White paper on PPP on the cards

KATHMANDU, Dec 7: National Planning Commission (NPC) is about to finalize the national white paper on Public Private Partnership (PPP), offering incentives to private sector, including facilitation on lending in PPP projects from financial institutions (FIs).

NPC - the apex policy making body of the government - said Monday the whitepaper will envisage setting up a PPC center at national level and PPP cell at concerned ministries and issuance of guidelines to FIs to extend loans conveniently.

The commission is currently bys formulating the whitepaper with financial support of United Nations Development Program (UNDP).

In an effort to utilize the capital and professionalism of private sector to ensure sustainability of development projects, the government had constituted a taskforce led by NPC Member Pushkar Bajracharya to formulate the whitepaper some eight months back.

An interaction with concerned stakeholders was organized in the capital Monday to as a part of giving final shape to the draft of the whitepaper. Experts and business people commented on the draft, according to NPC.


Published on 2010-12-07 02:45:53
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