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Parliament approves law on partnership with the private sector. The law regulates the legal relationship between the public and the private sector in infrastructure projects with a minimum value of EGP 100 million and a duration of up to 30 years. The law prohibits attachment and execution on the assets and property of the partnership projects. The administrative body will be entitled to manage the project in the event of a breach of the private sector obligations. Projects allowed are development projects, public utilities and maintenance and the necessary services and facilities necessary for the validity of the project.The law will be the only legislation regulating the specific PPP projects covered under the law (excluding energy projects), replacing the tenders and auctions law.
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