The Ministry of Finance devoted its latest report on public-private partnership (PPP) to the developments observed in this area and to the main lines of the General Authority’s strategy for public-private partnership (PPP), while noting the absence of data on investment projects planned for the next few years, given the continuation of work on the 2023-2025 development plan, according to the ministry.
In its report, the Ministry acknowledged that the General Authority for Public-Private Partnership had not been provided with sufficient data on the monitoring of the implementation of concessions, despite the publication of a new circular from the Prime Minister on the monitoring of concessions and permits of temporary employment.
The report indicates that the success of public projects in the public-private partnership depends, in general, on the proper study of the project and the preparation of all its components, the progress of its implementation and the availability of financial resources resources, etc. With this in mind, the idea of creating a support fund for public-private partnerships was born, which materialized in accordance with chapter 13 of the 2022 Finance Law.
Incompetence of the public party
The delay in the implementation of most of the projects that have been planned in recent years, according to the report, is due to several factors, the most important of which is the lack of experience of the public entity in the various phases of major projects, which delays in processing files, as in the case of waste treatment projects in Jradou, Sfax and Gabes.
The ministry also drew attention to the difficulty of finding the necessary funding to finance studies relating to partnership projects, which led, for example, to abandon the construction of the two waste treatment projects in Bizerte and Sousse with German funding ( German Development Bank – Kfw), following the expiry of the validity of the donation at the end of 2023.
It has also been noted that the stagnation of the projects is due to the lack of verification of the state of the land of the project site before starting to complete the studies and the lack of experience regarding the studies before the project implementation, which can lead to problems in terms of feasibility of the implementation, in addition to the slowness of the parties involved in carrying out the procedures relating to the tender.
It should be noted that the Tunisian authorities had organized on many occasions, particularly in recent years, forums bringing together officials of international and regional financial institutions, investment banks and investment funds to promote major projects implemented in partnership among the public and private sectors, without success.