The High Council for Privatization and PPP (HCP) was established by Law 228 in 2000 as the authority in charge of planning and implementing privatization programs and was mandated as Lebanon’s PPP unit by Law 48 (EN – AR) in 2017.
The HCP is a ministerial committee chaired by the Prime Minister and composed of four permanent members: the Minister of Justice, the Minister of Finance, the Minister of Economy and Trade, and the Minister of Labor. On a project by project basis, the Minister responsible for the sector under discussion joins the Council on an ad-hoc basis and becomes a member.
The recently enacted PPP Law 48 (EN – AR) aims at reforming the PPP tendering process to enhance its transparency and professionalism. As such, it is expected to be instrumental to the success and sustainability of PPP projects, a cornerstone of the development of Lebanon’s crumbling infrastructure, job creation and the growth of the Lebanese economy.