Public-Private Partnerships
The Kano state government is implementing a Public-Private Partnership (PPP) model to address the challenges in infrastructure development. The Kano Master Plan underwent a thorough review to enhance planning and execution of major infrastructure projects, tackling issues like traffic congestion, inaccessibility, and shanty settlements.
Due to limited government funding for essential services, the PPP model involves collaboration with private sectors for infrastructure development. The state government is investing over N150 billion in critical infrastructure, adopting various PPP arrangements, such as the build-operate-transfer model, to attract private investment.
Several PPP projects have been initiated, including the construction of the Economic City of Kano in partnership with Brains and Hammers Company Ltd. This involves a joint venture, with the private developer sourcing funds for a Build, Own, Operate, and Transfer (BOOT) arrangement.
The project aims to boost economic development, offering mortgage arrangements to make it accessible to a wider population. Additionally, the government is involved in projects like the Yan Tebura Mall and the redevelopment of the former Daula Hotel in collaboration with private investors.
The Kano Economic City is designed to have 10,000 shops, warehouses, trailer parks, grain silos, filling stations, and spaces for various industries. The government is also addressing housing deficits through partnerships with private developers, constructing estates and planning 5,000 housing units for teachers in public schools under a PPP arrangement.
In summary, the Kano state government is leveraging the PPP model to bridge infrastructure gaps, stimulate economic growth, and enhance the overall development of the state.