Aquaculture

Aquaculture

The lagoons in the atolls offer pristine and protected environment for investments in the these opportunities:

  • Pearl farming
  • Clam farming
  • Oyster farming
  • Trochus shell farming
  • Coral farming
  • Lagoon cage culture
  • Offshore lagoon cage culture
  • Tuna ranching & fattening in cages and
  • High-tech production techniques such as aqua pods

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.

The following investment opportunities are:

  • Agro-Industry
  • Deep-Sea Mining
  • Fisheries
  • Hospitality/Tourism
  • Manufacturing
  • Services
  • Renewable Energy
  • Wholesale and Retails

Marshall Islands is an active member of the:

  • Parties to the Nauru Agreement (PNA);
  • Pacific Islands Forum Fisheries Agency; and
  • Western & Central Pacific Fisheries Commission

Majuro has the necessary infrastructure and facilities for fishing activities, including:

  • A deep-water harbor with container handling facilities,
  • A fish based complex equipped with bulk icing facility,
  • A 10 million liter bulk fuel storage bunker facility,
  • Regular international shipping service, and
  • An international airport with regular direct flights to Guam & Honolulu

Current investors include:

  • Luen Thai Fishing Venture, a subsidiary of Luen Thai International Group of Hong Kong
  • Koo’s Fishing Company of Taiwan
  • Shanghai Deep Sea Fisheries Co Ltd of Shanghai, China parent company on Pan Pacific Foods – exports 2,000 metric tons of semi processed fish per year since 2008
  • Hukilau Foods of Honolulu, a subsidiary of Kauai’s Grove Farm Co.
  • Diamond Head Seafood Company of Hawaii