Why would new businesses come to Guam?
For one, it’s a U.S. territory, and the island sits in a prime spot for companies looking for regional headquarters or a presence in this part of the world. Tourism continues to trend upwards, with nearly 1.6 million visitors for fiscal 2019 — the highest ever. And the buildup continues to present new opportunities, albeit slowly.
That’s plenty to attract new blood, and yet that’s not happening as much as it potentially could because of policies that seem to act more like deterrents than incentives.
One tool to help . . .