African countries meet to discuss infrastructure development

1 November 2010

Countries from eastern and southern Africa have met to discuss ways of improving infrastructure development in the area.

The purpose of the dialogue is to ascertain ways of increasing funding for developing the region's infrastructure, the Daily Monitor reports.

Those present will also talk about public-private partnerships, as well as the different ways small and medium-sized enterprises (SMEs) can benefit from additional schemes in the infrastructure field.

"It is envisaged that the meeting will give [to] birth partnerships between regional SMEs and companies from Europe that are geared towards the promotion of projects and services in the infrastructure sectors," the news provider observed.

Phillip Wambugu, the East African Community director for planning, remarked he hopes businesses of that size get the opportunity to play their role.

It comes after the African Development Bank observed it will continue to invest heavily in infrastructure in order to improve regional integration in the continent.
 

Category: General