PS Dr. Chris Kiptoo, presided over the formation of a private sector-led committee of experts to explore ways of mobilizing long-term capital from Kenya's local financial markets to fund Public-Private Partnership (PPP) projects. The committee, chaired by Dr. Hosea Kili (President of APTAK) and Vice-Chaired by Mr. Tom Mulwa (CEO, Liaison Group), brings together professionals in finance, investment, infrastructure, and capital markets.

The committee’s 3-month mandate includes reviewing regulations, deal structures, and capacity within local markets to enhance investment in key projects. It will also identify priority PPP initiatives, such as the JKIA Airfield Expansion and the Nairobi-Nakuru-Mau Summit Highway, for private sector financing.

Kenya’s pension industry (KES 2T assets) and insurance sector (KES 1T asset base) have been identified as vital sources of patient capital for infrastructure development. The government seeks to reduce loan dependency by collaborating with these sectors and leveraging innovative financing solutions like infrastructure bonds.

This initiative aligns with Vision 2030’s goal of transforming infrastructure through sustainable financing partnerships.