Adopted new law on privatisation and PPPs

On 31 May 2024, Rwanda enacted Law No. 045/2024 on privatisation, effective from 7 June 2024, which supersedes Law No. 2 of 11 March 1996. Key changes include:

• Expanded Public-Private Partnerships: New models, such as Build-Operate-Own (BOO) and Build-Operate-Transfer (BOT), introduce flexibility in partnership structures.
• Clear Role Definitions: Responsibilities are now delineated between the Contracting Authority and private partners, providing a structured framework.
• Stricter Disqualification Criteria: Enhanced provisions disqualify entities involved in fraud or corruption, promoting process integrity.
• Enhanced Confidentiality: The law emphasises confidentiality in negotiations with allowances for essential disclosures.
• Governance and Oversight: The Rwanda Development Board is now tasked with overseeing disqualifications to ensure transparency.

These updates aim to create a transparent and efficient environment for private sector investment in public assets and services.

• Type:

  • Entry and establishment (Ownership and control)
  • Promotion and facilitation (Investment facilitation )

• Industry:

  • Not industry specific

• Sources:

  • Government Portal, Law n° 045/2024 of 31/05/2024 governing privatisation, https://www.environment.gov.rw/index.php?eID=dumpFile&t=f&f=101153&token=95e9715d642b77574cb6a454f779b6d6965d1e27, 07 Jun 2024