Dated Aizawl, the 20th April, 2016 

The Governor of Mizoram is pleased to notify the policy on Public Private Partnership (PPP) in infrastructure development in the state of Mizoram as approved by the Council of Ministers in its meeting held on 7th April, 2016 and hereby published for information and necessary action.

POLICY ON PUBLIC PRIVATE PARTNERSHIP

1. INTRODUCTION

1.1. The Government of Mizoram is committed to improving the level and the quality of economic and social infrastructure and various services across the State. In pursuance of this goal, the Government of Mizoram envisages a substantive role for Public Private Partnership (PPP) as a means for harnessing private sector investment and operational efficiencies in the provision of public assets and services.

1.2. In order to facilitate and promote increasing role of Public Private Partnership in the creation of new infrastructure assets as well as for the management of existing ones, the Government of Mizoram proposes to lay down an explicit and a comprehensive policy. The policy detailed herein will put in position a broad framework for implementation of PPP in the State in physical and social infrastructure and provision of various services while being sensitive to public needs.

2. POLICY OBJECTIVES AND SCOPE

2.1 The key objective of this policy is to -

1) Leverage the resources of State Government and Central Government to invite private sector investment in infrastructure and provision of services at best possible terms for the people of the State.

2) Protection of the interest of users and securing value for public money.

3) Setting up of an efficient administrative mechanism to ensure selection of private sector developer through transparent bidding criteria.

4) To bring in uniformity in approach cutting across various sectors and Departments of the Government.

5) To prepare a shelf of projects to be offered for PPP under various Departments and take them forward for implementation.

6) Putting in place an effective and efficient institutional mechanism for obtaining various clearances for the projects speedily.

7) Provide a framework that clearly set forth the risks, rewards and obligations of different participants.

8) Create a robust dispute redressal mechanism / regulatory framework for PPP projects.

9) Provide the required Viability Gap Funding (VGF) where the essential projects are intrinsically unviable.

10) To create “Mizoram Infrastructure Development Fund (MIDF)” to facilitate implementation of the objectives of the policy.

11) Ownership and transfer of land to private/organization are to be avoided, but leasing of the land for specific tenures in conformity with land law of the State, extendable for specific periods and specific conditions may be allowed.