12 Oct 2011

Seaweed a potential "green gold" for Northern Marianas

11:59 am on 12 October 2011

A Guam-based technology company says seaweed could be the key to reducing the Northern Marianas' reliance on fossil fuels.

Representatives of Pacific-Green Integrated Technology, together with researchers from Taiwan, have surveyed potential areas for seaweed farming in the islands.

The company's vice-president Bang Chen says the region is a prime spot for harvesting what's known as green gold, which can be used to produce power as well as an ingredient cosmetics, food and medicines.

"Seaweed in your backyard is like you have acres of diamonds or gold and this can help local GDP increase and create more job opportunities."

Bang Chen says the company is liaising with local officials to set regulations to kick-start the industry.