Airai Global plans green development in Palau

Deal sealed: (Seated, from left) Airai Global vice-president Melvin Ong, president Ben Lim, Ngiratecheboet and Airai State Public Lands Authority chairman Risao R. Bausoch, together with various representatives at the signing ceremony.

PETALING JAYA: Airai Global Corp’s collaborative agreement with the Airai state government for a green economy development of Palau is expected to be a substantial revenue generator for the state.

Airai Global vice-president and chief operating officer Hayato Sugiyama said the majority of countries and islands around the Pacific Ocean are tourist-based economies and most were affected by the Covid-19 pandemic.