Fiji PPP Policy 2019
In 2019 Fiji introduced a new Public Private Partnership Policy.
In 2019 Fiji introduced a new Public Private Partnership Policy.
Article by Ropate Lomavata Green, Senior Legal Officer, Ministry of Public Finances & Public Sector Reform.
The purpose of this paper is to highlight some of the salient features of the Public-Private Partnership (PPP) Policies, which are embodied in the Public-Private Partnership Act of 2006.
The Act provides legal basis for requirements on level or kind of local content in the future PPP implementation regulations.
Related Information:
Tracking Reference:
PUBLIC PRIVATE PARTNERSHIPS ACT 2006
ARRANGEMENT OF SECTIONS
Part 1: PRELIMINARY
1. Short title and commencement
2. Interpretation
3. Act binds Government
4. Purposes
Part 2: AUTHORISATION AND IMPLEMENTATION REGULATIONS
5. Authorisation Regulations
6. Public process
7. Initial consultation requirements
8. Implementation Regulations
9. Content of Implementation Regulations
10. Harmonisation obligations
11. Public charges for PPP goods and services
The Fijian economy has not been achieving its potential. Private sector investment, the driving force behind economic growth, has fallen to one of its lowest levels since the country’s independence. The government has implemented a number of substantive and progressive changes to improve the investment climate since 2006 and recognizes that more needs to be done.
State-owned enterprises (SOEs) place a significant and unsustainable strain on the economies of Fiji, Samoa, and Tonga. They absorb large amounts of scarce capital on which they provide very low returns. This study reveals the core levers of SOE reform and the rapid progress that can be made in implementing them where the political will to do so exists. While the study focuses on three countries that are heavily involved in SOE reform and have broadly similar SOE portfolios and legislative frameworks, the core lessons from their experience are applicable throughout the Pacific region.
The PPP Act has been substituted with a PPP policy framework and a Public-Private Partnership (PPP) Implementation Guideline, designed to support the implementation of the PPP Policy 2019.
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