OUTRIGGER MARSHALL ISLANDS RESORT BOARD REVAMPED

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MAJURO, Marshall Islands (February 25, 2000 - Marshall Islands Journal)---The board of the Outrigger Marshall Islands Resort has been revamped by the new government and directed to develop a privatization plan for the Majuro hotel.

The new board has been directed to focus on privatization and "to include sale of the hotel," as well as "collect all debts, including those owed by public officials and put a stop to all credit charges," the president's office announced.

The new board of directors is chaired by local businessman Alex Bing.

The Marshall Islands Journal, Box 14, Majuro, Marshall Islands 96960 E-mail: journal@ntamar.com. Subscriptions (weekly): 1 year US $87.00; international $213.00 (air mail).

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