Laying the Foundation Stone: Lithuania's new Concessions Laws and its lessons for PPPs in Central and Eastern Europe and the CIS
Article from: OGEL 1 (2005), in Roundup of Articles
Introduction
Public-private partnership projects ("PPPs") can sometimes be made to work in isolation in countries attempting this form of infrastructure development for the first time. It may be possible for contractual and structural solutions to be found to deficiencies in the wider legal framework, and, with imagination and patience, problem areas to be thought through and overcome. In addition, successful lobbying in the corridors of government may also obtain one-off benefits or exemptions for individual projects, which may not be available at a more general level. Yet an ad hoc ...