"Fitial: Full recovery ahead"
A Nursing School set up shop to train nurses. This "college" is set up in a former hotel and nurses will be able to get certified in 11 months.
While I think it is good that a business is opening I think it is a long shot to use this as an indicator that our CNMI economy is now on the upswing.
I would love to see any forecast as to the amount of money that will come to the CNMI gov't from this project. I am assuming they have a QC of some type that will minimize or eliminate most taxes. I am also assuming that the building is on Public Land and that fees for that are at around the 1% of fair market value to DPL. I am assuming that the Nurses will be housed at the facility (no rental income for other community members). I am assuming that most nurses will come from abroad, get certified and then leave so no real income generated by a newly created working member of the community.
Think the fever may be messing with the governors long term vision.
Key Lime Pie
9 years ago
