GOVTS CAN’T FUND INFRASTRUCTURE ALONE, ICRC DG TELLS ECOWAS

The Director-General of the Infrastructure Concession Regulatory Commission (ICRC) has urged West African governments to deepen the use of Public-Private Partnerships (PPPs) to bridge the region’s growing infrastructure deficit.
Speaking at an ECOWAS forum, the ICRC boss said governments alone lack the financial capacity to meet the enormous infrastructure needs in sectors such as transportation, energy, healthcare, housing, and water resources.
He stressed that stronger collaboration with the private sector would unlock much-needed investment, accelerate project delivery, and improve the quality of public infrastructure across the region.
According to him, well-structured PPP arrangements can help governments deliver critical infrastructure more efficiently while ensuring value for money and long-term sustainability.
The ICRC chief also called on ECOWAS member states to strengthen legal and regulatory frameworks, promote transparency, and create an investment-friendly environment that attracts both local and foreign investors.
He noted that infrastructure development is essential for boosting regional trade, economic integration, job creation, and sustainable growth across West Africa.
The Director-General reaffirmed the commission’s commitment to supporting policies that encourage responsible private sector participation in infrastructure financing and development.