Effective PPPs can unlock billions of dollars for critical infrastructure, accelerating economic diversification and resilience across the Gulf and North Africa.
The Middle East and North Africa continue to experience rapid urbanisation, population growth and a shift toward sustainable economies, driving unprecedented demand for transport, water, energy and digital infrastructure. Traditional budgetary allocations are insufficient, prompting governments to turn to public‑private partnerships as a pragmatic financing mechanism. Robust PPP frameworks can mobilise billions of dollars, spread risk, and introduce private‑sector efficiency into public projects. As regional leaders pledge ambitious infrastructure roadmaps, the quality of partnership contracts, transparency standards and dispute‑resolution mechanisms will determine whether these plans translate into tangible assets.
Lina Noureddin, chief executive of Bahrain‑based Lamar Holding, argues that the next wave of PPPs must align with the region’s strategic priorities—namely renewable energy integration, smart‑city logistics and water security. Her firm is assembling a pipeline of mid‑size projects that combine stable cash flows with clear regulatory guarantees, appealing to sovereign wealth funds and pension managers. Noureddin stresses the importance of early stakeholder engagement and standardized risk‑allocation clauses, which reduce transaction costs and accelerate project delivery. By leveraging its regional networks, Lamar aims to bridge the gap between government ambitions and investor appetite.
Policymakers who wish to unlock the full potential of PPPs should focus on legislative harmonisation, transparent tender processes and capacity‑building within ministries. For investors, the emerging risk‑mitigation tools—such as partial credit guarantees and multilateral insurance—lower entry barriers and improve return certainty. As the Gulf Cooperation Council and North African states roll out multi‑billion‑dollar infrastructure programmes, a mature PPP ecosystem will become a decisive factor in attracting long‑term capital and delivering resilient, future‑proof assets.
19 February 2026 – By Yasir Iqbal

Lina Noureddin, CEO of Bahrain‑headquartered investment firm Lamar Holding, speaks exclusively to MEED about the evolving PPP landscape, strategic priorities and regional challenges.
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