Government issues G2G Partnership Policy for PPP Projects
Posting Date: 21 June, 2017
Public Private Partnership (PPP) Authority on the instructions of the Board of Governors proposed a “Policy for Implementing PPP Projects through Government to Government (G2G) Partnership, 2017” (the G2G Partnership Policy) to build on strong bi-lateral relationships with other Governments to develop and upgrade large public infrastructure assets in partnership with other countries, to support the growing economy in a sustainable manner and deliver essential public services. The Policy has been approved by the Honorable Prime Minister as the Chairperson of the Board of Governors for PPP Authority and subsequently the Policy has been gazzeted on 8 June 2017.
The Policy provides the framework for engagement and modality for delivery of the PPP Projects to be undertaken through a G2G Partnership whereby the implementation will be carried out with the support of other Government and executed through their state owned or private sector entities.
The Policy sets out concept of G2G partnership, G2G Framework Agreement/Memorandum of Understanding, procedure for implementation of G2G partnership, its applicability, government incentives and benefits, linked components of PPP projects and monitoring and reporting procedure under this policy.