Sri Lanka Cabinet Endorses Draft Bill for National Agency to Foster Public-Private Partnerships

Sri Lanka's Cabinet has approved a draft bill to establish a National Agency for Public-Private Partnerships, aiming to create a legal and institutional framework for PPP projects. The bill, drafted by the Legal Draftsman and cleared by the Attorney General, will be published and then presented to Parliament for approval.

Key facts

• The Cabinet of Ministers approved a draft bill for a National Agency for PPPs.
• The bill aims to establish a legal and institutional framework for PPP projects.
• The draft bill has been prepared by the Legal Draftsman and reviewed by the Attorney General.
• The bill will be published in the Government Gazette before being presented to Parliament.
• President Anura Kumara Dissanayake proposed the bill as Minister of Finance, Planning, and Economic Development.

Sources

• The Morning