P&D Sets Up Public Private-Partnership Unit

A Public Private Partnership (PPP) Unit has been established in the Planning and Development Department to gear up the PPP Process in Punjab which is now operational and monetary allocation for Project Development Facility (PDF) has also been provided in current ADP to finance feasiblity studies and project preparation phases.

According to a press release issued on Monday, the Risk Management Unit is also being established in Finance Departmnt to oversee and assess the risks involved in PPP transactions.

It is also to be noted here that the Punjab Assembly passed the Public Private Partnership for infrasturcture Act 2010 on July 12, 2010.

THE NATION | LAHORE | Tue, Aug 31, 2010 |