The ABC of the new improved PPP

The old unworkable law on public-private partnerships 
in Poland has finally been replaced by a new Act. 
But has the new legislation avoided the mistakes of its predecessor?  The previous act on public-private partnerships did not prove to be a successful piece of legislation. Since 2005, when the earlier PPP Act entered into force, not one single project of this kind has been started. Experts say there are several reasons why the previous act has not been applied. The biggest obstacles include the obligation to obtain consent from the minister of finance (regardless of the value of the PPP project), the obligatory analysis (regardless of the size of the PPP project) and some formal requirements for both small and large PPP projects. Some minor drawbacks, such as a number of bureaucratic formalities, the lack of the necessary flexibility or the unclear status of EU funding, have also deterred potential investors.The newly-adopted PPP Act aims to simplify and deformalize t