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CNMI economic development director touts new investment packet, credits 2022 law for expanded outreach
Summary
Derek T. Sasamoto, executive director of the Commonwealth Economic Development Authority, presented a digital investment packet and credited a 2022 public law with empowering the authority to pursue foreign investment, while delegates urged attention to agribusiness, local jobs and food security.
Derek T. Sasamoto, executive director of the Commonwealth Economic Development Authority, told the Association of Pacific Island Legislatures on Saipan that CEDA has been actively marketing the Marianas to outside investors and circulated a digital “investment packet” accessible via a QR code on his business card.
Sasamoto said that the office had hoped to distribute a full investment packet at the APIL meeting but that presentation glitches limited what could be shown; he provided printed cards and told delegates…
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