NMI governor to lobby for Kumho Asiana’s request for new land lease at lower rates

KAGMAN Saipan - Gov. Benigno R. Fitial will lobby the legislature for approval of a request by Kumho Asiana for a new lease agreement at lower rates. Kumho Asiana operator of the 36-hole LaoLao Bay Golf Resort is set to embark on a $79 million investment project that involves the construction of three buildings up to 12 stories high; seven two-storey villas; two swimming pools at 1 079 sq. meters each; and three tee houses. The company will also expand the resort's clubhouse and build a new staff house . . .

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