During March 2021 GTAC and National Treasury offered foundation training on Public-Private Partnerships (PPP) to a number of attendees from a variety of sectors. This training unpacked the ways in which PPPs operate within the South African context and included the regulatory framework and the role of PPPs within the South African landscape.
National Treasury outlined the regulatory framework of a PPP and highlighted the importance of a public private partnership in stimulating growth within the South African economy.
GTAC presented the key features of the regulatory framework, the feasibility study, as well as the procurement process, and contract management. GTAC also introduced the concept of standardisation within the realm of PPP, and explained the typical risk allocations in PPP’s and the role of the transaction advisor. A training module on introducing the the tourism toolkit was also offered. This custom-made toolkit is aimed at encouraging investment and growth within the tourism sector.