Guam Comprehensive Economic Development Strategy (CEDS) 2020-2025

Country

The economic growth and prosperity of our island and its people are utmost important to this current Administration. Achieving sustainable economic growth and a resilient economy requires a comprehensive and a community-driven approach that incorporates the ideas and thoughts of our people.  This innovative strategy-driven report was generated through collaborative efforts of the Guam CEDS Committee members, government of Guam agencies, municipal and corporate leaders, private business owners, non-profit organizations, and community interest groups that shared a common goal of positive and sustainable economic growth for Guam and its people.

The CEDS plans to diversify the economic which is currently highly concentrated on the tourism and defense sectors. The projects herein examine the viability of new industries including the telecommunications, aquaculture and reviving the agricultural industry.