Nicaragua: presents new law on PPPs and 5-year investment plan
The Government of Nicaragua has presented a new law on Public-Private Partnerships (PPPs) and an investment plan for the next five years. The law on PPPs, together with the regulations that should be approved in the near future, is expected to provide a clear regulatory framework favouring private investment in sectors that the Government considers to have top priority. The projects envisaged in the 5-year investment plan cover practically all of the Country’s economic sectors (including agriculture, livestock breeding, training, industry, tourism, but especially infrastructure and transport: broadband connection, roads, ports, railroads, airport and bus terminals), for a total of more than 5 billion US dollars. Of these projects, 13 are already financed (through domestic investments or through international cooperation programmes and IDEs) while 20 are considered to be of future national interest and are therefore being proposed to the international community.