A new step towards privatization of public infrastructure and partnership between private and public sectors

Seven years after initiating the first steps towards enacting a law that regulates the partnership between the private and the public sector, the higher council for privatization issued yesterday a guidebook entitled “public-private partnerships”.  The guidebook seek to familiarize users with the key steps towards endorsing the partnership law and providing the necessary groundwork to support the rehabilitation of the infrastructure necessary for securing successful projects as well as employment opportunities.
The guidebook which is available on the Council’s website, on this link, was distributed to the members of the Executive and of the House, to other relevant authorities in the private and public sector, to embassies and international organizations.  The general secretary of the higher council for privatizations, Ziad Hayek, noted that the release of the procurement procedures for commissioning partnership contracts is essential step towards joint collaboration between the two sectors for financing and executing new public infrastructure work such as a modern communication grid, electrical networks, sanitary systems, safe roads and others.  He insisted that the implementation of joint projects is also the best way to create a high number of jobs of high caliber thus curbing the migration of young Lebanese talents.
Source: Al-Diyar, Al-Safir, Al-Nahar 20 February 2014