AGP Executive Report
Last update: 9 hours agoEnergy Investment: Eastern Power Solutions has secured a signed agreement with CUC for a renewable-energy project expected to bring about $250 million in investment and nearly 150 jobs across Saipan, Tinian and Rota. It aims to supply 72 megawatts and finish construction by 2028. Public Finances: The House unanimously approved a $7.2 million package for retirees, schools, Medicaid and restoring some government work hours; the Senate is seeking Finance’s certification of available funds before review. Business Headwinds: Casa Marianas will suspend operations Dec. 10, citing declining airline arrivals and higher utility and operating costs. Saipan’s Korean air traffic also slumped in October, with passenger numbers down 68.5% year over year. Local Enterprise: PIC Saipan is hosting a recurring weekend market for local artists and small businesses, offering vendors a venue to reach residents and tourists. Research Funding: UOG’s new call for proposals offers up to $100,000 per project for sustainability research benefiting the CNMI and other Micronesian communities.
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