KOROR (Palau Horizon) – Proponents of the planned ambitious Nautilus Project in Peleliu State appealed to government, tourism and business organizations to support the multi-billion infrastructure.
Morris Davidson, Palau’s Honorary Consul to Malaysia during the meeting yesterday with the organizations said the Palau government’s assistance is needed to get the project moving by the United Kingdom Investment Holdings Limited.
UK International Holdings Limited is the Malaysia firm that is pushing the multi-million
Former president Tommy Remengesau Jr. did not approve of the project.
President Johnson Toribiong for his part said that as long as the Peleliu people supports the project, he will be behind the project.
Davidson the Malaysian government is supporting the project.
It wanted to bring world class development to Palau, including five star hotel accommodations, golf, controlled gaming, marina hub, residential and condominium properties for long-term visa holders, entertainment, restaurants, landscaped gardens and a shopping mall.
Davidson said the project will bring in $2 billion in investments to Palau.
The meeting yesterday was attended by the Palau Visitors Authority, Belau Tourism Association and the Chamber of Commerce.
UK Holdings is also backing Malaysian Airlines to service the route in Palau.
