Panama Presents Public-Private Partnership Scheme

The Ministry of Economy submitted to the Assembly a draft law creating a system of Public-Private Partnership (APP in Spanish).

Friday, April 29, 2011

The APP is an alternative to the execution of works or public services that have traditionally been carried out by the state.

The scheme works by making contracts between the public and private sector, in which the latter constructs, finances, operates and maintains infrastructure or provide services.

This kind of partnership can be used in a wide range of social investment projects and economic developments including road building, energy, telecommunications, hospitals, prisons, schools, public buildings, water treatment, ports and more.

The principle behind this type of project is that the private sector contributes better managerial skills and technological innovation and results in greater efficiency, which in turn translates to better quality services at a lower cost.

More on this topic

Criticism of Public-Private Partnership Projects

February 2012

Representatives of employers in El Salvador say the bill submitted to the Legislature does not provide legal certainty to investors.

The draft Law on Public Private Partnerships (PPP) is unsatisfactory to businesses and analysts, and they fear that if passed in its present form, there would be enormous discretion used when carrying out its regulatory functions which would not ensure legal certainty for investors .

El Salvador: Public-Private Partnership Law Under Spotlight

August 2011

Experts from various countries have been discussing the how to make the law successful in terms of attracting foreign investment.

Flexiblity, clarity and the inclusion of detailed processes are the characteristics that should define the new public-private partnership law whose draft version is currently being re-discussed in the country.

Public-private Partnership Law in Panama

June 2011

The government wants the private sector to be more involved in the development of infrastructure and services normally provided by the state.

The project to draft the law establishing a system of public-private partnership (PPP) is now being studied by the Panamanian National Assembly.

El Salvador: 40-year Contracts for Public-Private Partnership

May 2011

The bill submitted by the Government proposes a term not exceeding 40 years, including extensions, for public-private contracts.

The government is seeking to encourage private participation in infrastructure with the new law on Public-Private Partnerships (PPP).

The proposal includes three types of contracts for the PPP:

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