Palau V.P. Predicts Economic Boom

Micronesian Investment Quarterly | April 1, 1993 | Copyright

Palau's future holds a tremendous amount of promise for foreign investors, says the nation's new Vice President, Tommy E. Remengesau, Jr. In a recent interview with MIQ, the Vice President predicted that his country's ongoing drive to win rapid local approval of the Compact of Free Association with the United States will not only bring full independence for this Pacific nation, but trigger a major economic boom. He also talked at length about the kind of investors Palau is seeking and touched on what he believes will be major new moneymaking markets in Palau for investors. ...

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