In anticipation of CEDRE, the Lebanese government in August 2017 passed long-awaited legislation regulating Public-Private Partnership (PPP Law No. 48). With the aim of attracting foreign investment, the law moves Lebanon a step closer to international PPP benchmarks, such as greater transparency, accountability and competitiveness on procurement processes. In this framework, this briefing paper examines the PPP Law while highlighting the role of local authorities in strengthening local economic development amidst the financial and administrative constraints.
Find out more about Lebanon’s progress on Public-Private Partnership and the steps forward for municipalities to benefit from the public-private projects.