World Bank

PII struggles to get FSM payment

PII struggles to get FSM payment

GIFF JOHNSON Pacific International Inc. received a mediation award in its construction dispute with the FSM government over US government-funded road work it did in Chuuk state from 2009-2013. But the FSM refused to pay the mediation award of an initial $2 million on a total $6 million award. More recently, PII received a $9.5 […]

Solar to save RMI $$ millions

Solar to save RMI $$ millions

The new government is putting its weight behind a $20 million solar project to transform the energy situation of Ebeye and three outer islands. If it gains the anticipated donor support, the solar development will slash fuel costs now shouldered by the RMI government by several million dollars annually. “Building on great work done previously, […]