2.6  The most important success factors of public-private partnership

The PPP is an advanced model for executing works or providing services to the society in innovative ways, however, this concept is still new in the State in particular and the Arab region in general. Global experience has shown that the success of PPP is based on the following key factors:

•  A modern legislative and regulatory framework for the partnership, which provides clarity in the procedures and the relationship between the public and private sectors.

•  A central Technical Bureau that includes cadres concerned with partnership with the private sector and have necessary expertise in the areas of financing, negotiation, contracting and mega projects management.

•  Ensuring the right of Federal Entities involved in the project to effectively communicate with the Technical Bureau to avoid any surprises, obstacles or objections in the later stages.

•  Securing a high degree of transparency and governance since the participation costs in partnership tenders, in which the project company shall secure finance, project design and other activities, outweigh the participation costs in traditional outsourcing tenders in which the supplier's activity is limited to price the materials / equipment and the workforce.

• Adding provisions, conditions and clear and inclusive performance measurement standards to partnership contracts to ensure total equality between the service beneficiaries and the public interest, taking into consideration the rights of investors and ensuring the government's ability to monitor the partner's performance and its commitment to the regulatory legislations to the service provision and terms of partnership contract.

•  Not granting preferential rights and conditions to any category of the beneficiaries of the service provided by the private partner unless a prior approval of the Competent Authority is obtained and in accordance with the rules and controls pre-agreed between the government and the private partner.