Salvadoran Congress has passed a law that will allow public institutions to form partnerships with private companies for infrastructure and public services projects.
From a press release issued by the Legislative Assembly of El Salvador:
In order to establish the regulatory framework for the development of projects for the provision of infrastructure and public services of general interest effectively and efficiently, the Legislative Assembly in Plenary approved with 84 votes in favor, the "Special Law on Public Private Partnerships"(PPP).
Salvadoran Congress has stipulated that the minimum investment amount for a private public partnership should be 10 million dollars.
From a press release of the Legislative Assembly of El Salvador:
The Special Committee on Finance and Budget, began review on Monday of the Bill on Public-Private Partnerships (PPP), which is to establish the regulatory framework for the development of projects for the provision of infrastructure and public services of general interest, in an effective and efficient format.
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