Zimbabwe Infrastructure Policy Review

Many empirical studies have demonstrated the close relationship between a country’s economic development and its stock of infrastructure. Decades of deferred maintenance and lack of long-term financing have taken a heavy toll on Zimbabwe’s infrastructure that at one time was ranked at the top in Africa. Only the information and communications technologies (ICT) sector has been performing relatively well but its high tariffs add to the cost of doing business in Zimbabwe. The strategy in the infrastructure sectors is to encourage public private partnerships (PPPs) for the financing and execution of the different sub-projects. This strategy has been emerging in the electric power, road transport, and ICT sectors and is now being extended to water supply and sanitation. This review builds on the findings from an October-November 2013 mission that, upon the request of the Ministry of Finance, assessed the ministerial submissions for the 2014 public sector investment program (PSIP). The review concludes that the perception of the predictable policies is key for attracting responsible private partners for sustainable PPPs. The review recommends less risky options such as: (i) outsourcing operations of existing plants; (ii) lease contracts of existing plants; and (iii) sales of existing thermal plants. The review notes that the analytical multi donor trust fund (AMDTF) is programmed to close on June 30, 2014. It is of the essence to explore the possibilities to locate concessionary funding for a successor to the AMDTF given the high priority of additional studies in the power, water, and ICT sectors to prepare for the reforms suggested.

Saved in:
Bibliographic Details
Main Author: Ringskog, Klas
Format: Report biblioteca
Language:English
en_US
Published: World Bank, Washington, DC 2013-12-09
Subjects:SANITATION, WATER SUPPLIES, TRANSPORT SECTOR, LOCAL AUTHORITIES, MUNICIPAL SERVICES, WASTE MANAGEMENT, SANITATION SERVICE, BILL COLLECTION, WATER SECTOR, WATER SYSTEMS, COLLECTION SYSTEM, WATER SUPPLY, JOINT VENTURE, WATER RESOURCE, INFRASTRUCTURE DEVELOPMENT, URBAN WATER, SURFACE WATER, PRIVATE PARTICIPATION, TOLL, WATER COVERAGE, SEWERAGE SERVICES, TOWNS, WATER SUPPLY SERVICES, ADEQUATE SANITATION, RURAL WATER, WATER CONSUMPTION, WATER RESOURCES, CASH FLOWS, MAINTENANCE COSTS, MUNICIPALITIES, WATER SYSTEM, WASTEWATER TREATMENT, PRIVATE OPERATOR, INVESTMENT PROGRAM, ROAD, PRIVATE OPERATORS, COSTS, SANITATION UTILITY, WATER RESOURCE MANAGEMENT, PERFORMANCE INDICATORS, TRANSPORT, PUBLIC SECTOR INVESTMENT, RURAL WATER SUPPLY, OPERATIONAL COSTS, WATER USE, WATER, WATER RESOURCES MANAGEMENT, RAW WATER, SUSTAINABLE WATER, CUBIC METER, SERVICE PROVISION, POTABLE WATER, WATER SALES, SUSTAINABLE SERVICES, ASSET HOLDING COMPANY, WASTEWATER COLLECTION, MUNICIPAL WATER SUPPLY, RAILWAY SERVICE, INFRASTRUCTURE, WATER SUPPLY SYSTEMS, SEWERAGE SYSTEM, OPERATIONAL RISKS, STORAGE CAPACITY, LOW-INCOME HOUSEHOLDS, MUNICIPAL GOVERNMENT, TRANSPORTATION, POLICIES, LEAST COST, EXCESS CAPACITY, SUSTAINABLE WATER SUPPLY, UTILITIES, SOLID WASTE, WATER POLICY, SYSTEMS, CENTRAL GOVERNMENT, WATER PRODUCTION, URBAN AREAS, WATER AUTHORITY, SANITATION SECTOR, CUBIC METERS, SOLID WASTE MANAGEMENT, SERVICE OPERATORS, ROLLING STOCK, SERVICE QUALITY, INFRASTRUCTURE PROJECTS, PUBLIC WORKS, RAILWAY, MUNICIPAL STAFF, INDIVIDUAL CONNECTIONS, PUMPING STATIONS, TOWN, ROADS, COUNTERPART FUNDING, WATER SOURCES, DRINKING WATER SUPPLY, IRRIGATION SYSTEMS, SANITATION SERVICES, DRINKING WATER, MAINTENANCE OF ASSETS, ABSORPTIVE CAPACITY, HOUSEHOLDS, INVESTMENT CLIMATE, URBAN WATER SUPPLY, TARIFF POLICIES, INVESTMENT REQUIREMENTS, SEWERAGE AUTHORITIES, CONTRACT PERIOD, INVESTMENTS, WATER SERVICE, DISTRIBUTION SYSTEMS, PRIVATE FINANCING, WATER INFRASTRUCTURE, INVESTMENT COSTS, COMPETITIVE BIDDING, ROAD TRANSPORT, NUMBER OF CONNECTIONS, MUNICIPAL COUNCIL, TRANSPORTATION SERVICES, MUNICIPAL WATER, CASH FLOW, QUALITY OF SERVICE, MAINTENANCE REQUIREMENTS, WATER CUSTOMERS,
Online Access:http://documents.worldbank.org/curated/en/2016/03/26010671/zimbabwe-infrastructure-policy-review
https://hdl.handle.net/10986/24097
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Many empirical studies have demonstrated the close relationship between a country’s economic development and its stock of infrastructure. Decades of deferred maintenance and lack of long-term financing have taken a heavy toll on Zimbabwe’s infrastructure that at one time was ranked at the top in Africa. Only the information and communications technologies (ICT) sector has been performing relatively well but its high tariffs add to the cost of doing business in Zimbabwe. The strategy in the infrastructure sectors is to encourage public private partnerships (PPPs) for the financing and execution of the different sub-projects. This strategy has been emerging in the electric power, road transport, and ICT sectors and is now being extended to water supply and sanitation. This review builds on the findings from an October-November 2013 mission that, upon the request of the Ministry of Finance, assessed the ministerial submissions for the 2014 public sector investment program (PSIP). The review concludes that the perception of the predictable policies is key for attracting responsible private partners for sustainable PPPs. The review recommends less risky options such as: (i) outsourcing operations of existing plants; (ii) lease contracts of existing plants; and (iii) sales of existing thermal plants. The review notes that the analytical multi donor trust fund (AMDTF) is programmed to close on June 30, 2014. It is of the essence to explore the possibilities to locate concessionary funding for a successor to the AMDTF given the high priority of additional studies in the power, water, and ICT sectors to prepare for the reforms suggested.