Abstract
Increasing urbanisation require proportionate capital injections in infrastructural projects to respond to local challenges. However, local public investments, especially in low-income economies and nations, are scare due to their low budgetary capacity, resulting in a downgrade of quality in primary public infrastructure; hence, impacting on liveability levels of socio-economic dimensions of these cities. This article proposes a policy tool to address this issue by envisaging the city as a Special Economic Zone with appropriately formulated fiscal mechanisms to encourage private sector investment in the public domain in accordance with guidelines and objectives set by government or public institutions.
Disclosure statement
No potential conflict of interest was reported by the authors.