The objective of this Law is to establish a favorable and stable framework for promoting, attracting and facilitating investments, which are realized as public private (PP) concessions/partnerships (PPP). The Law regulates the powers of contracting authorities to enter into PP concessions for concession/PPP based investments, the procedures for the award of such contracts, the issues pertaining to financial arrangements and support in relation to Concessions/PPPs, the policy of these Concession/