An analysis of the role of public - private partnerships in regional integration initiatives in Southern Africa
This research paper, therefore, will focus on (i) the challenges and opportunities presented by hard infrastructure and (ii) the potential scope of public-private partnerships in alleviating such challenges and responding to the opportunities. This research paper, as a secondary objective, cautions against missing an opportunity to advocate for the deployment of capital in a manner that benefits the region and gives sufficient returns to investors. Simply put, such a failure has the potential to derail the regional integration project in Southern Africa. This would translate to consumers and market participants being subjected to a finite market, less competition, higher prices and less innovation. In responding to the above analyses, this research paper undertakes a thorough study of the current legal framework and practices in SADC which allow for participation of the private sector in public-private partnerships. In this regard, this research paper will consider which between institutionalisation or the ad hoc participation of the private sector in public-private partnerships is a viable policy goal.