PPP Central Unit Director
The GoE has taken the initiative to introduce a Public Private Partnership (PPP) policy and program through the establishment of the PPP Central Unit within the Ministry of Finance.
As the public face of PPP in Egypt, the PPP Central Unit acts as the PPP center for support and expertise, identifies pilot projects together with responsible Line Ministries, sets national guidelines for implementation, standardizes PPP contracts, provides technical/advisory support to infrastructure Line Ministries and monitors the implementation of PPP projects.
PPP is a long-term contractual relationship between the public sector and the private sector, law no. 67 – 2010 For Partnerships With The Private Sector In Infrastructure Projects & Public Utilities states the tendering procedures and main clauses of the contract between the Government & private sector , the fundamental aspects of Egypt’s PPP policy framework are the use of performance-based for Public Utilities contracts under which the private sector participate in project implementation through its participation in one or aspects of the project’s development and implementation, including such project phases as project design, finance, build, operate, manage and/or maintain, Provided that the public sector repay for those services after start of operation.
Under the PPP Contract , The Government retains strategic control on the service , secures new infrastructure projects which generally reverts back to the Public Sector at the end of the Contract Duration , and allocates project and performance risks to the party(ies) best able to manage or mitigate these risks .
The PPP Central Unit dealing with best experienced firms for Structuring of Projects , Technical &Financial Studies and drafting of contracts and tendering documents to start from a point where others ends.