Gov’t Sets New Guidelines for Selecting Public-Private Partnership Projects

• 1 December 2022
• Local News
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The Cambodian government has set out a number of key principles for identifying and selecting public-private partnership projects. 

According to the workshop on “Joint Operations Management Procedures for Public-Private Partnership Projects” on 28 November, the guidelines will help identifying priority projects through a standard approach. 

Mr. Chhim Sochrasmey, Director of the Project Development Department of the Ministry of Economy and Finance, said the criteria for determining and selecting the type of public-private partnership project is divided into 2 stages. 

Stage 1: 

– The project must be in line with the priority strategy of the Royal Government, especially the infrastructure project. 

– Minimum and/or less complicated procurement projects. 

– Projects supported by stakeholders based on public consultation. 

– Commitment to implementing the project must be submitted to the Ministry of Economy and Finance. 

– Projects must not involve land grabbing, displacement, social and environmental issues. 

-Projects should have been previously procured using both national and international private-sector financing.  

-Public-private partnership projects proposed by the private sector do not require government financing in the form of guarantees, subsidies, grants, or other types of financial assistance. 

Stage 2: 

– Projects with market demand. 

– Projects with a stable payment/revenue collection mechanism.  

– Projects with social and economic value. 

– Appropriate principles for project risk management. 

– Manageable asset project. 

– Project that can be implemented under relevant laws and regulations. 

In the second phase, these six criteria are taken to another level and given different points according to the type of project by the Ministry of Economy and Finance. 

The method of identifying and selecting public-private partnership projects is detailed in Annexure to Sub-Decree No. 174 dated 31 August 2022. 

• Laws and Regulation