Title: PPP Laws/Concessions Laws - Maldives

Language: English, Others

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.

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Updated: February 16, 2022