GETTING INTO A PUBLIC PRIVATE PARTNERSHIP AGREEMENT WITHOUT A PPA ACT: IS IT PLYING UNCHARTED TERRITORY?

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Getting into public private partnership agreements is now becoming a norm, but there is yet to be a Public Private Partnership Law that will make provisions for safeguarding the sovereign national wealth of The Gambia.

Under an investment agreement with Gambia Ports Authority, the Turkish Albayrak Group is to invest over €20 million in upgrading the Banjul port while constructing the $1-billion new Sanyang deep seaport to be completed within six years. The agreement also makes provision for a thirty-year operation plan.

Foroyaa will research on the plan and inform the public on the matter.