LOGO

A hope for implementing public projects in Romania

After years of expectations and controversies, on 25 November 2016, a new Law no. 233/2016 regarding public-private partnerships (“PPP Law”) was published in the Romanian Official Gazette. It will enter into force on 25 December 2016.

It is well known that the old law regulating public-private partnerships (Law. no. 178/2010) has not generated the effects expected by public authorities, as well as by the business environment. No public project initiated under this law has actually been achieved, mainly due to the regulation’s deficiencies.

Once the new legislative package on public procurement entered into force on 26 May 2016, it was widely suggested that a specific PPP law was unnecessary because public projects can be implemented under concession law provisions.

More details here : http://www.sn-seap.ro/romania-the-new-ppp-law/