Wholesale and Retails

Wholesale and Retails

The Marshall Islands rely heavily on imports for supplies of water, food, tools, and other daily needs. The Wholesale & Retail industry is the main distributor of these needs to the people of the Marshall Islands and thus makes it the most sought out and most competitive market.

Republic of the Marshall Islands: 2011 Census of Population and Housing Report states that the Wholesale & Retail accounts as one of the top industry in employing paid workers.

To date, there are over ten (10) wholesale and retail services on the island which offers goods or products ranging from food, water, home appliances, hardware and construction materials, and gardening products.

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The following are investment opportunities:

  • Fishing
  • Cold storage & refrigeration facilities
  • Fish processing & canning
  • Service center, providing vessel & net repair, refueling, wholesale & retail
  • Fishing vessels
  • Fish farming

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