Concessions and the other forms of PPPs by Dr Lorenc Gordani, 11th March 2017
Concessions and the other forms of PPPs by Dr Lorenc Gordani, 11th March 2017 In Albania, the concession concept is to an extent more developed than public-private partnerships, given that it has been earlier regulated by the legislation, whilst the PPP concept has only recently been introduced in the Albanian legislation. For this reason, concession contracts have a more consolidated background and have been used more often by the public administration. Instead, based also on business practices, during recent years, a broader concept of public private partnership has been used. There is no universally recognized definition of public-private partnerships and governments across the world describe them in varying ways. A useful contribution to the discussion in Albania may be the World Bank definition, which reflects some commonly understood aspects, and…