OBJECTIVES OF THE PROJECT. The objective of this Project is to develop designated portions of the State of Yap into a world-renowned tourist destination, to realize the commercial interests of ETG, to further the financial stability and economy of the State of Yap, and to increase local employment as well as the welfare of the local community in the State of Yap in general, provided that ETG shall take all actions necessary to preserve the local culture and natural environment during the whole term of this Project.
Appears in 2 contracts
Sources: Investment Agreement, Investment Agreement