ANGAUR LAWMAKERS SEEK HOTELS, INVESTMENT

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KOROR, Palau (Palau Horizon, Oct. 8) — Legislators in Angaur are requesting the national government to legislate a scheme that would promote economic development in their State including the establishment of hotels, shopping center, retirement homes, medical treatment facilities and potential casino gaming industries.

This is based on Olbiil Era Ngeaur Resolution No. 13-03, which was adopted on July 17, 2007 and was transmitted to the OEK on August 31.

Isolation, travel expenses contribute to the high cost of living in Angaur.

[PIR editor’s note: Angaur is an island state in Palau, located south of the country’s main island of Babeldoab.]

The Resolution explained that many people have left the state to pursue education and employment and business opportunities after the closure of phosphate mining there.

The State Government is the only employment available but with limited funding and limited jobs among the approximately 800 citizens.

Around 180 live full time in Angaur "with no meaningful employment and business opportunities."

The Resolution noted that Angaur has an airport suitable for international flights, pristine environment and sandy beaches that are ideal attractions for tourism industry.

It also explained that the people of Angaur do not have the capital to improve infrastructure or to engage in significant economic development, which would serve to attract high-end tourists.

It also stated that the people desire to be economically self-sufficient, without having to rely upon block grants for minimal subsistence of government operations.

The Legislators said foreign investors have expressed an interest in developing significant commercial enterprise and venture and have expressed willingness to pay higher taxes and willing to contribute to the Civil Service Pension Plan Trust Fund, scholarship programs and infrastructure with no cost to the national government.

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