Summary .

Provided Gambia's Investment Promotion and Free Zones Agency (GIPFZA) with model agreements reflecting prospective tenants and developers' needs.

Purpose

To build GIPFZA's capacity to manage and operate its portfolio of business parks.

Activities

Drafted sample commercial lease agreement between GIPFZA and prospective tenants at the park. Defined transaction parameters and drafted a sample concession agreement between GIPFZA and a prospective master developer for the park. Met prospective tenants as representative sample to ascertain needs and priorities.

Results

Drafted legally solid agreements protecting GIPFZA and setting a framework for management and operation of the business park.