this stage, many projects will never reach the level where investors can finance them.”

According to him, international best practice generally recommends allocating about two percent of the expected investment value for project preparation to ensure projects are technically sound and financially viable.

Gap between policy ambition and funding

Applying that benchmark to Tanzania’s Third Five-Year Development Plan (FYDP III) highlights the scale of the gap.

The plan had an estimated investment value of about TZS21 trillion, meaning approximately TZS420 billion would have been required for PPP project preparation under the two percent guideline.

However, the actual allocation has remained only a small fraction of that amount.

Experts say the gap between recommended preparation funding and actual allocations raises concerns about whether Tanzania can build a strong pipeline of viable PPP projects.

Without adequate preparation funding, potential projects may struggle to reach financial closure or attract credible investors.

Bigger challenge under FYDP IV

The issue becomes even more significant under Tanzania’s Fourth Five-Year Development Plan (FYDP IV), which will run from 2026 to 2031.

Government planning estimates indicate that implementing the plan will cost about TZS477 trillion.

Of this amount, roughly 70 percent — equivalent to TZS334 trillion — is expected to come from the private sector.

PPP projects are projected to mobilise more than TZS170 trillion of that investment during the five-year period.

If the two percent international benchmark is applied, analysts estimate that Tanzania would need around TZS3.4 trillion to properly prepare PPP projects linked to the plan.

“This shows the scale of the challenge,” Dr Kahyoza said. “If we want PPPs to mobilise trillions of shillings in investment, the country must also invest significantly in preparing those projects.”

Why preparation matters

Investment specialists say project preparation determines whether PPP projects become financially viable.

Joseph Simbakalia, an experienced investment negotiator, said thorough preparation also strengthens the government’s bargaining power during negotiations with private investors.

“When a project is properly prepared, the government understands the risks, expected returns and long-term financial implications,” he said.

“That allows the country to negotiate agreements from a position of strength while protecting national interests.”

Former Controller and Auditor General Ludovick S. L. Utoh has cautioned that public–private partnerships (PPPs) should not be viewed as an easy financing option for governments.

“PPP is not a free lunch,” he said, noting that while such arrangements can mobilise private capital for infrastructure and public services, they also carry financial obligations and risks that must be carefully managed.

Utoh said governments must ensure that laws and policies are supportive of key productive sectors, including the alcohol-based industrial economy, to stimulate investment and economic growth.

He also stressed the need for stronger transparency and accountability in PPP projects. He suggested closer collaboration between the Public Private Partnership Centre and the National Board of Accountants and Auditors to promote a robust system for reporting audit findings related to PPP projects.

He further emphasised the importance of a disciplined and skilled workforce to ensure effective implementation of development policies and projects.

Investor confidence at stake

Private sector representatives say insufficient project preparation can also undermine investor confidence.

Mwanahamisi Hussein, director of policy and research at the Tanzania Private Sector Foundation (TPSF), said investors are more likely to participate when governments present projects supported by reliable technical studies.

“Well-prepared projects reduce uncertainty and investment risk,” she said.

“If feasibility studies and technical groundwork are incomplete, investors may hesitate because they cannot properly evaluate the risks involved.”

Government perspective

Planning and Investment Minister Prof. Kitila Mkumbo says Tanzania is increasingly turning to PPPs as a strategy to bridge the gap between growing infrastructure needs and limited public development budgets.

“For many years, developing countries including Tanzania have faced limited development budgets while infrastructure demands continue to increase due to economic growth and population expansion,” Prof Mkumbo said.

He noted that the country’s expanding population and urbanisation are increasing demand for transport networks, energy systems, water supply and social infrastructure.

PPP arrangements, he said, offer a way to mobilise private capital to complement public resources in financing such investments.

Tanzania introduced its PPP framework through the National PPP Policy of 2009, followed by the Public–Private Partnership Act, which established the legal and institutional framework governing partnerships between the government and private investors.

Government data shows that 101 PPP projects are currently at different stages of development across mainland Tanzania, ranging from concept development to implementation.

Capacity improving, but funding gap remains

Government officials say efforts are underway to strengthen institutional capacity for managing PPP projects.

David Kafulila, a senior government official involved in PPP coordination, said projects worth about TZS8.5 trillion have reached agreement or financial closure in the past two years.

He also noted that the number of trained PPP specialists within government institutions has increased significantly.

“In the past we had only a few experts working on PPPs,” Kafulila said. “Today we have around 45 trained professionals supporting project preparation, evaluation and negotiations.”

However, analysts say that while institutional capacity is improving, the limited financial resources allocated to project preparation remain a key constraint.

Turning plans into bankable projects

As Tanzania prepares to implement FYDP IV, experts say the success of PPP financing will depend heavily on the government’s willingness to increase funding for early-stage project development.

Without stronger investment in project preparation, many proposed infrastructure projects may fail to reach the level of technical and financial readiness required by investors.

For a country planning to mobilise more than TZS170 trillion through PPPs, analysts say strengthening the budget for project preparation could be one of the most critical steps toward turning development plans into real infrastructure on the ground.

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