Public private partnership: ready for lift off in Oman

A framework for carrying out Public private partnership deals in Oman was promulgated through Royal Decree 52 of 2019, the law on partnerships between the public and private sectors (“PPP law”). The PPP law came into force on 1 July 2019 and is still in the initial stages of practical application. It should also be read together with the Executive Regulations of the law on partnerships between the public and private sectors, which came into force on 22 April 2020 (“Regulations”). The PPP law enables Government bodies to enter into arrangements with the private sector in relation to infrastructure and public utility projects. The law applies only to those projects that have an economic or social importance in line with the Sultanate’s strategy.

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