8. Tenure
Principle Government will generally own the project site and grant the private party licences for the construction period and a lease for the operating term. The term of the lease will end on the expiry of the Contract Term.28 |
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This principle relates to the tenure of the core project. To the extent there is a related commercial development (such as hotels, cafes, office space etc), appropriate tenure arrangements will be considered on a project specific basis and may include leasing arrangements.