Public–Private Partnership Authority (Pakistan)

Public-Private Partnership Authority
پبلک پرائیویٹ پارٹنرشپ اتھارٹی
AbbreviationP3A
PredecessorInfrastructure Project Development Facility
Formation2017; 7 years ago (2017)
TypeGovernmental
HeadquartersIslamabad, Pakistan
Coordinates33°44′00″N 73°05′19″E / 33.73326642353709°N 73.08847516083353°E / 33.73326642353709; 73.08847516083353
Region
Pakistan
Official language
English & Urdu
Chairperson
Ahsan Iqbal[1]
Websitewww.p3a.gov.pk

The Public-Private Partnership Authority (P3A) is an organization established by the Government of Pakistan to leverage the expertise of the private sector to supplement the public sector service delivery.[2] It was formed in 2017 after the approval of the Public-Private Partnership Authority Act, 2017,[3][4] replacing the Infrastructure Project Development Facility (IPDF), which was a public limited company under the Ministry of Finance.[2][5]

The authority is responsible for creating a regulatory framework to attract the private sector to invest in various projects. Similarly, Public Private Partnership Acts have been made in all the four provinces of Pakistan.[6][2]

References

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  1. ^ "P3A Board".
  2. ^ a b c Ahmadani, Ahmad (20 July 2020). "Govt set to introduce Public-Private Partnership Ordinance 2020". Profit by Pakistan Today. Retrieved 29 December 2022.
  3. ^ "The Public-Private Partnership Act, 2016, Pakistan". World Bank. 9 May 2016. Retrieved 28 December 2022.
  4. ^ "[To be introduced in the National Assembly]" (PDF). National Assembly of Pakistan. 9 May 2016. Retrieved 29 December 2022.
  5. ^ Mahmood, Faran (12 February 2017). "Pakistan Development Fund: Billions in hand, none in the works". The Express Tribune. Retrieved 28 December 2022.
  6. ^ Kiani, Khaleeq (17 February 2022). "Senate panel clears Public-Private Partnership Authority Act". Dawn. Retrieved 28 December 2022.
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