Public Private Partnership (PPP) Law.
Country
Type of law
Legislation
Abstract
This law is enacted to facilitate private sector participation and investment in public infrastructure projects, ensuring economic growth and sustainable development. It aims to identify and promote investment opportunities, enhance service delivery, and define the roles and responsibilities of relevant authorities. The law establishes a structured framework for project implementation, risk assessment, and administrative procedures, with oversight from the High Council of Economics to ensure efficient management of Public-Private Partnership (PPP) projects. The text provides a comprehensive guideline for PPP projects, detailing key phases such as project initiation, procurement, contract execution, financial arrangements, and risk management. It emphasizes transparency, accountability, and fair competition to attract and protect private sector investments. Additionally, it defines the responsibilities of government entities and regulatory bodies to ensure compliance, dispute resolution, and monitoring of PPP agreements. The law consists of 63 Articles divided into 8 Chapters, outlining clear legal provisions to govern public-private collaborations effectively.
Attached files
Date of text
Repealed
No
Source language
English
Legislation Amendment
No
Original title
قانون مشارکت عامه و خصوصی.