by Nick Delgado
Guam - Legislation was introduced today that would ensure the Port Authority of Guam is not privatized, leased or sold. Senators Tom Ada and Rory Respicio introduced bill 79 that would repeal existing law that allows for the Port to enter into public-private partnership to contract terminal operations and maintenance.
Ada states, "While Public Law 27-60 was well intentioned in seeking an infusion of private capital to upgrade and manage the Port through a PPP, we want to prevent the full privatization of the Port. It's important that Port will always remain a public asset given the crucial service it provides."
All three port board nominees during their confirmation hearing this week stated that they are not in favor of port privatization