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Japan suspends funding for military expansion in Guam
![The US Navy says the suspension of funding means the bidding process for the contract, which involved establishing new headquarters for the naval base, has been suspended indefinitely. [Reuters/US Navy]](http://www.abc.net.au/reslib/201103/r732650_5919609.jpg "The US Navy says the suspension of funding means the bidding process for the contract, which involved establishing new headquarters for the naval base, has been suspended indefinitely. [Reuters/US Navy]")
Last Updated: Tue, 17 May 2011 12:09:00 +1000
Japan has decided to put on hold $US3 billion in funding it had promised for the military expansion in Guam.
The US Navy says the suspension of funding means the bidding process for the contract, which involved establishing new headquarters for the naval base, has been suspended indefinitely.
The Managing Editor of the Marianas Business Journal, Mar-Vic Cagurangan, has told Radio Australia’s Pacific Beat the US Navy says it has not received enough bids for the contract, which has confused people in Guam.
“They were saying there were not enough companies that have bidded for the projects,” Ms Cagurangan said.
“But the local companies here say otherwise, because they have been actually very impatient over the progress of this project.”
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