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Ghosts Of Foreign Investors Go Boo |
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Written by Pio Sioa
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Tuesday, 15 July 2008 |
The fears of fly by night investors taking advantage of Samoa for a quick buck, with promises of riches for the country that never seems to materialize, are always there to haunt any offer by foreign interests to invest in the country.
The Sasina Tourist Resort uprising of public doubt is a classic example.
The Prime Minister and most of his Cabinet were there for the signing of the agreement between the investors and the village Council of Sasina.
Their presence do seem to suggest there is nothing to fear. They were obviously out to reassure the public that everything is under control.
Is it? This is the fear behind the clanging chorus of public reservations, about this mega project with the offer of millions of dollars, that will benefit not just Sasina but Samoa in the long term.
Sometimes it is hard to fault public anxiety. We have indeed been burned in the past by offers of investment that we are still waiting to see go up.
The Royal Samoa Hotel at Taumesina comes to mind readily. To this day it still remains a piece of reclaimed land with only one notable contribution to the country and that is to cover up and kill off one of the richest areas of marine life along the waterfront.
Is the Sasina deal going to be any different? Are we going to see a luxury resort pock mark the natural landscape of our big island with its outcropping of concrete, before the first 30 years run out of the 120 year lease?
The investors have indicated genuine goodwill by paying part of the lease up front to their Sasina landlords. The money or part of it has reportedly been distributed already to families in the village.
Is that enough show of goodwill?
Not according to the Tautua Samoa Party spokesman, MP Lealailepule Rimoni Aiafi.
“Open a bank account in any of our local banks and deposit at least 5% of the total cost of the project to demonstrate goodwill,” according to the Chairman of the TSP caucus.
“Sasina village should also be made shareholders of the project so they can benefit from the profits.”
These are constructive comments worth pondering without being dragged into the emotional debate by those in support and others who are not convinced.
The challenge for Sasina and the investors is to turn the project into a success. By doing so it could be looked at as a model of development for similar under takings for the country to follow in the future.
Realistically, it may be a while before this will bear out, but it does raise new concerns that will agitate and continue to create more uproar.
Where do we draw the line on huge multi million tala projects like this, if more villages are inspired to follow the Sasina lead?
How will having more resorts of this size impact on our popular beach fale tourism?
Maybe the asking of questions is the easy part, getting the answers will probably require having a crystal ball for Parliament to tell what lies in the future.
But if we can afford to, maybe it is best if we sit back and allow the terms and conditions of the agreements to play out and see if they stand up to the test of time.
Hopefully the framers of this agreement live long enough to celebrate the success of what they have committed the Sasina village to .
By the same token, hopefully they will live long enough to suffer the consequences of their shortsightedness and for inspiring the ruin of our customs, culture, environment and for turning Samoa into a land of waiters and waitresses.
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I have written before and it was not printed - Take a lesson from Hawaii - do your homework! Do not sign away your family's/PEOPLES legacy - the lands in hawaii were taken illegally and never given back per se - the Hawaiians are the poorest in their OWN COUNTRY!