The Commonwealth Ports Authority is insisting on investing $53,000 from its own pockets on the Rota concession project. <\/p>\n
During a CPA Financial Affairs Committee meeting last week, board chair Kimberlyn King-Hinds said that CPA is looking at investing the remaining $53,000 needed for the expansion of the Rota International Airport and renovations to its terminal. <\/p>\n
The $53,000 would go to the services of Ricondo & Associates to review the project to get the RFPs out in order to get the project started. <\/p>\n
\u201cWe have engaged the services of Ricando & Associates to review the concession plan for Rota and originally wasn’t included in their scope of work to review the Rota International Airport and the additional scope is $53,000,\u201d she said. <\/p>\n
King-Hinds said that, although times are hard for the economy and they have to cut back on expenses, Rota needs an economic break and if $53,000 is all that stands between that, then it\u2019s a worthy investment.<\/p>\n
\u201cThe people of Rota have been desperately seeking for some type of economic break and if it takes making further cuts so that they can have the $53,000 to get the expertise that they need to be able to roll out this RFP so that the concessions can go out, then I think it’s worth the investment,\u201d she said. <\/p>\n
King-Hinds explained that there is some interest on Rota right now to enter into a public private partnership to expand and renovate the airport.<\/p>\n
According to a previous article on the Saipan Tribune, Barrie C. Toves, who chairs the Airport Facilities Committee of CPA board, said that there are a couple of interested investors that are asking about the seaport and airport facilities on Rota.<\/p>\n","protected":false},"excerpt":{"rendered":"
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