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Update news Law on Public-Private Partnerships
The new draft Law on Public-Private Partnerships (PPP) is being discussed at the National Assembly, and set to be voted on June 18 which also specifies PPP-based investment in the country’s power grids and power plants.
The Ministry of Planning and Investment has released the latest draft Law on Public-Private Partnerships in a move to make a fresh shift towards a specific and consolidated framework for bankable projects.
The long-awaited draft Law on Public-Private Partnerships is being completed with some issues of special attention among international and domestic private ventures being revised in order to increase bankability and to help reduce public debt.
The National Assembly has officially voiced support for the revenue risk sharing mechanism in the long-awaited draft Law on Public-Private Partnerships, but worries persist over feasible conditions, state budget affordability, and project scale.