National Public-Private Partnership Policy. 2015-2020.
Country
Type of law
Policy
Abstract
This National Policy responds to the general commitment of the government to poverty reduction and improvement of the well-being of its population, and therefore with the adoption of a Public-Private Partnership (PPP) financial, legal and transparent Framework, the government of The Gambia aims at improving the quality of the infrastructure services and at eliminating hindrances to PPP arrangements. The main objectives of this Policy are: encourage and promote private sector participation in the delivery of public infrastructure and service; facilitate and encourage PPP investments; protect the interests of stakeholders and the environment; achieve social and environmental safeguards; provide a framework for developing efficient risk sharing mechanisms. The Policy describes benefits of the implementation of PPP, including: provision of water and its treatment, energy supply and transportation; defines key guiding principles, including: properly allocation of risks between the public and private sector; respect of social and environmental standards; concerns scope and application of PPP projects and contracts; specifies the parties and their roles; defines sectors where government provides its administrative support, including: acquisition of land and leasing, supply of energy and water at projects site, financing PPP projects.
Attached files
Web site
Date of text
Repealed
No
Publication reference
Republic of the Gambia. Ministry of Finance and Economic Affairs.
Source language
English
Legislation Amendment
No