CCU briefed on DoD/JBIC meetings - KUAM.com-KUAM News: On Air. Online. On Demand.

CCU briefed on DoD/JBIC meetings

Posted: Updated:

by Janjeera Hail

Guam - The Consolidated Commission on utilities was briefed this morning, on meetings that were held earlier this week between the Department of Defense and representatives from the Japan Bank for International Cooperation.   Japan is expected to provide $740 million needed to upgrade the Northern and Hagatna Wastewater Treatment Plants in time for the military buildup. 

CCU Chairman Simon Sanchez says nothing is final yet, but the outlook from the DoD was positive, adding, "They were very encouraged by the progress in their talks and they're very close to putting together a package. The most important thing to recognize is that DoD is working this out with Japan, because DoD is going to be the one to repay any kind of assistance from Japan."

Sanchez says that the DoD also committed to providing an additional $600 million to fund the remainder of the $1.3 billion total that is needed to bring the island's power and water systems up to par.

  • NEWS HEADLINESMore>>

  • EPA says they'll publish all documents online

    EPA says they'll publish all documents online

    "We had no intention in not being transparent" - this according to Guam Environmental Protection Agency Director Walter Leon Guerrero at a GEPA meeting late today. The agency recently responded to KUAM's FOIA request for documents pertaining to copious amMore >>
    "We had no intention in not being transparent" - this according to Guam Environmental Protection Agency Director Walter Leon Guerrero at a GEPA meeting late today. The agency recently responded to KUAM's FOIA request for documents pertaining to copious amMore >>
  • Store owner helps man held at knifepoint

    Store owner helps man held at knifepoint

    It was a scary moment for a man on his way to get breakfast at a Harmon store. Court documents state the victim in this case had encountered Paul Nisarafach just moments prior on the road. The victim reported Nisarafach was driving slow, so he overtook anMore >>
    It was a scary moment for a man on his way to get breakfast at a Harmon store. Court documents state the victim in this case had encountered Paul Nisarafach just moments prior on the road. The victim reported Nisarafach was driving slow, so he overtook anMore >>
  • Public auditor candidates lay out visions

    Public auditor candidates lay out visions

    The three candidates for Public Auditor appeared at a forum hosted by the Rotary Club. Outgoing Speaker Benjamin J. Cruz, Acting Public Auditor Yuka Hechanova and Dr. Doreen Crisostomo each gave an introduction, sharing their background and credentials. TMore >>
    The three candidates for Public Auditor appeared at a forum hosted by the Rotary Club. Outgoing Speaker Benjamin J. Cruz, Acting Public Auditor Yuka Hechanova and Dr. Doreen Crisostomo each gave an introduction, sharing their background and credentials. TMore >>
Powered by Frankly