Lebanon’s government has ratified the country’s PPP law.
Infrastructure/PPP news in Lebanon
Lebanese officials, technicians and experts have reiterated the need to implement a public-private partnership (PPP) law in order to reduce government expenses and achieve higher economic growth.
The Government of Lebanon has received a financing from the Arab Financing Facility for Infrastructure (AFFI) and intends to apply part of the proceeds of this financing for contracting a PPP transaction advisory services provider to assist the Beirut Mount Lebanon Water Establishment.
Mohammed Safadi, Lebanese Minister of Public Works and Transportation, said in in the last Reuters Middle East Investment Summit the following: