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Reflections on public–private partnerships in Egypt: practical and legal challenges

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This article addresses an increasingly important topic in the field of law and finance, namely public–private partnerships (PPPs). The article examines the practical and legal challenges facing PPPs within the Egyptian market and scrupulously analyses such challenges in light of the current prevailing global trends and standards of project financing. Amongst the challenges scrutinised are: procedural issues, project permits, regulatory framework, bankability and risk allocation, availability payments and termination compensation, direct agreements, and applicable law and dispute resolution. The article provides a lucid and cogent understanding of the PPP market in Egypt, from both legal and practical perspectives, in light of the contemporary investment climate.

Document Type: Research Article

Publication date: May 1, 2009

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  • Law and Financial Markets Review is a new, independent, English language journal devoted to providing high quality information, comment and analysis for lawyers specialising in banking and financial market issues and to others with interests in legal and regulatory developments affecting the financial markets. Published bi-monthly LFMR contains articles written by leading experts providing a forum for practical guidance on, as well as reflective and topical analysis of, all major jurisdictions, with a particular focus on the interaction between the law and market practice and behaviour.
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