Home OTHER MANDATES COMMERCIAL INFRASTRUCTURE

Commercial Infrastructure

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Introduction

commercial infrastructure is one of the core mandates of the fund. it essentially involves the forming of strategic partnerships with various public-private stakeholders.

Objectives

1) Advocate and lobby local authorities countrywide for youth focused commercial infrastructure.
2) Framework development to guide investment in commercial infrastructure.
3) Research to identify infrastructure development approaches.
4) Stakeholder engagements/lobby local authorities and other relevant agencies.

Rationale-understanding the problem

1) The current existing infrastructure is too expensive for the youth to afford while at the same time make their businesses profitable.
2) Most hawkers in the urban centers are predominantly the youth.
3) Most traders being the youth find themselves occupying illegal spots where they trade. These are locations already owned and sometimes operated by other third parties.
4) Practically all present infrastructure is located and operated in very unhygienic conditions.
5) Existing infrastructure at the moment lack the essential basic facilities such as water, electricity, security, banking hall, etc.

Situational Analysis-things as they are



Public entities specifically local authorities form the backbone for implementing government agenda in many forms since they are the custodians of public utilities.
There has been a lack of proper administrative planning by the local authorities in implementing these agendas.
The little that has been done is uncoordinated, rudimentary and lacks a clear vision for the future. Moreover, the various stakeholders were not consulted in its conception up to its implementation phase.

Mode of engagement-Partnerships formed

From the above, the role local authorities' play in implementing this agenda/mandate cannot be gain said. Hence by default, they constitute the majority in trying to form partnerships.

The strategy envisioned is a public-private partnership between the YEDFB and other various stakeholders from the public namely the government through local authorities (city, municipal, town and county councils) and private sector players such as Kenya Private Sector Alliance (KEPSA), Nairobi Central Business District Association (NCBDA) and Kenya Association of Manufacturers (KAM), among others.

Last Updated ( Friday, 03 September 2010 08:17 )