Infrastructure Development Committee Seeks Solutions for PPP Model Challenges
Summary
The Infrastructure Development Committee has asked the private sector and the Investment Board to submit written suggestions within 15 days to fix problems in Nepal’s public-private partnership model. The committee is seeking reforms to simplify investment procedures, reduce administrative hurdles, and improve project implementation in infrastructure, hydropower, and waste management.
Key Points
- The Infrastructure Development Committee asked private sector bodies to submit written suggestions within 15 days on challenges in Nepal’s PPP model.
- The committee wants opinions on simplifying procedures, reducing administrative hassles, attracting investment, and easing profit and reinvestment repatriation.
- It also directed the Investment Board to report on PPP-linked hydropower and waste management projects and the problems affecting them.
- The Investment Board must suggest legal reforms and clarify whether its future role should focus on facilitation, coordination, or permitting.
