Current legal framework

95. Law No. 67 of 2010 regulating Partnership with the Private Sector in Infrastructure Projects, Services and Public Utilities is the basis of the PPP legal framework. This PPP Law is a comprehensive and reasonably workable legal framework for PPPs, but the same cannot be said for the granting of concessions in general; these can still be undertaken under numerous pieces of older legislation. The PPP Law only applies to projects procured on a PPP basis with a minimum investment value of EGP 100 million (slightly above €12 million). There are no legal restrictions on the sectors eligible for PPP: projects can be concluded in commercial sectors, such as energy, transport, water, and oil and gas, and for non-commercial government services such as schools, hospitals and housing. If any of the criteria for dealing with a project under the PPP Law are not met, the relevant sector-specific law applies. Although the 2010 law provides sound legal investment protection provisions and asserts the government's firm commitment to moving forward with its PPP agenda, it appears to have not yet obtained many results and several regulatory loopholes remain. The law may overlap with other procurement or sector-specific laws (e.g. the Tenders and Bids Law of 1998), and several public authorities other than the ones it identifies may request oversight on projects or procure under different regimes. The legislative framework for PPPs therefore remains to be streamlined.