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The phrase "agreement to develop the" is correct and usable in written English.
You can use it in contexts where you are discussing a formal arrangement or contract related to development projects or initiatives.
Example: "The parties entered into an agreement to develop the new software application together."
Alternatives: "contract to create the" or "arrangement to build the".
Exact(11)
In December 2016, Royal Dutch Shell signed a provisional agreement to develop the Iranian oil and gas fields in South Azadegan, Yadavaran and Kish.
It was the brainchild of the Harlem Urban Development Corporation, a state agency, which signed an agreement to develop the mart in 1979, hoping to bring street vendors inside.
Bank of America and the Durst Organization announced yesterday that they had formally concluded an agreement to develop the 2.1-million-square-foot Bank of America Tower near Times Square.
French oil giant Total is another major beneficiary of the Iran deal's lifting of sanctions, securing a $2 billion agreement to develop the South Pars oil field, shared between Iran and Qatar.
Two competitors to Bloomberg — Thomson Reuters and Markit — have already signed an agreement to develop the technology, according to people involved in the deal who requested anonymity because the negotiations were not complete.
Even Russia, which has strongly opposed the Western sanctions against Iran, appeared to be backtracking on a deal after Iranian news agencies said Tatneft had signed a $1 billion agreement to develop the Zagheh field in southern Iran.
Similar(49)
We want an agreement to develop sustainable development goals that meet the linked challenges of food, energy and water security, we want a shift in the way we measure prosperity; with agreement to consider natural and social values alongside traditional measures of GDP.
We feel those involved made a mistake". Along with the agreement to develop Smithsonian programming for the cable channel, the Smithsonian told researchers that they would be restricted in their use of the archives for "more than incidental" materials.
The workshop concluded with an agreement to develop an extension of the STROBE (STrengthening the Reporting of OBservational studies in Epidemiology) statement [ 44] to address some of the specific challenges (e.g., generation of genetic data, population stratification, haplotype inference, HWE, and multiple testing) posed by reporting results of genetic epidemiology studies.
In July, French Total SA and China National Petroleum Corporation CNPCC) signed a $5 billion agreement to develop some of the world's largest natural gas fields, located in Iran.
BRUSSELS — Transportation officials from around the world on Friday reached a preliminary agreement to develop global rules by the end of the decade that would control airline emissions.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com