Water and Electricity: A Tender Seeking to Align Interests in Maximizing Tourism on Margarita Island
The investor who offers to contribute the most—above a minimum of US$ 700 million—in investments designed to help supply electricity and water to Margarita Island will receive, in exchange, a 3% share of all the island's tourism revenue for a period of 35 years.
Undoubtedly, the winner will have a clear vested interest in ensuring that the investments they make prove beneficial to the island—and, as an added bonus, will become a major promoter of that tourism.
