When planning and developing public-private partnership (PPP) infrastructure projects, the existing legal, regulatory and social environment of the country must be considered:
- A project agreement, no matter how well drafted, may be unenforceable and/ or irrelevant if it is inconsistent with the country's laws and regulations.
- The existing laws/ regulations may prohibit or impede the proposed project and so the project may need to be adapted to fit within them.
- It may be appropriate to embark on more fundamental reforms of the institutions in the country such as reform of the judiciary/ establishment of a regulatory regime.
Click below to find information on key issues regarding existing laws and the legal environment for PPP and sector reform projects, due diligence checklists and examples of legislation and different forms of regulation.