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Japanese companies sought to establish presence in Palau

By Pacific Island Times News Staff

Koror-- Palau President Surangel S. Whipps, Jr. met with a delegation of Japanese businessmen and Ambassador Hiroyuki Orikasa to discuss potential business ventures and processes of doing business in Palau.

They were joined by members of the Foreign Investment Board, Minister Ngirai Tmetuchl and Minister Charles Obichang.

The meeting laid the groundwork for potential business ventures and discussed the processes of doing business in Palau.

From power and energy to waste management and agriculture, the diversity of expertise was impressive.

The representatives included:

■ Mr. Ozawa Jimmi, Mr. Kondo Yuma, Mr. Sato Keiichi — Kawasaki Heavy Industries (Power and Energy)

■ Mr. Katsuura Yuichi, Mr. Sekiyama Kazuta — Nippon Basic Co., Ltd. (Waste Management)

■ Mr. Sugiura Nobuo — Blanctec International Co., Ltd. (Agriculture, Forestry, Fisheries, Food Processing)

■ Ms. Asano Yukari — Umitron K.K.(Agriculture, Forestry, Fisheries, Food Processing)

■ Mr. Murakami Taiki — Toyota Tsusho Corporation (Waste Management)

■ Dr. Nishikawa Keisuke, Mr. Tomoshige Kosuke — Qunie Corporation (Consultant for this METI project)


The FIB and Japanese investors sat down to discuss business prospects and assess the feasibility of setting up shop in Palau.

The aim is to encourage these reputable Japanese companies to establish their presence in Palau, potentially stimulating and expanding the nation's economy.


Topics ranged from the viability of hydrogen energy in Palau to the challenges and opportunities in aquaculture.

President Whipps shared valuable insights and ideas, emphasizing the importance of examining synergies between different industries and exploring innovative technologies.


As we look ahead, President Whipps expressed keen interest in the various technologies showcased by the Japanese companies and their potential application in Palau. It's clear that there's great potential for collaboration and mutual benefit between Palau and Japan.


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