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Yap Summit Community Sector - Yap State Government

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YAP STATE GOVERNMENT<br />

Private <strong>Sector</strong><br />

Critical Areas<br />

Institutional<br />

Reform<br />

Infrastructure<br />

Requirement<br />

Investment<br />

Opportunities<br />

the private<br />

sector.<br />

employment, etc.<br />

2. Taxation &<br />

Incentives<br />

Research<br />

existing laws<br />

and regulations<br />

including VAT<br />

to provide<br />

incentives for<br />

private sector<br />

capital<br />

formation and<br />

expansion.<br />

Not Required.<br />

Increased capital<br />

formation and<br />

expansion through<br />

capital gains, R&D<br />

and other activities<br />

in support of<br />

business growth.<br />

3. Foreign<br />

Investment<br />

Research<br />

existing laws<br />

and regulations<br />

to attract<br />

appropriate<br />

foreign<br />

investment.<br />

Creation of<br />

new<br />

infrastructures<br />

for tradable<br />

industries<br />

through<br />

foreign<br />

investments.<br />

Creation of joint<br />

ventures for small<br />

and large scale<br />

industries for export<br />

markets.<br />

II. DOMESTIC & FOREIGN MARKETS ACCESSIBILITY<br />

1. Marketing<br />

Feasibility<br />

Study Program<br />

Policy<br />

endorsement<br />

with<br />

appropriate<br />

representation<br />

from Gov't and<br />

the Private<br />

<strong>Sector</strong>.<br />

Not Required.<br />

Creation of tradable<br />

industries through<br />

selection and<br />

formulation of<br />

appropriate<br />

technologies and<br />

export markets.<br />

2. Public<br />

Market-Place<br />

Designation of<br />

vacant lot<br />

across from<br />

YCA.<br />

A&E Required<br />

for<br />

Construction.<br />

A marketplace for<br />

buying & selling of<br />

Local Produce and<br />

Crafts & Arts<br />

products.<br />

3. Access to Mandate Establish Improved marketing<br />

23 | P a g e

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