ABSTRACT
This chapter introduces a new approach to state contracts in the MENA region, which was not recognized few decades ago as PPP techniques are new patterns of administrative contracts in the MENA countries. The chapter demonstrates the innovation in states’ contracts in theory and practice as PPP contracts in the Middle East and North Africa is a new topic in the English legal text. The chapter provides a definition of PPPs, and demonstrates why PPP technique is needed in MENA countries and the value for money concept as it is one of the main concepts behind PPP contracts in the MENA countries. Further, this chapter highlights the essential need to promote value for people in addition to the value for money concept. The chapter goes far beyond the traditional legal analysis to reach economic conclusions that are relevant to state contracts in the MENA region in the light of Adam Smith’s and the Chicago’s theories. It provides the reader with the geographical scope of the research and the main characteristics of the MENA countries’ legal systems, in particular the Egyptian legal system as the leading jurisdiction in the MENA region.
