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Overall Objectives
The overall objectives of the Economic Land Concessions are the following:
- To develop intensive agricultural and industrial-agricultural activities that requires a high rate and appropriate level of initial capital investment;
- To achieve a specific set of agreements from the investor for developing the land in an appropriate and perpetual manner based on a land use plan for the area;
- To increase employment in rural areas within a framework of intensification and diversification of livelihood opportunities and within a framework of natural resource management based on appropriate ecological system;
- To encourage small as well as large investments in economic land concession projects; and
- To generate state revenues or the provincial or communal revenues through economic land use fees, taxation and related services charges.
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