Changes to public-private partnerships come into force on 20 and
27 February 2009.
A new PPP Act is designed to set a legal framework for rapidly
developing PPP projects. It replaces the 2005 Act which was
intended to stimulate PPP investment but instead did the opposite
by making PPPs so complicated that some turned to other methods of
procuring PPPs, especially in the roads sector.
The new PPP Act is expected to improve the situation as it:
- removes the need for a detailed and expensive analysis, which
should significantly reduce project costs
- sets out the main assessment criteria for the public and the
private partner to assess whether services offer value for money
when implementing a PPP
