Global PPP Community Forum: What is market sounding, and how does it facilitate a successful #PPP project implementation?

Waste PPPs are gaining traction in developing countries, and the recent implementation of a waste PPP in the Maldives illustrates how far a country can come in its relationship with rubbish. Since the 2008 election, the country has been in the midst of a rapid social, political, and economic transformation. Officials and administrators aim to combat the developmental challenges of climate change, poverty reduction, private sector development, and economic restructuring, so urban infrastructure tops the priority list.

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.

Find country-level PPP profile and links to key data and resources.  Find more in our Country Profile section.

A PPP unit has been established under the Enterprise Development Unit (EDU) within The Ministry of Economic Development (MED). 

Invest Maldives is the lead government agency for promoting and facilitating inward investments into the Maldives.

Your feedback is welcome. If you would like to comment on the content of this section of the website or if you have suggestions for links or materials that could be included please contact us at ppp@worldbank.org

Solar power is the conversion of sunlight into electricity through the use of solar cells, i.e., photovoltaic cells, or the use of concentrated solar power(CSP).