Private Sector Participation. 1. Member States recognise the complementarity of trade and investment opportunities, and therefore encourage, among others, cooperation and exchanges among the ASEAN private sectors and between ASEAN and non-ASEAN private sectors, and the consideration of appropriate policies aimed at promoting greater intra-ASEAN and extra-ASEAN investments and other economic activities.
Private Sector Participation. 1. Member States, pursuant to Article 6 of the Framework Agreement on Enhancing ASEAN Economic Cooperation (1992) recognise the importance of and encourage, among others, cooperation, consultations with the ASEAN private sector particularly on ways and means to further enhance intra-ASEAN trade facilitation.
2. The Meeting of the ASEAN Directors-General of Customs shall be the forum for such linkages with the private sector.
Private Sector Participation. 1. Each Party shall endeavour to ensure that regulatory frameworks governing electronic commerce support industry-led development of electronic commerce with a view to promoting bilateral trade between the Parties.
2. Each Party shall encourage the private sector to adopt self-regulation, including through codes of conduct, guidelines and enforcement mechanisms, with a view to supporting electronic commerce.
Private Sector Participation. Through its National Electricity Policy and in keeping with open access and other provisions contained in the Electricity Act, 2003, INDIA created an enabling platform for greater private sector participation in the power sector.. GOMP is cognizant of the need for further private sector participation both to meet the sector’s overall financing requirements and to enhance operational efficiencies. ADB and GOMP have continued policy dialogues since processing the MPPSDP in 2001 and agreed that further private sector participation would be a critical medium-term objective. Through implementation of power sector reform under MPPSDP, GOMP has created enabling environments for private sector participation and public-private partnerships. To date, progress of contribution from the private sector has been slow. GOMP has revised the policies for private sector participation in mini hydel projects (25 MW and less) to make it more attractive for investors. Pilot distribution system franchising schemes have been implemented and some minor maintenance functions have been outsourced. The road map sets out opportunities for private sector involvement including; (i) electricity generation from renewable and non-renewable resources, (ii) transmission network ownership and leasing, (iii) further distribution network franchising and leasing, (iv) bilateral electricity trading and (v) maintenance contracting.
Private Sector Participation. ➢ The critical element in any effort to promote PSP is the potential for competition and this can be provided through direct competition between private sector service providers, between public and private service providers or between bidders in the case of an activity that does not allow competition;
Private Sector Participation. The Borrower shall carry out the study referred to in Part D.5 (ii) of the Project not later than December 31, 1996.
1. For the purposes of this Schedule:
Private Sector Participation. HPTD shall, at least 6 months prior to project completion, explore the possibility of (i) entering into an O&M concession for the Project expressway, and (ii) engaging the private sector in providing village bus services and road maintenance works, and shall report on its findings in the project completion report.
Private Sector Participation. The CONTRACTOR agrees to abide by the private sector participation guidance contained in the FTA's private sector policy of October 22, 1984 and any amendments thereto, and the DEPARTMENT’S State Management Plan to ensure that private for-profit, private non-profit and other public agencies are provided reasonable notice to present their views concerning local plans, program and projects.
a. The CONTRACTOR shall provide information necessary for the DEPARTMENT to make the required assurance to the FTA; and
b. The CONTRACTOR must develop and implement a local private sector participation procedure that includes defined complaint procedures and is consistent with the requirements of the DEPARTMENT’S State Management Plan.
Private Sector Participation. The Government amended Indian Electricity Laws to enable private sector participation in transmission sector. In January 2000, the Government issued detailed guidelines. The guidelines envisage two routes for inviting private sector investment. One route is through joint venture of Central Transmission Utility (CTU) / State Transmission Utility (STU) and private sector. The first joint venture has been established by POWERGRID and Tata Power Company Ltd for 1,200 km of transmission lines associated with the Tala Hydro Electric Power in Bhutan on Build-Own-Operate Transfer basis. The project was successfully commissioned in August 2006. ADB provided a loan1 for the project through its private sector window. Several joint- venture projects are at an advanced stage of selection of investors. The other option is through what is known as an independent private transmission company, and this envisages 100% 1 ADB. 2002. Report and recommendation of the President to the Board of Directors on a Proposed Loan to Tala- Delhi Transmission Limited for the Tala-Delhi Transmission Project in India. Manila private-sector investment. Part of a system strengthening project in the western region is being implemented in this way. POWERGRID plans various joint-venture projects2 between now and 2012.
Private Sector Participation. The Borrower shall ensure that the Cabinet Commission on Investment confirms the revised “Policy Framework and Package of Incentives for Private Sector Participation in Highway and Bridge Projects” by 30 December 2008.
