Unfortunate

It is unfortunate that Alter City Group was unable to complete their proposed hotel and casino resort on Tinian which resulted in the termination of their public land lease.

As the Mayor of Tinian and Aguiguan, I will always support investment on Tinian that will promote Tinian’s tourism industry and create private sector jobs. I believe Alter City had very good intentions to build a first-class resort on Tinian but unfortunately fell victim to external geopolitical factors.

However, as with any investor, they are still required to comply with the terms of the public land lease agreement and applicable law and regulations.

I hope Alter City will be able to “downsize” or “right size” their project for Tinian as we look forward to strengthening our partnership with Alter City in the development of Tinian’s tourism industry.

Edwin P. Aldan

Mayor of Tinian and Aguiguan

Tinian and Aguiguan Mayor Edwin P. Aldan