Abstract
Albania has made positive steps in improving the legal framework of Public Private Partnerships (PPPs) and the political environment. The laws have encountered several amendments in the last 10 years, but there is still room for improvement. Albania has incorporated the EU directives and the UNCITRAL recommendations into PPPs legislation and we have to admit the effectiveness of the law 125/2013 “On concessions and public private partnership.” This paper aims to present a view of the actual legal and sublegal framework of PPPs in our country and to note the development of this sector in potential benefits for both sectors, private and public.Moreover, judicial quality has improved in Albania even though there is room for further improvement. Moreover, there has been noticed a strengthening of institutional capacity due to co-ordination of consultants and external advisers, but government agencies are at the early stages of developing PPPs. The political environment for PPPs is favourable, especially in the energy and transport sector. Further improvement is required in the transparency and fairness of procedures in practice.
Highlights
Public Private Partnerships (PPPs) are nowadays a very good instrument of the private sector in compliance with the public sector
Many countries are turning to PPPs in order that the private partner helps the public partner in various areas financially
A PPP is a contract made amongst a public authority and a private partner in which the private partner incomes and exercises features same as a public authority and it is paid by this one for the services of works in long term payment
Summary
Public Private Partnerships (PPPs) are nowadays a very good instrument of the private sector in compliance with the public sector. Many countries are turning to PPPs in order that the private partner helps the public partner in various areas financially. A PPP is a contract made amongst a public authority and a private partner in which the private partner incomes and exercises features same as a public authority and it is paid by this one for the services of works in long term payment. Albania is a country where PPPs have known a great development especially after the year 2000. They are more used in the field of infrastructure and water. The legislation is a modern one and has different positive aspects that have regulation in the field of public private partnership, but there is still much to be done to improve transparency and to facilitate procedures
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