NMI investments


The exit of Japanese investments from here is an alarming phenomenon that must be visited forthwith given the consequence of dire economic contraction it would render the NMI.

Our Nippon friends were here before, during, and after the war, bringing their wealth for investment purposes. The opportunity was there for real-time partnership but faded in negligence and apparent indifference. Imagine its benefits if more investors from Asia’s wealthiest country joined hands in partnership with our people.

As small a country it may be, it is an economic giant in the global village with sufficient investment funds for island nations throughout the entire Pacific Basin.

With an economy as sturdy as climatic shift in tropical weather, what else is there for us as a matter of economic foundation beyond mini-tourism? Have we done right planning this sector to our benefit beyond “que sera?”

It could mean revenue degeneration driven deeper by a prolonged stagnant economy and indifference of the business community. How much would be the loss? I’m sure it’s in the billions of dollars. Is it something we could rebuild on our own?

Investments infuse funds for business operations and employment. It’s an opportunity to build upon a new business venture however small it may be. Its success contributes a healthy sum in terms of taxes spent on services and jobs.


While this isn’t too hard a concept to fathom it’s unimaginable its effects on the local economy. It may not be visible now but it would eventually deal the NMI serious financial shortfall all the way to the family purse.

Sayonara hopped on an airplane and headed home permanently hardly noticed by Da Big Boysis. Amidst it all, we boast ignorant demeanor as if we understand the economic implications of investment exit. It means far less! Did you get that pal?


Either we’re in self-denial or completely ignorant of the implications of Nippon investment exit. There seems to be the lack of depth of perception to see this phenomenon descending to our eventual demise. It’s the jovial bunch singing “Happy Days Are Here” when the entire house is on fire! Or am I being presumptuous?

Have we done our homework to figure out in dollar figures how much is the investment exit? I’m sure it isn’t pennies, nickels and dimes but more like billions of that would create a fiscal void we can never fill. Is this okay with the nimble-minded elected elite?

It’s that time once more where we missed substantive issues altogether while the choir boys sing, Beyond the Reef.


It’s asinine national the agenda by national Democrats to derail a soaring economy across the fruited plain that grants fellow citizens jobs and more income to take home to their families.

Why place greater prominence on your failure to improve their lot by substituting it with definite destruction? Wouldn’t a recession forcibly send them reeling in the marshland of abject poverty?

That the Donald has succeeded where you persistently failed to improve the livelihood of fellow citizens is not a reason to ensure recession to satisfy cheap and shallow political agenda.

That our fellow citizens have seen brighter tomorrows with jobs and more income is more the reason to search how else could you improve their wellbeing.


Magoo argues his wishful thinking about the plus side of Nippon investment leaving. We return to what it used to be—subsistence farming and fishing—like it was done a long time ago.

I grew up when this community relied on both as a way of life. We did our share at the farm and the sea. The powerful culture of sharing helped many families muddle through bad times when jobs were scarce here in the early sixties. It was a simple subsistence lifestyle then.

But there were major influences in our long journey. Today, there’s the digital age where most work is done via a hi-tech laptop. Amidst the apparent lack of a unified goal perhaps this is as good a time to venture bringing all sectors together for some meaningful and thoughtful planning. We owe it to ourselves!

The issue requires leadership not the tons of ordinary followership defined conveniently as such. I’ve quietly paced this issue going on two years now. There’s nothing up that alley! Obviously, the most relevant query is the future of our people and it requires more than convenient “hafa adai.”

John S. Del Rosario Jr. | Contributing Author
John DelRosario Jr. is a former publisher of the Saipan Tribune and a former secretary of the Department of Public Lands.

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