Monday, September 21, 2015

(1072) FIBER OPTIC CABLE BILL TO BECOME LAW (President Remengesau to sign it on Monday)

      FIBER OPTIC BILL TO BECOME LAW
(President Remengesau to Sign it on Monday)



IN A PUBLIC comment today, President Remengesau, Jr., expressed that he will be signing the bill creating a Belau Submarine Cable Corporation into law on Monday, September 21, 2015. He expressed his gratitude to all that worked toward making this very important bill become a reality.
                Belau Submarine Cable Corporation took center stage in the political arena for the past eight months with majority block of the Senate, and EPUI Committee chaired by Senator Joel Toribiong holding on to the bill, citing a need for further study.
                The bill become a topic of public debate on various forums, from coffee shops, to social media, to radio talk shows and to public conferences, with majority of the people showing support for the bill.
                Timing and funding were two major factors inciting the debate. Timing due to the funding agency’s (Asian Development Bank) loan timetable, which is set for review and approval in December and the SEA-US Cable project’s commitment timeline, which was extended to the end of this month, September 30.
                SEA-US Cable, a consortium of telephone companies laying state-of-the-art submarine fiber optic cable to Guam from Indonesia and passing close to Palau, has offered an opportunity to Palau to join in but gave Palau a deadline to commit to the project “Funding through ADB is contingent upon fiber optic cable and internet service provision management. ..  be by a wholly separate entity and not PNCC”, according to the Conference Committee Report.
                Senate passed on September 9, their version of the House Bill 9-163-16S, HD3, SD3, CDI, which deleted the Belau Submarine Cable Corporation as the authority  to own and manage the fiber cable project and transferred the authority to Palau National Telecommunications Corporation (PNCC).
                It went beyond fiber optic to expand the role of PNCC to permit and regulate all other telecom providers in Palau. House rejected the Senate’s version and bill went to Conference Committee, made up of the Senate EPUI Committee members, Senator Joel Toribiong, Senator Mark Rudimch, Senator Mlib Tmetuchl, Senator Philip Reklai and Senator Mason Whipps and House Committee of the Whole which included all members of the House.
                The report from the Conference Committee retained Senate version and the members that signed the report included Senators Joel Toribiong and Mark Rudimch, and Mlib Tmetuchl. Senator Philip Reklai signed with reservations and Senator Mason Whipps did not sign.
                House members of the Committee all did not sign except for Delegate Mario Gulibert. With this, the report was not adopted and was referred back to both Houses.
                During Senate Sessions on September 15th to discuss the bill, Senator Surangel Whipps, Jr. made a motion to create a new committee to deal with the matter since the first committee failed.
                The committee was made up of Senators Rukebai Inabo, Raynold Oilouch, Philip Reklai, Uduch Sengebau Senior, Mason Whipps, Surangel Whipps, Jr. and was chaired by Senator Hokkons Baules.
                The new Senate Committee joined the House Committee of the Whole and they approved the original version of the bill, reinstating the BSCC as the authority to own, manage and procure fiber optic cable to Palau.
                The new draft also reinstated other important parts of the bill including having the Minister of Finance as the initial incorporator of this corporation.
                This means that the work on the financing and contracting can begin immediately while new board members are still going through the appointment and approval process so that the project timetables can be met.
                Also restored is the language that states that this will not be issuing stocks but “provided that in 10 years the government may consider privatizing this corporation or establishing a public-private partnership.
                The bill added appropriation of $410,000 to secure Palau’s interest in the fiber optic submarine cable. This would enable Palau to secure its interest on the SEA-US Cable project.
                This new Conference Committee version of SB 9-163 was signed by all the members of the committee of both Houses.
                After heated contest in the Senate by original Committee members, Senator Hokkons  Baules, Senator Rukebai Inabo, Senator Uduch Sengebau Senior, Senate President Camsek Chin, Senator Mason Whipps, Senator Philip Reklai and Senator Surangel Whipps, Jr. adopted the Conference Committee Report and voted to accept the bill.
                The bill is set to become law on September 21, 2015 upon signing by President Tommy Remengesau, Jr.




THE OEK in one session day passes 2 major pieces of legislation with the approval of the milestone Belau Submarine Cable Corporation and the Fiscal Year 2016 Budget.

The chances for Palau to acquire an undersea fiber optic cable moves us closer to reality following the Obiil Era Kelulau's approval of the bill to establish the Belau Submarine Cable Corporation (BSCC) on September 15. President Remengesau is expected to sign the bill early next week.

 The bill, HB No. 9-163-16S, HD3, SD3, CD1 cleared OEK after one of the biggest policy battles of this Ninth Constitutional Government with bill's senate opposition putting 


















Sources: Island Times Newspaper
              Pages 1 & 10
              Volume 10
              No. 91
              Friday
              September 18, 2015


             Tia Belau Newspaper
             Pages 1 & 11
             Volume 24
             Issue 75
             September 17, 2015 

No comments:

Post a Comment