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  • Public-Private Partnerships (PPP) scheme for Public Investment in Panama
Article:

Public-Private Partnerships (PPP) scheme for Public Investment in Panama

10 December 2019

The Government of Panama recently approved Law 93 of 2019, "Which creates the Public-Private Partnership Regime for development as an incentive for private investment, social development and job creation".

With this law, the Republic of Panama catches up with other countries in the region by having a first-level legal framework that orders and formalizes the formula for the private sector to invest, with the prospect of reasonable profitability, in public initiative projects, expanding the State's options to meet social needs.