/ / News

Public private partnership law in Belarus in 2015

GRODNO (BelTA) – Plans have been made to adopt the law on public private partnership in Belarus in 2015. The preparation of the bill was discussed at the session of the Economic Policy Commission of the House of Representatives of the National Assembly of Belarus in Grodno on 12 June. The session involved experts, representatives of business unions, the Economy Ministry, and municipal authorities, BelTA has learned.

Vigorous work on the bill is in progress. The bill has been agreed with all the interested parties and is supposed to be forwarded to the Council of Ministers after it is discussed in the regions.

According to Viktor Valyushitsky, Chairman of the Economic Policy Commission, the bill is supposed to be forwarded to the House of Representatives of the National Assembly and adopted in 2015. Active debates about what public private partnership should be in Belarus are underway. Apart from the legal act the enabling of social and economic conditions to implement the law is important.

According to Yelena Dadernina, head of the EU/UNDP project for enhancing the national potential for applying public private partnership mechanisms in the Republic of Belarus, a congress took place in Minsk in late May. During the congress experts, including foreign ones, evaluated the legislation and spoke their views. Their comments will be taken into account while the bill will be polished taking into account opinions of the Economic Commission for Europe.

Public private partnership principles in Belarus were discussed at the Grodno session with MPs, representatives of government agencies, science, business unions, and experts. The parliamentarians visited private enterprises in Smorgon and Lida. Similar out sessions will be held in other oblasts, too. The bill will be polished, including taking into account the collected remarks.

Two institutional bodies were created in Belarus in May to take care of the coordinating role, the informing role, and the educating role in addition to promoting public private partnership. A center for public private partnership under the Economy Research Institute of the Belarusian Economy Ministry was opened. The center will become a permanent platform for organizing public private partnership processes and coordinating the cooperation of representatives of ministries, government agencies, private business, banking and financial sectors, the scientific and academic communities for the sake of implementing infrastructure projects on the basis of public private partnership. In line with the executive order issued by the Belarus government an interagency infrastructure council was instituted. The council will contribute to the coordination of the development of infrastructure objects, which are owned by the Republic of Belarus and its political units and/or have been built in compliance with long-term public private partnership agreements.

Viktor Valyushitsky underlined that the main purpose of the bill on public private partnership is to enable additional conditions for attracting investments to Belarus.