Public Private Partnership Monitor
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Public–Private Partnership Monitor
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 231 |
Release | : 2021-07-01 |
Genre | : Political Science |
ISBN | : 9292629417 |
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The Government of Pakistan strongly supports public–private partnership (PPP) initiatives. From 1990 to 2019, Pakistan witnessed 108 financially closed PPP projects, with a total investment of approximately $28.4 billion. About 88% of these projects are in the energy sector, attracting more than $24.7billion, followed by investments in the port sector. In early 2021, Parliament approved the amendments to the 2017 PPP Law, enacting the Public Private Partnership Authority (Amendment) Act 2021. This further strengthens the enabling legal and regulatory framework for developing and implementing PPPs, thereby promoting private sector investment in public infrastructure and related services.
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