Punjab Public Private Partnership Act, 2019 (Act No. XXX of 2019).
Country
Type of law
Legislation
Abstract
This Act, consisting of 54 sections divided into four Chapters, aims to foster an enabling environment for private sector participation in development in the Punjab through public private partnership. In particular, it aims to create an enabling environment to promote the private sector participation and investment in partnership with the public sector for provision of public infrastructure and services for accelerated economic growth; to bridge the gap in demand and supply of public infrastructure and services; to harness the substantive role of public private partnership as a means of mobilizing private sector funding, resources and expertise; and for any related matters. It establishes a Public Private Partnership Policy and a Monitoring Board of the Authority to promote, facilitate, coordinate, direct and oversee Public Private Partnership projects. In addition, it establishes a PPP Cell in the Planning and Development Board of the Government to act as Secretariat of the Board, as well as the Punjab Public Private Partnership Authority, entitled to take necessary steps for the implementation of the provisions of the Act and to achieve its objectives.
Attached files
Web site
Long title of text
An Act to foster an enabling environment for private sector participation in development in the Punjab through public private partnership.
Date of text
Entry into force notes
This Act enters into force immediately.
Repealed
No
Source language
English
Legislation Amendment
No