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MC 20-001 Exemption of JVs entered into between Govt. entities and Pvt. Entities issued by NEDA

/ MC 20-001 Exemption of JVs entered into between Govt. entities and Pvt. Entities issued by NEDA

Memorandum Circular No. 20-001 provides for the exemption of Joint Venture Agreements entered into by the private sector and the government entity from compulsory notification once the notification thresholds have been met.

The Circular was issued to provide a coordinated approach between NEDA and the PCC in reviewing joint venture projects which satisfy the thresholds for compulsory notification.

The coverage of this Circular is solely joint venture projects undertaken by government entities (as defined and enumerated under the NEDA JV Guidelines) with private sector entities.