Title: PPP Laws/Concessions Laws - Maldives
Type: Website
Nature: Laws and Regulations
Published: November 30, 2021
Region: South Asia
Country: Maldives
Topic: Legal Framework
Keywords: Country Profile, South Asia (SA), Concession, PPP Regulation, PPP Law, PPP Project Cycle
Document Link(s):
Document Summary:
Website of the Ministry of Economic Development, Maldives
Document Details:
Maldives introduced a Special Economic Zones Law in September 2014, with the main objective of soliciting private capital to undertake large-scale investment projects of economic significance to the country.
Under the Public Finance Act, the Government issued the Unsolicited Proposals Policy (USP Policy). The Unsolicited Proposals Policy (USP Policy), sets out the procedures under which private sector parties can propose projects that align with the government's strategic development goals. The policy came into effect on 28 January 2019.
Updated: February 16, 2022
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