Sierra Leone has had private investments in her public infrastructure over the last 20 years, with some of the projects operational today. Most of these projects were however implemented without reference to any specific law and process. Some of the laws used then include the Privatization Act 2015, Public Procurement and Disposal Act 2005 and the Companies Act.
The process to harmonize the approach to private investment in the public infrastructure commenced with publication of the PPP Regulations under the Public Procurement and Disposal Act (PPDA 2005) in 2009.
The government then adopted the PPP Policy in 2014, to articulate its commitment to PPPs as a priority mechanism to address infrastructure budget shortfalls as well as to provide a basis for enactment of a primary law for delivery of PPPs.
2014 was a major watershed moment for Sierra Leone as the year when the PPP Act was enacted. Predictably the existence of a clear and predictable legal basis to enter into PPP Agreements has catalyzed the ambitious Project Pipeline identified and currently under development.
The PPP Regulations were published in 2014 and provide detailed guidelines to the PPP Act for smooth implementation of the Act.