PPP Act implementation

The implementation of the PPP Act in Papua New Guinea marks a significant milestone in the country’s efforts to enhance infrastructure development and public service delivery through collaborative ventures with the private sector. This legislation, along with its related regulations, establishes a clear legal and regulatory framework for public-private partnerships and, through the PPP Guidelines, provides comprehensive guidance for project identification, development, procurement, management, and delivery.

By creating governance structures and entities such as the PPP Centre, the PSG, the PPP Act ensures transparency, accountability, and efficient risk-sharing in PPP projects. It also fosters a conducive environment for private investment, encouraging innovative solutions and capital investment in critical infrastructure projects. The PPP Act’s implementation is poised to drive sustainable economic growth, improve public services, and contribute to the overall socio-economic development of Papua New Guinea.