Law on Public-Private Partnerships.

This Law aims to promote the management of the Public-Private Partnerships (PPP) mechanism for the preparation and development of public infrastructure and public service projects in an efficient, effective, sustainable, transparent, accountable, and fair manner for the greater benefit of socio-economic development in the Kingdom of Cambodia. This will be achieved by: - Determining competent institutions for the systematic management and implementation of PPP Projects; - Establishing the framework for developing, implementing, management and monitoring PPP Projects; - Establishing regulations, methodologies, procedures and management structures and the implementation of the procurement procedures within the framework of PPP Projects; and - Determining the financial support mechanisms and the investment incentives for PPP Projects. The Law defined eligible sectors for PPP projects. These, among others, include, clean water supply and sanitation infrastructure, sewage system, drainage system, restoration system, wastewater treatment, waste management and other public services for the environmental protection and public infrastructure and public services related to the agriculture sector and irrigation system. A PPP Project shall meet established identification and selection criteria. The Act specifies rules for the whole PPP process including also monitoring and control.
The Ministry of Economy and Finance is the competent institution for leading and managing the PPP mechanism. The organization and functioning of the General Department responsible for PPP shall set forth in sub-decree. The Law also defines duties and responsibilities of Implementing Agencies (IAs) as the competent institution in the development of projects and/or act as the representative of the State in signing the PPP Contract with the Private Partner.