Formation of Vital FSM PetroCorp.
Established Pricing Policy Framework to stabilise domestic prices.
$8MM Asset Rehabilitation Program.
5-Year Strategic Action Plan with Vision and Mission.
Contract with Guam Power Authority (GPA) to manage, operate and maintain bulk storage facilities.
• 2.0MW high-speed diesel power plant installed in Pohnpei. FSM Coconut Resource Assessment completed.
• Installation of a 105.6KW Solar PV system at the Cabras Fuel Terminal in Guam.
PL18-68 enacted and Vital Coconut Development Unit established.
• $5MM + per annum in coconut industry
• Voyaging Together 2025: the 10-year Framework
• Strengthening of Human Capital
• Regional Expansion
• Increase net worth