Through this process, local firms are able to network with the Asian governments and companies, and develop and strengthen relationships. At the same time, technologies and know-how of Hawaii firms are promoted. We gained first-hand knowledge of the wide range of opportunities open to Hawaii companies. While the main purpose of the visit was to conduct a preliminary energy infrastructure assessment, other possible areas of technology and service export opportunities were identified. Moreover, because electricity demand is projected to nearly double in the next five years, Hainan's Power Bureau has identified and needs assistance on several transmission improvement projects.
Additional opportunities exist for power generation expansion.
There is also keen interest in obtaining assistance in planning, design and development of power supply, transmission and energy efficiency projects, and possibly energy efficiency standards for commercial and residential building sectors. Although not many of us have even heard of this province in China, Hainan is a place of unique opportunity for Hawaii business. I am optimistic the groundwork laid in the mission to Hainan will reap substantive, positive results for Hawaii companies who take advantage of the good will that was developed and the information obtained. Hainan's unique status and the close relationships that were nurtured can be useful to Hawaii companies willing and able to take advantage of them. Who takes the opportunity to help polish it, however, remains to be seen.