LOCAL BUSINESS DEVELOPMENT. 1. The Company shall, to the extent reasonably and economically practicable, having regard to the nature of the particular goods and services, promote, support, encourage and lend assistance to Indonesian nationals desirous of establishing enterprises and businesses providing goods and services for the Enterprise and for the permanent settlement(s) (if any) constructed by the Company and the residents thereof, and shall generally promote, support, encourage and assist the establishment and operation of local enterprises outside any Mining Area.
2. The Company shall make maximum use of Indonesian sub- contractors where services are available from them at competitive prices and of comparable standards with those obtainable from elsewhere, whether inside or outside Indonesia.
3. Insofar as it is practicable the Company shall give first preference in its assistance hereunder to landowners in and other people originating from the area of the Enterprise.
4. Except as otherwise agreed by the Department, the Company shall, at the commencement of the Feasibility Studies Period with respect to an Exploration Area, appoint, for such period as is reasonably necessary, a member of its staff who has had experience within Indonesia of the establishment, control and day-to-day running of enterprises controlled and run by Indonesians who shall:
(i) identify activities related to the Enterprise including the provision of goods and services as described above which can be carried on by Indonesian nationals or local enterprises ;
(ii) advise and assist Indonesian nationals desirous of carrying on those activities or of establishing enterprises to do the same; and
(iii) implement, or assist in the implementation of, the Business Development Program as hereinafter described on behalf of the Company. The staff member appointed for this purpose shall be a full time employee of the Company.
5. The Company shall, directly or indirectly, provide funds for, and assist in the development of a Business and Community Development Program designed to assist Indonesian Participants in the province in which the Enterprise is located, which Program shall be submitted to the Government as part of the Company's feasibility study report as described in Annex "E".
6. Except as otherwise agreed by the Government, the Business Development Program will make provision as far as is practicable for the following (except to the extent of activities to be carried out directly by the Company):
(i) enterp...
LOCAL BUSINESS DEVELOPMENT. 5.1 The Company shall:
(a) comply with the Local Business Development Programme so as to encourage and assist the establishment of businesses within [Country] (particularly in the [Region] and with a particular emphasis on businesses directly or indirectly majority owned by [Country] citizens) to supply materials, equipment and services to the Company, provided that the Company shall not be obliged to grant or lend money to any person or provide technical or other support to them;
(b) conduct an annual review of progress being made on the implementation of the Local Business Development Programme and make such variations to it as required by changing circumstances; and
(c) designate a responsible person experienced in setting up and managing small business enterprises:
(i) to assist [Country] citizens who wish to or have set up businesses to offer services to the Company and the Facilities;
(ii) to assist in the implementation of the Local Business Development Programme and variations thereof;
(iii) to liaise with the appropriate officials from [Government]; and
(iv) to compile and maintain the register referred to in Clause 4.1.
5.2 The Company may, with the consent of [Government] (which consent shall not be unreasonably withheld), amend or alter the Local Business Development Programme, with a view to securing the maximum benefit to the establishment of [Country] businesses from the Facilities. If the Company is unable to comply with some or all of the Local Business Development Programme as a result of circumstances or events beyond its control then such non-compliance shall not constitute a default under this Clause 5 and the Company may give notice of alternative or revised plans for the Local Business Development Programme.
5.3 Should the Company give notice pursuant to Clause 5.2, [Government] shall within thirty days (30) either:
(a) approve those alternative or revised plans; or
(b) meet with the Company to discuss and agree upon the alternative or revised plans.
5.4 If the discussions under Xxxxxx 5.3 do not lead to [Government]’s approval of alternative or revised plans and the Company considers [Government]’s decision to be unreasonable, the Company may elect to refer the reasonableness of [Government]’s decision to a Sole Expert in accordance with Clause 19.
5.5 If the Sole Expert determines that [Government]’s decision is not unreasonable, he shall identify to the Company such changes to the Local Business Development Programme as will be ne...
LOCAL BUSINESS DEVELOPMENT. The Company, in consultation and cooperation with the State and local authorities, will develop a program to support and advise the population located near the perimeter where the companies are to supply materials, equipment and services for the project.
LOCAL BUSINESS DEVELOPMENT. Out-Grower Programme
LOCAL BUSINESS DEVELOPMENT. The University will work with the Community Organizations to promote local businesses within the University and to provide local businesses with a reasonable opportunity to compete for University business.
