Keenjhar Lake Resort Project - Sindh Board Of Investment ...
Keenjhar Lake Resort Project - Sindh Board Of Investment ...
Keenjhar Lake Resort Project - Sindh Board Of Investment ...
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Independent Auditor, as required to provide professional support for the purposes of regulating the<br />
<strong>Project</strong> development.<br />
15.5 Concession Period<br />
The Concession Period would be on a long term basis, for a period of __ years (including 4 years<br />
construction/ development period).<br />
15.6 Payment Security Mechanism<br />
<strong>Investment</strong> under the <strong>Project</strong> to be safeguarded through a proper Payment Security Mechanism (PSM),<br />
i.e. Escrow Account to be operated to ensure that proceeds from saleable components are first utilized<br />
for the project development.<br />
72<br />
<strong>Keenjhar</strong> <strong>Lake</strong> <strong>Resort</strong> <strong>Project</strong> - <strong>Project</strong> Information Memorandum