Public-Private partnerships

General category
External Instruments

In Trinidad and Tobago there is no legal framework for public and private partnerships (PPP) nevertheless it exists The National PPP Policy and the ppp unit within the Ministry of Finance and Economy which promotes these types of projects in the country. 
In The National PPP Policy is clarified that “The Government agency may be a Ministry, a State Enterprise, a Statutory Body, or any other Government contracting authority” 

The Tobago House of Assembly has been able to implement ppp projects due to the creation of the subnational unit operating in the local government.  However in 2019 it was ruled that the THA needs the approval of  the Ministry of Finance to reach such agreements.  
 

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Country
Trinidad and Tobago
Action Area
Action area 4: Urban economy and municipal finances

Instrument Types:

  • External resource
    Medium y long term financing
    Non permanent income
Legal framework
The National PPP Policy - Trinidad and Tobago
Access / Authorization
Source of resources
Distribution
Limits
Destination
Related Authorities / Institutions
The ministry of Finance and Economy
The Tobago House Assembly
PPP Unit