Public Private Partnerships, or PPPs, are essentially
partnerships between government and the independent private sector,
pursuant to which delivery of a public service is transferred, for
a period of time, from the public party to the private
party.
These structures have, for many years and in many countries,
been seen as a means of risk sharing and creating collaboration
between the two sectors on substantial infrastructure and like
projects. With a few notable exceptions, that has not, however,
been the norm for such development in the United Arab Emirates
(UAE).
On 19 November 2015, Dubai's Law No. 22 of 2015 Concerning
Regulating Partnership Between the Public and Private Sector (the
PPP Law) came into force. Prior to the advent of the PPP Law, under
the long-established infrastructure development model used in the
UAE, government alone has largely been responsible for the
development and construction of each infrastructure project, and
owns each such