Palau Nature Works (PNW), the subsidiary of Guam Nature Works (GNW), and Aimeliik State Government have signed a Public, Private Partnership Agreement (PPP Agreement) to build Integrated Greenhouses for both agriculture and aquaculture farm operation in Aimeliik, Palau.
In the PPP Agreement, PNW obtains a 30-year lease of 50-acre land (200,000 SQM) from Aimeliik State, which will be used for both farming and tourism industry. The initial investment for the construction facilities, marketing and farm operation is 3 Million USD. PNW will be financed 2.4 million USD through a USDA Rural Development guaranteed loan.
Aerial photo of construction site (200,000 SQM)
Palau K-B bridge