Yap Government Reviewing Chinese Tourism Investment Proposal

Pacific Islands Development Program, East-West Center With Support From Center for Pacific Islands Studies, University of Hawai‘i

News Release

Yap State Government Colonia, Yap, FSM

August 6, 2012

The legislative committees on Finance, Government, Health and Welfare and Resources, Education and Development continue to review and discuss the tourism development investment agreement between Yap state and the Exhibition & Travel Group from Chengdu, Sichuan province, China.

The meeting was held in the presence of Gov. Sebastian Anefal, Lt. Gov. Tony Tareg, acting Attorney General Jeremiah Luther, Director Vincent Figir of the Department of Public Works & Transportation, Director Ruotpong Pongliyab of the Department of Youth & Civic Affairs, former Speaker Tony Ganngiyan and members of the public who were invited to testify on the specific provisions of the investment agreement.

Lawmakers are hoping to complete the review process on most of the remaining provisions so they would be fewer when they return for another public hearing probably this week.

The AG’s office will bring the proposed changes to the ETG for review.

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