Invest Guam - The Time Is Now : Guam Economic Symposium October 22nd to October 24th

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News Date: 12-September-2014

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Press Release: Guam Economic Symposium


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GEDA Gets Down To Business 

Invest Guam - The Time Is Now 

Guam Economic Symposium October 22nd to October 24th 
 

TUMON, GUAM – September 4, 2014 - The Guam Economic Development Authority (GEDA) and the Guam Visitors Bureau (GVB) along with other private and public partners are predicting unprecedented growth for Guam. Investors from throughout Asia and the U.S. have been invited to Guam on October 22 through October 24th to discuss and explore how to participate and capitalize on the potential Guam offers. The economic symposium Invest Guam - The Time is Now will be held at the Hyatt Regency Guam.
 
Governor Calvo commented on the importance of the symposium stating, "Guam's economy is at a crucial growth period that will present a wealth of opportunities for local businesses of all sizes. It is critical that we capitalize on these opportunities and lay a solid foundation for the island's steady, continuous, and sustained economic growth.”
 
This world class conference will explore in detail three areas of the economy poised to grow: the Visitor industry, Utilities & Infrastructure, and the Defense Industry. Altogether it is estimated these three sectors will add an additional $12 to $15 billion in investment and income over the next 7 to 10 years on Guam. Experts from the tourism, finance, defense and development sectors will provide facts and discuss contracting opportunities and development plans for the island.

EJ Calvo, Chairman of GEDA stated “Guam is currently at the cusp of the largest sustained period of economic growth in the island’s history. This upcoming conference will not only look at how the island can continue to develop, but also what that growth means for Guam in relation to Asia, America, and the rest of the world.”
 
Of particular note, is that Joshua Cooper Ramo will be the keynote speaker for the event. Mr. Ramo is Vice Chairman for Kissinger Associates, Inc. and author of The Age of the Unthinkable: Why the New World Disorder Constantly Surprises Us and What We Can do About It. Mr. Cooper Ramo will be speaking on Guam’s role as a portal for commerce between America and Asia. Other topics that will be addressed at the conference include: Guam’s Strategic Plan for Visitor Industry Growth, The Potential of Real Estate Investment on Guam, The Role of the Commercial Port in Guam’s Economy, the U.S. National Defense Posture in the Asia Pacific Region, and many more topics relevant to Guam’s economic growth and development.

Karl Pangelinan, General Manager of the GVB said, “We are pleased to partner with GEDA to make this symposium a success. We need to attract investors to build hotel rooms and attractions to support the growth that is expected.” Over 400 investors and policy makers have been invited and are expected to attend. Mana Silva Taijeron, GEDA Acting Administrator said, “Conference registrations are selling fast. It is important that those that are interested register now so that they do not miss this opportunity.”
 
Additional information on the conference can be found at www.investguam.com/now. 
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