Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Balochistan Public Private Partnership Act, 2021 (Act No. XXV of 2021).

Country/Territory
Pakistan
Territorial subdivision
Balochistan
Document type
Legislation
Date
2021
Source
FAO, FAOLEX
Long title
An Act to create an enabling environment for private sector participation in the provision of infrastructure projects and delivery of related services in Balochistan through public private partnership projects.
Subject
Environment gen., Land & soil, General
Keyword
Public private partnership (PPP) Legal proceedings/administrative proceedings Authorization/permit Business/industry/corporations Financing Fiscal and market measures Governance Procedural matters Special fund EIA Risk assessment/management Contract/agreement Land-use planning Lease Ownership
Geographical area
Asia, Asia and the Pacific, Indian Ocean, South Asian Seas, Southern Asia
Abstract

The Act provides on the establishment of the Public Private Partnership (PPP) Board and institutional arrangement that shall be constituted to promote, approve and supervise PPP projects in the Province. The Act further elaborates on the functions of the PPP Board and establishment of the PPP Unit and Authority and allocation of PPP Authority fund. The PPP Authority is responsible for initiating, developing, and executing PPP Agreements with concessionaires, following a structured process that involves project identification, prioritization based on value for money, technical, financial, and socio-economic viability over the expected duration of the project, environmental impact assessment analysis, risk assessment and approval by the Executive Committee or PPP Board. PPP Agreements shall include among others environmental and safety requirements. The Government may provide support for PPP projects through administrative assistance in obtaining necessary licenses and clearances, facilitating utility connections, land acquisition, rehabilitation efforts, and leasing or licensing of government-owned assets. Additionally, in certain cases, the Government may offer equity in the form of land or infrastructure facilities, evaluated based on market value or projected future cash flows, subject to approval by the PPP Board as outlined in the PPP Rules.

Full text
English