Investment Opportunities in the Pacific Islands

Page 18

Credit: Swire Shipping

Kiribati Kiribati is a group of 33 islands (23 inhabited) Australia, spread over a 3.5 million sq km EEZ, which is equivalent to the landmass of

Population:

108,000 (2009)

Capital: Tarawa Surface area:

811 sq km, EEZ 3.5 million sq km

Language: English/Gilbertese

New York City spread out across the width

Political status:

of continental US. The low-lying country

Nominal GDP: US$152 million (2010 est.)

faces significant challenges in the form of its

Currency:

Australian dollar (AUD)

isolation, highly dispersed population and,

Major industrial sectors:

tourism, fisheries, agriculture, remittances, copra

looking forward, climate change. Nonetheless,

Exports:

fish, copra, coconut oil, seaweed

its capacious territorial waters are abundant

Major export markets: USA, Belgium, Japan, Australia, Bangladesh

with seafood and mineral resources. Tourism is another sector of interest.

Imports:

independent republic

food and live animals, machines, transport equipment, manufactured goods, mineral fuels, beverages and tobacco

Major import markets: Australia, Fiji, Japan, New Zealand, Taiwan

Jon Jay, ‘Creations’ (painting, acrylic on canvas) Credit: Okai Oceanik Art

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© Copyright 2011 Business Advantage International Pty Ltd

located about halfway between Hawaii and


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