SL-India Forum Boosts PPP Momentum: 67 Projects Identified 🤝

• A high-level forum between the Indian High Commission and the Ceylon Chamber of Commerce (CCC) highlighted the crucial role of Public-Private Partnerships (PPPs) to bridge Sri Lanka's investment gaps. • CCC Vice Chairman stated it's timely for SL to seriously relook at PPP opportunities, noting that global capital is gradually flowing back into emerging markets due to stabilised reserves and expected declining global interest rates. • India's High Commissioner offered support, stressing that India and SL could jointly pioneer modern PPP frameworks, using India's two-decade PPP success as a template for the Global South. • The National Agency for PPP (NAPPP) CEO disclosed that 67 projects have already been identified as potential PPPs across key sectors like transport, water, and energy. • The Government is finalising long-awaited PPP legislation, supported by the Public Finance Management Act No. 44 of 2024, to introduce a transparent and efficient investment mechanism for sectors including ports, aviation, energy, and education. • Strong institutional capacity, coordination, trust, and accountability are emphasised as fundamental to ensuring the long-term success of these collaborations.