Overview
While infrastructure development has always been an imperative requirement for economic posterity, the recognition of infrastructural value as such has witnessed a more gradual evolution. In this regard, the role of a robust Public - Private Partnership framework in facilitating infrastructure development is a matter of utmost importance, requiring expert consideration and valuable input from all relevant stakeholders. It is universally accepted that a sound legal framework is the essential foundation for any meaningful infrastructure development. This article provides a high-level examination of the role of PPPs, the existing legal framework, and the key provisions introduced by the new Guidelines.
