The State is committed to building Hawaii into a center for business and innovation by creating an infrastructure in which to develop our scientific and technological resources. This was the fastest rate of growth since 1991. A decade ago there were fewer than 200 high-tech companies in Hawaii, now there are more than three times as many. Under Governor Cayetano, the State has established partnerships between government and private industry that have boosted the development of high technology. Diversifying Tourism With the creation of the Hawaii Tourism Authority in 1998, the visitor industry diversified and momentum was restored to the economy.
Business tourism is the fastest-growing component of our visitor industry.
The cruise industry is one of the most dramatic growth areas in tourism. The Cayetano Administration asks Hawaii lawmakers to support its plan to transform Kakaako Makai in order to create jobs and stimulate economic growth. The creation of a world-class aquarium for learning and research, where residents and visitors may experience the story of how the ocean shaped Hawaii's history and culture. The establishment of the Hawaii Science and Technology Center, where the best of Hawaii's achievements in astronomy, volcanology and biotechnology may be exhibited.