Recently, the Minister of National Development Planning revoked the longstanding Minister of National Development Planning Regulation Number 4 of 2015 on the Mechanism for the Implementation of PPP Scheme for Infrastructure Procurement, as amended by Minister of National Development Planning Regulation Number 2 of 2020. This change stems from the issuance of Minister of National Development Planning Regulation Number 7 of 2023 on the Mechanism for the Implementation of PPP Scheme.
Notable changes include: (i) an amendment to the scope of infrastructure that could be procured through PPP; (ii) simplification of PPP stages; (iii) introduction of requirements for the conversion of PPP initiatives; (iv) simplification of the institutional aspect of PPP; and (v) the introduction of a small-scale PPP scheme. Find out more about our insights on this topic in our Legal Brief publication.