The Marshall Islands, officially the Republic of the Marshall Islands (Marshallese: Aolepan Aorokin Majel) are an islands country and a United Sate Micronesia. The Country’s population of 53,158 people is spread out over 29 coral atolls. Comprising 1,156 individual islands and islets.
Investments Opportunities
1.Agro-Industry
The agro-industry offers investment opportunities in these areas:
Marshall Islands produces coconut meal and fishmeal ‐ both excellent feed ingredients
2.Fisheries
Marshall Islands is located in the highly productive western and central Pacific Ocean, the largest tuna fishery in the world with current annual catches exceeding 1.5 million metric ton.
Its Exclusive Economic Zone (EEZ) of over 822,000 square miles has a large supply of high-grade tuna, including skipjack, yellow fin, big eye and albacore. Its strategic location has made the country an important hub for fishing operations such as transshipment, refueling and re-supply by fishing vessels.
Its pristine lagoons make it ideal for fish farming for export to close-by markets like Hawaii.
3.Manufacturing
Marshall Islands has an infant manufacturing sector with two main manufacturing enterprises – a copra processing plant which can process 15,000 tons copra & make 10,000 tons crude oil, and a loining plant whose production has been averaging 2,000 tons since 2008.
These enterprises prove that more manufacturing enterprises can be developed particularly in:
5. Services
Modern telecommunication links enables remote islands nations like the Marshall Islands to overcome the tyranny of distance and attract services industries like ship registration. Marshall Islands today has the third largest ship registry in the world, with 3,100 vessels and over 100m gross tons.
It’s one of the world’s premier quality maritime registries that is globally recognized as a modern and efficient administration and is noted for its contributions to the safety and security of shipping and efforts to protect the marine environment. The service is provided by Trust Company of the Marshall Islands (TCMI) established in 1990 by the government jointly with Virginia-based International Registry, Inc.
5.Aquaculture
The lagoons in the atolls offer pristine and protected environment for investments in the these opportunities:
6.Attractiveness of Marshall Islands
Marshall Islands has preferential market access for its seafood products to USA through its Compact Agreement with the US, and the European market through Economic Partnership Agreement
7.Hospitality & Tourism
Marshall Islands is located in the northern Pacific region of Micronesia – one of the fastest growing regions for tourism in the world – and is located between North America and Asia, two of the most productive tourism source markets.
Its one of the most isolated nations in the world, perfectly located in a tropical warm area with a large swell window and consistent trade winds.
It prides itself in being the “Pearl of the Pacific” because of its rare beauty and pearl-like atolls that make up the islands. As a coral atoll nation, one of only four in the world, the Marshall Islands offers a very unique environment and landscape, consisting of saltwater lagoons encircled by white beaches and small, lush islands – over 1,200 individual islands, 870 reef systems, 800 species of fish, and 160 species of coral
8.Renewable Energy
The Division of Energy within the Ministry of Resources and Development is responsible for the National Energy Policy Coordination and some implementation. The Division of Energy comprises of an Energy Office, one support-staff and an Australian Funded Energy Adviser.
The Framework for the National Energy Policy used for developing the national energy policy includes the following follows where improvement is required in order to achieve sustainable energy development.
Office of Commerce and Investment
+692-625-4624
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