Almar Water Solutions explains its project financing model at the Africa PPP Conference & Showcase
Almar Water Solutions was an official sponsor of the tenth edition of the Africa PPP Public-Private Partnerships Conference & Showcase event held from 24 to 26 October in Cape Town, South Africa. The conference, which was attended by representatives of thirty-one countries, focused on project development under the concession model in the transport, energy and water sectors.
In the water area, Manel Salvadó, our Business Development Manager for Africa, took part in a session on Thursday 25th entitled “Water Partnerships – Solutions Improving Water Security – Bulk Water Projects”. The panel members discussed the opportunities provided by public-private agreements to develop safe water infrastructures and thus enhance the quality of life of the citizens of Africa.
Manel pointed out that a better water infrastructure network will increase the overall value of Africa while accelerating its economic development and that the best investment model is the one that is in line with international standards.
Almar Water Solutions, which has offices in South Africa, has a strong commitment to Africa, a continent that poses significant challenges in the water sector due to its population growth, advances in economic development and the effects of climate change. According to the recent 2018 African Economic Outlook report, the infrastructure gap is even wider than previously estimated. The deficit, which now stands at between 130 and 180 billion dollars, indicates a shortfall of between 68 and 108 billion dollars.
The Africa PPP Public-Private Partnerships Conference & Showcase event brought together governmental bodies and PPP departments, with project developers, financiers, multilateral institutions, legal advisors and other stakeholders. The program focused mainly on water, energy and transport infrastructure projects because these sectors have the most direct impact on developing economies, sustainable development, industrialization and cross-border trade.