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How Will Hawaii’s Economy Reopen & Recover from COVID-19?

I would like to thank Lesley Gabrielle-Harvey and the Hawaii Economic Association (HEA) for hosting an online event featuring Alan Oshima, Hawaii’s Economic & Community Navigator, and special guest Governor David Ige.  Mr. Oshima and Governor Ige discussed the way forward for the Hawaii economy and responded to questions from a diverse group of Hawaii economists, business professionals, and leaders.   Alan Oshima was appointed by Governor Ige to serve as Hawaii’s Economic & Community Navigator on April 8, 2020.  Mr. Oshima is charged with helping to guide Hawaii in stabilizing the economy in the midst of the economic crisis caused by the COVID-19 pandemic, getting on the road to recovery, and planning for a future economy that is more diverse and resilient.  Governor Ige selected Mr. Oshima for this position because of his reputation in the community as a dedicated leader and volunteer with a great deal of experience leading organizations to success through building a culture of innovation and customer service.   Mr. Oshima began with an update of the current status of COVID-19 measures and the economic impact.  He continued with a discussion of obstacles to getting tourism, Hawaii’s economic engine, back and up and running.  Mr. Oshima wrapped up with a brief overview of some plans to diversify Hawaii’s economy, ensuring reduced impact of similar issues in the future.

How Will Hawaii's Economy Reopen & Recover?

During this presentation Mr. Oshima also talked about the Economic & Community Recovery Navigator Website.  The website is a great source for connecting residents and local businesses to resources and the most up-to-date news and information about Hawaii’s economic recovery plans.  The site includes county-specific information as well as reopening plans.   While visiting the navigator website, I found a couple of interesting resources that I wanted to share.  There is some information in Governor Ige’s Presentation from May 18th that I had not seen before this event.  The presentation is a summary of the more detailed information in Beyond Recovery: Reopening Hawaii, which was prepared by the Office of the Governor.   I hope you find this information useful.  If you have questions about the real estate market on Oahu, please feel free to contact me.  I’ll be happy to provide any information that will help you make the best decision about next steps with your home or investment properties.


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