Governor presents territory’s investment opportunities to off-island investors during LA Expo
Governor Togiola Tulafono had the opportunity to present American Samoa’s handful of investment opportunities to prospective investors during the opening session of the American International Real Estate Expo and Conference which was held in Los Angeles, California from September 5-7.
The five investment opportunities include the Rainmaker Hotel, the Bay Area marina, development of the marine railway, reconstruction of the Tramway, and ecotourism in Manu’a.
The Expo, which was held at the L.A. Convention Center, is a platform to promote products, services, and investors to a global clientele.
American Samoa’s booth featured a display of the Rainmaker Hotel property. A DVD which included footage from the 10th Festival of Pacific Arts was also produced to market the five investment opportunities.
“Our booth looked great and it attracted a lot of participants because of our unique design and layout of the Rainmaker hotel property, along with our non-stop DVDs showing images of the natural beauty of our island culture and environment,” Togiola exclaimed.
In his presentation, Togiola emphasized benefits and incentives of doing business in the territory. He invited investors and developers to work closely with his administration to find ways to maximize opportunities by investing in American Samoa.
The Governor had the chance to meet with representatives of real estate companies regarding the Rainmaker Hotel, and he has extended an invitation to them to visit American Samoa and see the property with their own eyes.
In addition, Togiola also met with an investor who expressed interest in the marina development.
“The three-day event was very informative and, for us, it was a very successful Expo because not only did we showcase our territory, we met with several investors who are pursuing serious interests in investing in American Samoa,” the Governor explained, adding that the territory’s participation at the Expo was a “great investment.”
Also in attendance was the Mayor of the City of Carson, Mr. Jim Dear who presented Governor Togiola with a ‘Recognition Award’ for exemplary leadership. And that’s not all. American Samoa also received the ‘Best Performance Award’ at the International Welcome reception, was recognized at the closing reception with an ‘Investment Destination Award,’ and lauded by the Expo as a ‘jewel discovered’ and ‘a diamond in the rough.’
Togiola was accompanied to the Expo by First Lady Mary Ann Tulafono, Executive Vice President of Inter Island Airways Barney Sene, Department of Commerce Director Faleseu Eliu Paopao, and representatives of the DOC support staff.
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