News / PPP law draft ready for private comments in Jordan.

PPP law draft ready for private comments in Jordan.

🕔 July 12, 2010

Egypt is not the only country trying to develop a PPP framework in the Middle East, Jordan is also designing a new suitable landscape for private investment in infrastructure.

The private sector in Jordan will soon submit remarks and recommendations on the public-private partnership (PPP) draft law, a senior member of the Jordan Chamber of Commerce (JCC) said last Tuesday.The recommendations will include the private sector's views on its role in the mega-projects including transportation, energy and infrastructure, JCC Vice President Issa Murad said yesterday.He indicated that private sector representatives discussed with Executive Privatisation Commission Director Abdul Rahman Khatib means to increase cooperation in order to include all points of view in the planned legislation.The draft law must focus on transparency, fairness and competitiveness and must reflect the spirit of partnership between the two sectors, Murad stressed noting that the government has adopted the PPP concept to implement several crucial projects.However, several private sector representatives expressed dissatisfaction over the governments' strategy in handling this issue.The Jordan Construction Contractors Association sent a letter to Prime Minister Samir Rifai last week calling on the government to engage its members in the large-scale projects including Disi, Red-Dead Canal and relocation of the port in Aqaba, according to JCCA President Ahmad Tarawneh.
The law includes building, rehabilitating, financing, operating and maintaining the public infrastructure and the provision of funds from the private sector for PPP projects with national interest in order to reduce the burden on the treasury and encourage private sector initiatives to handle projects and services of public nature, Khatib added.

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