Tuesday, October 3, 2017

National Agency for Public Private Partnership

                                                  Thilan Wijesinghe – Chairman of the NAPPP
Former BOI Chairman Thilan Wijesinghe to head the new body: Wide range of legal, financial and administrative authority: A high-powered ‘National Agency for Public Private Partnership’ was appointed to fast-track Sri Lanka’s economic development agenda.
The Cabinet granted approval to appoint former BOI Chairman and business professional Thilan Wijesinghe as the head of the new agency. The Cabinet paper with regard to the establishment of the new agency was jointly submitted by Finance and Media Minister Mangala Samaraweera and Development Strategies and International Trade Minister Malik Samarawickrema.
The NAPPP (National Agency for Public Private Partnership) will be undertaking the ongoing and potential PPP Project Pipeline that includes:
  •              Transport Sector Projects – Inland Water Transport, highway projects & inland airline system.
  •        Ports – Trinco economic corridor & East terminal through ADB Funding.
  •      Power & Energy projects – LNG Kerawalpitiya, 100Mw Solar Project & Waste to energy project.
  •       Petroleum Sector – Sapugaskanda & Hambantota refinery.
  •       Water – Welivita & Jaffna desalination.
  •       SEZ/Industrial Zone – Hambantota SEZ & Horana industrial zonand – New buildings to be constructed on PPP basis.
  •     Healthcare – 24 Projects related to import substitutions for healthcare.
  •     Education – Berkley University project
  •    Mineral Sector – Graphite & Phosphate extraction
  •      Millenium Challenge Corporation Project

It will also have additional powers to identify suitable projects based on feasibility studies and maintain a ‘project pipeline’ in consultation with government ministries. The board of directors of the new agency will consist of eight professionals with vast experience in the public and private sectors namely:
                      1.       Mr. Thilan Wijesinghe, Chairman of the Board
                      2.       Mr S. R. Attygalle, Deputry Secretary to the Treasury
                      3.       Dr. Sarath Rajapathirane, Economic advisor to H.E. the President
                      4.       Mr. Mangala Yapa, Director of BOI
                      5.       Mr. Mano Tittawella, Senior advisor to the Finance Minister
                      6.       Mr. Deshal de Mel, Advisor to the Finance Minister
                      7.       Mrs. Dhara Wijethilake, CEO  Ceylon Chamber of Commerce
                      8.       Mr. Duminda Hulangamuwa, Tax Partner, EY

The new agency has replaced the division which operated under the Finance Ministry to handle certain areas with regard to Public Private Partnerships (PPP). Under the new NAPP, PPP agreements will be carried out by this national agency with adequate legal, administrative and financial authority.

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