Sri Lanka, Oct. 21 -- The Cabinet of Ministers has approved the publication of a draft bill to establish a National Agency for Public-Private Partnerships (PPPs) in Sri Lanka.

The proposed legislation seeks to introduce the legal and institutional framework required to promote, support and facilitate public-private partnership projects in the country.

Prepared by the Legal Draftsman, the bill has received clearance from the Attorney General.

The draft legislation will be published in the Government Gazette before being submitted to Parliament for approval. The proposal was put forward by President Anura Kumara Dissanayake in his capacity as Minister of Finance, Planning and Economic Development.

Published by HT Digital Content Service...