This chapter provides the instructions and guidelines relating to the project study and design phase in accordance with the international best practices. Like any other project, investment decision taking shall be supported by an in-depth and thorough study of the project.
As previously mentioned, the Project Committee shall, in cooperation with the work team and the concerned Federal Entity, prepare an initial study of the joint project. This study shall cover the technical, economic, legal and financing aspects, including the investors' interest and the ability to attract the necessary financing. The Project Committee shall submit to the Financial and Economic Committee through the Ministry a report stating its recommendation regarding the project.