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Figure 3

Possible Structure of Xai-Xai Beach Development Agency, as a Joint Venture Between Government and Private Sector

MEMBERS/ "OWNERSHIP"

  • Government

  • Private Company

"CONTROL"

  • Government - 50%

  • Private

  • -

    50%

  • Core

Funding

FUNDING

  • Development

Finance

"Shares"/

Board of

Debentures

"directors"

(Proportion to be

or

decided)

Executive Committee

  • Government?

  • Government?

  • Initial set-up grant 1 year

  • Contributions from

developers

  • Revenue from

operations

  • Loans

  • Grants

  • Developers' Equity

XAI-XAI BEACH DEVELOPMENT AGENCY (Incorporated legal entity not for profit)

B.O.T. (Build, operate, transfer)?

INFRASTRUCTURE:

  • Funding (loans, grants, etc.)

  • Construction (private contractors)

  • Operation and maintenance (private

contractors)

OTHER SERVICES TO AUTHORITIES AND INVESTORS/DEVELOPERS:

  • Marketing, information, communication

  • Technical assistance

  • Liaison and assistance in dealing with

government

  • Training, etc.

115

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