Journal Staff

The Guam Economic Development Authority is looking to change a local law that GEDA Chairman David J. John said has been crippling investment and land development on the island.

“We’re essentially leasing nothing,” John said. “Even the things that we came to an agreement to…we came to agreement with the business owner quite some time ago, and it’s just sitting at the legislature.”

The law GEDA aims to change is Guam Public Law 32-40, which requires special permission from the Guam Legislature for any government agency to lease a . . .

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