Sept. 29, 2008 – Governor John P. deJongh Jr. departed the territory on Sunday for a series of meetings in New York City with investor groups that are considering major investments in the Virgin Islands, particularly on St. Croix.
The governor will continue discussions with investors in V.I. bonds in advance of the sales of gross-receipts tax bonds for funding major capital projects across the territory and of matching fund bonds secured by revenues generated by the DIAGEO project.
During deJongh's absence and in accordance with provisions of the Revised Organic Act of 1954, as amended, Lieutenant Governor Gregory R. Francis will serve as acting governor. The governor returns to the territory on Tuesday.
