Bahrain: PPP Guide Approved

Bahrain: PPP Guide Approved News developments

Bahrain: PPP Guide Approved

Bahrain’s Crown Prince and Prime Minister has issued Bahrain Edict No. 30/2022 promulgating a guide regulating public–private partnerships.

The Minister of Finance and National Economy will be responsible for issuing the edicts, instructions and guidelines necessary to implement the Edict.

This includes the technical and financial provisions and procedures to be taken into account by the administrative authorities while designing partnership projects or implementing them through partnerships.

The Ministry of Finance and National Economy will also be responsible for verifying the compliance with the provisions of the guide accompanying the Edict and the edicts, instructions and guidelines issued subsequently in line with it.

The Minister of Finance and National Economy and other relevant Ministers will be responsible for implementing the Edict.

It will be published in the Official Gazette and come into force on its published date in the Gazette.

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Benjamin Filaferro