A draft law ‘On public-private sector partnership’ has been considered by the parliamentary committee on economic policy, industry and entrepreneurship and will now be put forward for discussion in a plenary session in the Milli Majlis (Parliament).
The draft law will establish the framework for the delivery of new infrastructure through a PPP model in the country, including legal, regulatory and economic considerations.
In January this year, Minister for the Economy, Mikayil Jabbarov, unveiled a four-part plan for 2022-26 targeting PPPs in “all sectors of the economy”.