05 Jan 2018

China tightens rules on insurers’ private equity investment schemes

China’s insurance regulator issued a notice on Friday, banning insurers’ asset management arms from using private equity investment schemes as a channel to increase local government debts. Such schemes must not offer fixed returns to investors, and must not be used as a passive investment channel designed to skirt regulation,

19 Dec 2017

Romanian Govt. changes public-private partnership rules

Romania’s Government approved yesterday the new rules for the public-private partnership through an emergency ordinance. The new regulation introduces the Value for Money concept according to good international practice. This reflects the difference in cost estimation over the entire duration of the project, adjusted by the risk costs. The bill

07 Nov 2017

Romanian PM: New public-private partnership law ready next week

Romania’s Government will pass the new regulation on public-private partnership contracts through an emergency ordinance on Wednesday or next week at the latest, Prime Minister Mihai Tudose told local mayors yesterday. He also promised the local officials that a new set of laws for public purchases would be sent to

01 Sep 2017

Romanian minister: Law on PPP might be in place by October 1

The new law on public-private partnership could come into force by October 1, said yesterday Ilan Laufer, minister for the business environment. Laufer spoke at the Annual Diplomacy Meeting yesterday. “We have a new law, but it is not applicable because we have no norms,” the minister said. The public-private

05 Jun 2017

Qatar likely to issue public-private partnership law by the summer: PwC

Qatar is expected to finalise a new law governing the use of public-private partnerships (PPPs) by the summer and will likely use the model for one of its FIFA World Cup stadiums, according to a new report by global consultancy PricewaterhouseCoopers (PwC). Historically, Gulf governments have funded most of their

02 Jun 2017

NEDA asked for guidelines on which infrastructure projects are suitable for PPP

THE PPP CENTER has asked the National Economic and Development Authority (NEDA) to come up with guidelines for assessing the best mode to implement infrastructure projects after the government said it favors “hybrid” methods of financing projects instead of public-private partnerships (PPPs). The PPP scheme — the centerpiece infrastructure program

31 May 2017

Fed Govt, Reps begin overhaul of PPP laws

The House of Representatives has declared its intention to overhaul the extant laws on Public Private Partnership (PPP). The position of the House was also supported by the Infrastructure Concession Regulatory Commission (ICRC) on the basis that the review will accelerate the process of infrastructure development in the country. At the

08 May 2017

New Public-Private Partnership Law to Launch in Qatar: Official

A senior official at Qatar’s Ministry of Economy and Commerce has confirmed that a new law defining the regulatory mechanisms and governing the operations of Public-Private Partnership (PPP) businesses in Qatar is to be issued soon. The proposed law, now in the final stages of approval, is expected to clearly

02 May 2017

Qatar plans new public private partnership law this year, private sector set to gain

Qatar is giving final touches to the new public private partnership (PPP) law, which will provide a sound legal framework for the multi-billion dollar projects that are being planned, a move that will not only boost foreign direct investment but also fix accountability and provide for monitoring efficiency in the

19 Apr 2017

Public-private participation for highway law enforcement

In some countries, public-private partnerships for road traffic law enforcement are helping to greatly reduce traffic fatalities. But careful implementation is essential, according to a new white paper. Big brother is watching you. Speed cameras are just a cash cow for local authorities. Police use them to keep their speeding