Sri Lanka, Sept. 29 -- The Ceylon Chamber commends the Government's effort to introduce a legislative framework for PPPs through the Draft Public-Private Partnership (PPP) Bill, which is a requisite precursor to enhancing Sri Lanka's ability to attract private investment in infrastructure and service delivery. Amidst a tight fiscal environment for the Government, we believe PPPs will be conducive for driving projects that will enhance growth, create jobs and bring in private capital.
The Ceylon Chamber notes several positive aspects of the Bill, including the mandated value-for-money and feasibility assessments, enhanced transparency through stakeholder consultation and public disclosure, clear risk allocation to the private sector, and th...