Public Private Partnerships in Nicaragua

Businessmen are working to gain the passage of the law on Public Private Partnership during 2014.

Thursday, December 5, 2013

Jose Adam Aguerri, president of the Superior Council of Private Enterprise (Cosep) said they are currently working on a process that will allow the adoption of the Law on Public-Private Partnerships that respond to the needs of the country's infrastructure.

The law "aims to develop major infrastructure projects, involving both the private sector and the public sector (...), such as Tumarín Hydroelectric Project, for whose development a special law had to be made," noted an article in Elnuevodiario.com.ni.

"We have told the Inter-American Development Bank (IDB) it is important to have a common position with the World Bank about this issue and this allows us to have a position in relation to what the private sector is presenting" Aguerri said.



More on this topic

Nicaragua: Law on Public-Private Partnerships Approved

October 2016

Infrastructure such as roads, ports and airports and utilities can now receive private investment.

The law was prepared by the Executive in conjunction with the private sector, represented by the Superior Council of Private Enterprise (COSEP). 

A Law on Public-Private Partnerships for Nicaragua

May 2016

Problems related to lack of infrastructure such as roads, ports and airports could be solved if the bill on public-private partnerships being prepared by the government and the private sector is successful.

The Draft Law on Public Private Partnerships to be presented in the coming days by President Ortega was prepared in conjunction with private sector representatives, explained the president's economic adviser, Bayardo Arce.

Nicaraguan Businesses Demand More Investment Promotion

September 2013

They request a law that promotes public-private investment and to migrate the energy matrix towards cleaner and cheaper sources.

Both issues were requested by representatives of the Superior Council of Private Enterprise (Cosep) during a meeting with the mission of the International Monetary Fund (IMF).

Draft Law on Public Private Partnerships Presented

January 2012

The Salvadoran Presidential Secretariat has presented a draft Law on Public-Private Partnerships to the Legislative Assembly.

A press release from the President of El Salvador states that:

“The Technical Secretariat of the Presidency presented this week a draft Law on Public-Private Partnerships (PPPs) as a tool to enhance public and private investment, generating growth and economic development in El Salvador.

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