LAW OF TURKMENISTAN

of June 5, 2021 No. 379-VI

About public-private partnership

This Law determines the legal basis of public-private partnership, methods of its implementation and governs the relations arising in the course of preparation and project implementation of public-private partnership.

Chapter I. General provisions

Article 1. Purposes and scope of this law

1. The purposes of this Law are regulation of the relations in the field of public-private partnership, and also creation of legal conditions for concentration of material, financial, intellectual, scientific and technical and other resources, ensuring balance of interests and risks, attraction of financial resources of non-budgetary sources for projects implementation, plans and programs for development of infrastructure facilities.

2. Operation of this Law does not extend to the relations regulated by the Law of Turkmenistan "About tenders for delivery of goods, performance of works, rendering services for the state needs" the oil works which are carried out according to the Law of Turkmenistan "About hydrocarbonic resources" and the specialized activities connected with providing law and order, defense capability and safety of the state.

Article 2. Legislation of Turkmenistan on public-private partnership

The legislation of Turkmenistan on public-private partnership is based on the Constitution of Turkmenistan and consists of the Civil code of Turkmenistan, this Law and other regulatory legal acts of Turkmenistan.

Article 3. Basic concepts

In this Law the following basic concepts are applied:

1) public-private partnership - the mutually beneficial cooperation of the state and private partners which is legally drawn up for certain term based on combining of their resources for preparation and project implementation of public-private partnership;

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