Waycobah Chief to Represent Community and Region on Trade Mission to China

    WAYCOBAH FIRST NATION, NS, Oct. 23 /CNW/ - Chief Morley Googoo begins a
journey this weekend which will see him represent Waycobah and regional Mikmaq
interests during a two week trade mission in China. He is the only chief from
Atlantic Canada in a group of 100 Canadian aboriginal leaders to participate
in "RCI China-Canada Business Opportunity 2008." The two week trade mission is
organized by RCI Capital Group Inc., a Vancouver based holding company, and
the Native Investment and Trade Association. It has been specifically
coordinated to address aboriginal project financing needs in Canada.
    "It's a chance to sell and a chance to learn," says Googoo, recently
elected by acclamation to a new term as Chief of Waycobah. "Now that we've
built a solid foundation of infrastructure with new housing, a new school and
a new health centre, our council's focus for this term is on economic
development. We want to create a bright future for our youth, 90% of whom
graduate from high school (compared with 78% nationally). We will move from
programs of dependency to programs which promote independence." The trade
mission is designed for aboriginal groups interested in accessing Chinese
investment for Canadian-based resource and infrastructure projects. It will
also educate the investment community about the many environmental and
economic considerations and advantages of partnering directly with aboriginal
business interests.
    Several economic development initiatives have been identified by Chief
and Council to develop the Waycobah community, including the production of
bottled water and a tourist attraction to interpret Mikmaq culture and
history. "We have the ideas," says Googoo. "Now we want the world to know that
we're all about partnership. They may invest with us or share their expertise
with us. Just as Membertou and Millbrook set the standard for investment in
their enterprises, we seek new contacts and connections to promote development
here. That's my mission in China."
    Googoo notes that while "I represent Waycobah first," there are
opportunities for the region's other Mikmaq communities to benefit from the
trade mission. "I will learn a lot about what industries and projects are
important to the Chinese. I know that our Mikmaq partners in Atlantic Canada
have the desire and the resources to work together to meet their needs."

For further information:

For further information: For interviews or answers to media inquiries,
please contact: Chief Morley Googoo, (902) 565-2422, morleygoogoo@waycobah.ca

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