A proposal has been made to reduce the number of times a public-private partnership project would pass through the filter of the Legislative Assembly.
Among the reforms to the Law on Public-Private Partnerships that the Council for Growth has suggested to Congress is a reduction, from three to one, of the number of times a Public- Private Partnership (PPP) project should go through the filter of parliamentary approval.
It should also hasten to adopt new laws to fight crime and reform the Special Act on Public Private Partnerships.
These were some of the recommendations made by José W. Fernandez, Assistant Secretary of State for Economic, Energy and Business from the U.S.
During his visit to the Central American nation, officials met with entrepreneurs who are part of the National Council for Growth who said he came "to see how we can help ...
Businessmen want to expedite the process of approval by the Legislature, in which Proesa is the governing body, and which may include water and sanitation projects.
Members of the Council for Growth are seeking Congressional support in order to make three amendments to the Special Act on Public-Private Partnerships.
Carlos Guerrero, private sector representative on the Board and president of the Salvadoran Chamber of Construction (Casalco) explained that the reforms revolve around three themes. "One is to expedite the approval process of a partnership in the legislature. Currently, a project has to gain approval of the Assembly many times," noted an article in Elmundo.com.sv.
Some of the main businesses from El Salvador will be advocating for the realization of Fomilenio II and for a deepening of the Association for Growth pact signed between the two countries two years ago.
From a press release by the Presidency of El Salvador:
A delegation from the National Council for Growth will make an official visit to Washington DC from 24 to 26 June, where meetings will be held with senior government officials and the Congress of the United States, under the framework of the first 18 months of the Partnership for Growth.
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