{"id":777011573,"date":"2023-12-01T09:07:59","date_gmt":"2023-12-01T12:07:59","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777011573"},"modified":"2026-04-22T15:04:53","modified_gmt":"2026-04-22T18:04:53","slug":"ipi-gets-final-approval-to-start-dismantling-cranes","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/ipi-gets-final-approval-to-start-dismantling-cranes","title":{"rendered":"IPI gets final approval to start dismantling cranes"},"content":{"rendered":"\n<p>Ocean Bee has received a notice-to-proceed from Public Works secretary Ray N. Yumul.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Northern Mariana Islands.-<strong>\u00a0Ray N. Yumul<\/strong>, secretary at the Department of Public Works (DPW), has given the final approval to Ocean Bee to start dismantling <strong>Imperial Pacific International (IPI)&#8217;s three cranes<\/strong>\u00a0at unfinished buildings in Garapan.\u00a0Yumul communicated the official notice-to-proceed to Ocean Bee manager\u00a0<strong>He Quo Xiang<\/strong>\u00a0on Wednesday (November 29) for the initiation of crane removal starting this Friday.<\/p>\n\n\n\n<p>According to the contractual agreement, the task of dismantling the three cranes must be accomplished within 30 calendar days, by December 31, 2023.\u00a0<\/p>\n\n\n\n<p>During the Commonwealth Casino Commission board&#8217;s monthly meeting,\u00a0<strong>Lito Parulan<\/strong>, a spokesperson for Ocean Bee, said an assessment of the cranes had already taken place. The company is starting with tower crane No. 5, facing the Joeten Hafa Adai Shopping Center, and will then move to crane No. 6 and No. 1. Police will manage traffic, while DPW and OSHA oversee operations. <\/p>\n\n\n\n<p><strong>See also:<\/strong>&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/court-rules-in-favour-of-kan-pacific-in-payment-dispute-with-ipi\" rel=\"noreferrer noopener\">Court rules in favour of Kan Pacific in payment dispute with IPI<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ocean Bee has received a notice-to-proceed from Public Works secretary Ray N. Yumul.<\/p>\n","protected":false},"author":176,"featured_media":19434,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Ocean Bee has received final approval from the Department of Public Works to commence the dismantling of three tower cranes belonging to Imperial Pacific International (IPI) at its unfinished Garapan property in the Northern Mariana Islands. This operation, overseen by DPW and OSHA, is contractually mandated for completion by December 31, 2023, signaling further asset disposition for the distressed casino operator.","focusai_entities":"Ocean Bee, Public Works, Ray N. Yumul, Imperial Pacific International (IPI), He Quo Xiang, Commonwealth Casino Commission, Lito Parulan, OSHA, Kan Pacific","focusai_location":"Northern Mariana Islands, Garapan","focusai_target_profile":"ceo_executive (0.85), regulator (0.95), compliance_legal (0.88), operator_casino (0.75), investor_analyst (0.88), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IPI Asset Valuation Impact?","query":"What are the estimated financial implications of this asset disposition for Imperial Pacific International's remaining valuation and potential creditor recovery efforts?"},{"label":"Regulatory Oversight Efficacy?","query":"How does the Commonwealth Casino Commission assess the efficacy of its regulatory and governance frameworks in preventing similar large-scale project failures and ensuring licensee accountability?"}],"footnotes":""},"categories":[16336,157],"tags":[24134],"class_list":["post-777011573","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-imperial-pacific-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777011573"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011573\/revisions"}],"predecessor-version":[{"id":777011606,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011573\/revisions\/777011606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19434"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777011573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777011573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777011573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}