In 2015, Qatar signed its first true PPP project agreement with a Japanese-led consortium to develop a $3 billion water and power project at Ras Laffan.  Qatar is now in the process of drafting a new law to facilitate and nurture its fledgling PPP sector, and to provide a strong legal framework for the efficient delivery of future PPP projects. Since 1994, when Oman procured the region's first Public-Private-Partnership (PPP) project, the Al Manah power plant, the members of the GCC have successfully launched a number of PPP projects in sectors including roads, bridges, water, power, waste and accommodation.