Anwar unveils Pikas 2030 to strengthen governance in public-private partnerships

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The Star 4h ago

Anwar unveils Pikas 2030 to strengthen governance in public-private partnerships - The Star

Quick Summary:

PUTRAJAYA: Prime Minister Datuk Seri Anwar today unveiled the Public-Private Partnership Master Plan 2030 (PIKAS 2030), aimed at bolstering the governance and management of projects through a public-private partnership framework.

To strengthen governance in PPP project implementation, the government will prioritise competitive bidding via a request for proposal process.

Concession monetisation models such as business trusts and real estate investment trust financing will also be explored as alternative financing options for PPP projects.