Saying the creation of the Commonwealth Economic Development Authority is needed to entice economic development, Gov. Ralph DLG Torres said Friday he is thankful to the House of Representatives for passing the bill that will create CEDA.<\/p>\n
Speaking at his regular radio news briefing, Torres thanked the Governor\u2019s Council of Economic Advisers actually advised the creation of CEDA to benefit the entire CNMI. \u201cIt\u2019s definitely not for one entity. It\u2019s not for two entities or any specific company. It\u2019s for the entire Marianas. And so\u2026the next step is to ask the Senate to also push that bill and let\u2019s create the new CEDA,\u201d he said.<\/p>\n
The House unanimously passed House Bill 22-21 last Thursday. It was authored by Rep. Angel A. Demapan (R-Saipan).<\/p>\n
Torres said he issued an executive order last year to split the governing boards of the Commonwealth Development Authority and the Northern Marianas Housing Corp., also at the advice of the GCEA. Torres said creation of CEDA is also at the GCEA\u2019s advice.<\/p>\n
\u201cHopefully we can really entice economic development [with CEDA\u2019s creation]\u201d he said.<\/p>\n
The governor said the GCEA has a lot more recommendations in the pipeline. \u201cI hope the Legislature really embraces those changes and support because we put so much time, effort, and resources to meet weekly basis in the last eight to nine months. \u2026We went to the House and we did a presentation and we went to the Senate and also did the presentation about these changes,\u201d he said.<\/p>\n
Torres said it\u2019s not just the CEDA that they\u2019re trying to push. The governor said all the efforts of the GCEA can be seen with the transformation of tourist sites.<\/p>\n
\u201cWe have a long goal. We have a goal to make the CNMI a world-class destination. It\u2019s not going to be a two-year program. it\u2019s not going to be a three-year, it\u2019s going to be at least 10 years to get to where we at,\u201d Torres said, adding that he has taken a lot of the GCEA\u2019s recommendations to heart. <\/p>\n","protected":false},"excerpt":{"rendered":"
Saying the creation of the Commonwealth Economic Development Authority is needed to entice economic development,…<\/p>\n","protected":false},"author":23,"featured_media":330355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-341079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/341079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=341079"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/341079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media\/330355"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=341079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=341079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=341079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}