Lebanon approves PPP law
Lebanon’s government has ratified the country’s PPP law.
The law will be applied to government and municipality projects, such as infrastructure. All PPP projects that would be prepared by the government, public administrations, and by municipalities, are governed by this law.
Mohamed Choucair, Chairman of the Chamber of Commerce, Industry, and Agriculture in Beirut and Mount Lebanon, stated that the law is expected to reactivate investments and create a good economic activity.
“There are a lot of projects that can be implemented through PPP, such as train stations, dams, and roads.”
He said that the tobacco state-monopolized Régie, and the telecom sector can be managed by the private sector.
The Higher Council for Privatization and Partnership will be established and will be responsible for approving, launching, and managing projects
A draft PPP law has remained uncertain since 2007 and the country published a PPP guidance manual in 2014.
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