By Badri and Salim El Meouchi LLP, Chadia El Meouchi, Carine Farran, Zouheir El Baba and Tarek Eid
The State of Qatar has recently issued a new PPP Law setting out the rules and procedures for undertaking Public-Private Partnership (PPP) projects.
The PPP Law provides a legal framework governing the entry of public and private sector entities into PPP agreements for projects of various forms including BOT, BTO, BOOT, OM and so forth.
Under the supervision of a PPP Committee, the governmental authority or concerned administration concluding the project should assess the desired project and launch the selection procedures of the private counterparty through a number of procurement methods set out in the PPP Law. Bidders in a PPP project are expected to meet a number of financial and technical qualifications determined prior to the selection procedures.
By structuring and regulating PPP projects, the Qatari government intends to instill transparency, due process and equality in the tendering process for private investments in Qatari projects. This, combined with a number of benefits granted to the private partner under a PPP project such as exemptions on nationality requirements will undoubtedly encourage major actors to invest in Qatar.
For more details, see below.
Qatar National Vision 2030: new PPP law unveiled to promote private participation in major infrastructure projects #qatar #PPP #infrastructure @elmeouchilawTweet