Nepal introduces PPP policy
The government of Nepal has introduced the Public Private Partnership (PPP) Policy aimed to close the gap between funding and project preparation in the country and to assist developers to implement PPP projects.
After discussions with stakeholder for over two years, the government has finally been able to present this PPP policy, intending to improve the infrastructure sector with the private sector assistance.
The policy incorporates a provision on ‘unsolicited proposal’, which paves the way for private developers to directly approach the government for carrying out projects.
As we reported in late July, the Government of Nepal also established a Public-Private Partnership (PPP) Center to make investment arrangements for infrastructure and service-based projects.
The center in the first stage aims to facilitate projects of PPP model that require investment of over NPR100 million (US$900,000). Experts about infrastructure and investment will also be included in the center. Staffers of the line ministries that implement the projects will also be provided necessary training for negotiation with the private sector and facilitation.
Country news
-
-
July 29, 2016
Nepal establishes PPP Center
The Government of Nepal will establish a Public-Private Partnership (PPP) Center to make investment arrangements for infrastructure and service-based projects. The center will start the process of making investment arrangements from the upcoming fiscal year, according to the National Planning Commission (NPC). The government plans to eventually expand the center as a department. The NPC is currently finalizing details of the center’s structure in coordination with the Finance Ministry and the Ministry of General Administration. Read more -
June 16, 2016
Kathmandu plans parking PPP
Kathmandu Metropolitan City (KMC) plans to carry out an underground parking project at Tundikhel Khulamanch, with capacity for 2,000 light vehicles. Read more -
June 08, 2016
Nepal prepares first draft of PPP Act
The Ministry of Finance (MOF) is the central authority of Government of Nepal, charged with the responsibilities for maintaining both micro and macro economic stability in the country, has recently announced that it has prepared the first draft of the public-private partnership (PPP) Act. Read more -
September 18, 2014
Nepal launches request for EOI for road PPP project
The Government of Nepal, through the Ministry of Physical Infrastructure and Transport (MOPIT), Read more -
October 27, 2014
MOU signed for creation of Asian Infrastructure Investment Bank
Last Friday, twenty-one Asian countries signed a Memorandum of Understanding (MOU) to establish the Asian Infrastructure Investment Bank (AIIB) as founding members in Beijing. Read more
