NMI to join DOI conference anew

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Posted on Oct 18 2006
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Acting Gov. Timothy P. Villagomez will lead the CNMI delegation to next month’s investment conference in Hawaii.

Those expected to travel with Villagomez include Finance Secretary Eloy Inos, press secretary Charles P. Reyes Jr., and a representative from the Department of Commerce, the acting governor said.

Sponsored by the U.S. Department of the Interior, the 2006 Conference on Business Opportunities in the Islands will be held on Nov. 13-14, 2006 at the Waikiki Marriott in Honolulu, Hawaii.

Villagomez said that the administration had begun meeting with the Saipan Chamber of Commerce and the Hotel Association of the Northern Mariana Islands to coordinate their efforts to market the Commonwealth to investors.

Galvin Guerrero, former Gov. Juan N. Babauta’s special assistant for special projects and leader of the CNMI delegation to the 2004 investment conference, is also being consulted.

“We don’t want to go to the conference blindfolded. We want to find out what to expect,” Villagomez said.

Tourism, education, and pozzolan are among the industries that the administration plans to promote in the conference, he said.

According to the Interior Department, the business opportunities conference will include industry experts and local businesspeople speaking on tourism, tourism and real estate development, infrastructure development, tax incentives, utilities and telecommunications, among other topics.

This conference is the latest in a series of events sponsored by the Department of the Interior aimed at stimulating private sector-led economic development in the U.S.-affiliated insular areas.

The department has hosted two previous conferences and led three Business Opportunities Missions to five island jurisdictions over the last three years.

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