Government Prepares ‘Sunset Law’ to Fast-Track Development Projects
Summary
The government has drafted a 'Sunset Law' to expedite infrastructure projects by addressing legal and procedural delays, including amendments in several acts to facilitate timely execution and simplify procurement.
Key Points
- The government has prepared a draft 'Sunset Law' to fast-track infrastructure development projects by addressing legal and procedural delays.
- The draft proposes simplifying procedures related to environmental assessments, forest land use, and procurement to accelerate project execution.
- A steering committee chaired by the Prime Minister would have decision-making power if agencies delay beyond three months on key approvals.
- Royalties on construction materials used within the same project would be exempted, aiming to promote the rule of law while removing impractical hurdles.