“Stichting Ontwikkeling Projecten Logistieke Sector (SLS)”

In view of stimulating the development of the logistics sector in Curaçao, the “Nederlandse Participatie Maatschappij Nederlandse Antillen (NPMNA)” acquired on Thursday August 12th 2010, for a symbolic amount, its shares in two local government companies (Curinde NV and CPA NV) and transferred these to Korpodeko. However, the intrinsic value of these shares was deposited by Korpodeko into the bank account of the Foundation for Development Projects Logistic Sector (SLS). This provided the Foundation with the necessary funds, to give concrete substance to the development of the logistics sector.

SLS Objectives

Stimulate

To stimulate the preconditions on Curaçao to achieve sustainable economic development, attract highly skilled local workers, to strengthen knowledge, skills, and networks and to create infrastructures geared towards sea- and airport and the e-zone.

Execute

Conduct feasibility studies and prepare implementation plans aimed at the actual development of projects in the logistics sector specifically geared towards the sea- and airport and e-zone.

Participate

Participate in risk capital projects by stimulating the preconditions on Curaçao to achieve sustainable economic development, with a maximum participation per project or combination of related projects of either five hundred thousand Antillean guilders (Ang. 500,000.-) and/or ten percent (10%) of the freely available resources of the Foundation.

Perform

The Foundation is authorized to do everything that may be useful or necessary to achieve its purpose or that may be associated with it in the broadest sense of the word.