A $45 million capital was built in the Pacific and stayed empty
13:32
MSNPlaces
A $45 million capital was built in the Pacific and stayed empty
The capital of Palau was built to modernize the country and create a central hub for governance. But with no residential development and limited infrastructure, it never grew beyond a government complex. Most of the population remains elsewhere, and daily life continues far from the official capital. It’s a rare case of a capital city without ...
3 weeks ago
Palau Scuba Diving
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“Here’s a striking statistic that should capture every investor’s attention: of all the financial flows to the Pacific region, only 3% comes from private sources. This means global private capital is missing some of the world's most promising investment opportunities. … The question isn’t whether you can afford to invest in the ocean—it's whether you can afford not to. While governments subsidized fossil fuels to the tune of $1.1 trillion in 2023, sustainable ocean economies struggle for a fract
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