Kuwait PPP law to be amended
Date
February 11, 2019
Type
Legislation
Subtype
Legislation announced
Countries
Kuwait
Contracting Authorities
Kuwait Authority for Partnership Projects (KAPP)
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The government of Kuwait is in the process of amending its PPP law. The first draft of the amendment is currently being reviewed by the Fatwa and Legislation Department.
The amendment will shorten the approval process of PPP projects, with the aim of reducing the amount of time it currently takes to reach commercial and financial close.
Following the Fatwa and Legislation Department's approval, the draft amendment will be referred to the Council of Ministers and then the National Assembly.
