Nairobi, Feb. 8 -- The National Treasury is seeking to recruit an international consultant to advise on the structuring of Public Private Partnership (PPP) projects as part of a new 10-year plan designed to strengthen the implementation of public infrastructure projects in Kenya

This comes amid a turbulent macroeconomic environment characterised by surging financing costs (high-interest rates on debt), depreciating Kenya shilling, soaring project implementation costs, and high operation and maintenance costs which are making public infrastructure projects unattractive to private investments.

"The macroeconomic environment, the interest rate environment, the exchange rate environment are very critical for a very strong and successful PPP...