With an estimated $3 billion in military and civilian infrastructure development going down on Tinian related to the divert airfield, Philip Mendiola-Long is inviting Saipan businesses to join the gold rush of expected projects on the island.
Speaking before yesterday’s Saipan Chamber of Commerce meeting at the Crowne Plaza Resort, the Tinian Chamber of Commerce president said Saipan’s sister island has a slew of immediate needs to accommodate the military buildup on Tinian.
These include requirements on fully furnished AirBNB-style housing for 3-5 years, new hotels, heavy equipment and van, truck, and car rentals, warehouse development, commercial office space development/portable office rental, restaurants/food service, construction safety supply, night entertainment, and day activities like island tours and events.
There’s an urgent need for companies to introduce the Low-Income Housing Tax Credit program on Tinian, Mendiola-Long said.
In a follow-up interview after the Chamber meeting, Mendiola-Long said the $3 billion military and civilian infrastructure development could even shoot up to as much as $5 billion, depending on the results of the National Environmental Policy Act Environmental Impact Statement.
“[There’s] tremendous excitement. Tinian will be an entrepreneur’s Promised Land. If you choose to create businesses that support military installations and/or the construction phases of those installations, you will do very well.”
View the saipan tribune article here:
https://www.saipantribune.com/index.php/now-is-time-to-invest-on-tinian/
