Egypt to tender PPPs from January

Egypt is expected to finalise its PPP law by the end of year.

Rania Zayed, director of the Public Private Partnership Central Unit at the Finance Ministry, said she expects the cabinet to approve executive regulations for the law in the coming weeks so tenders can be opened in January.

Egypt's parliament passed a new law on public-private partnerships in May which spelt out the country’s procurement requirements and aims to make deals proceed more smoothly.

Finance Minister Youssef Boutros Ghali recently announced Egypt will invest over US$17bn (100bn Egyptian pounds) into PPPs over the next five years.

So far the country has been keen to attract investment in its water and wastewater programmes, recently re-opening bidding on the US$86m Abu Rawash Wastewater plant. The project had previously prequalified five bidders but was delayed after issues implementing the new PPP law.