A perspective of the proposed GT Industrial Park to be build in Melekeok. (Photo from project description)

A project to build a $4-million call center facility for a Chinese blockchain insurance company is reportedly being proposed to the Melekeok State government.

The project description shared to the media identified the project as GT Industrial Park which will provide office space and accommodation facilities to around 500 Chinese employees who will work for the GT Insurance Company during the first few months of operation. The number of Chinese employees, however, is expected to eventually rise to 1,600, according to the project detail.

The GT Industrial Park is proposed to be built in Ngerubesang, Melekeok State and is said to include a small medical facility to cater to the needs of its employees.

Although the project has not taken off yet and is reportedly still up for approval by the state government, a website, http://gtdins.com, which bears the name of the same insurance company is claiming that GT Insurance was established in 2016 in Palau and is the “leading comprehensive insurance group in the Pacific.” The website also shows a picture of Palau’s mushroom-shape rock islands and provides an address at 10 Kallang Avenue, Aperia Tower 2 in Singapore.

The website also claims that GT Insurance is offering eight types of insurance and that it had already served 1,294 “satisfied customers.” (Rhealyn C. Pojas)