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Investment Opportunities in the Pacific Islands - 2012


Contents Trade Commissioner’s Welcome About Pacific Islands Trade & Invest The Pacific Islands Economy

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Investment Opportunities by Country

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Cook Islands 10 Fiji 13 Federated States of Micronesia 17 Kiribati 20 Marshall Islands 23 Nauru 25 Niue 27 Palau 30 Papua New Guinea 33 Samoa 36 Solomon Islands 39 Tonga 42 Tuvalu 47 Vanuatu 49 Credits 53 Map of the Pacific Islands 55


Publisher Information Designed for Pacific Islands Trade & Invest (PT&I) by Pixelo Design 2012

www.pixelo.com.au

This publication is available online at www.pacifictradeinvest.com All enquiries relating to this publication should be directed to investment@pacifictradeinvest.com Š 2012 Pacific Islands Trade & Invest (PT&I)

Artist Information The works of the Pacific Islands-based artists appearing throughout this publication were displayed at the Maketi Ples exhibition and are not for reproduction. Maketi Ples is an annual event, hosted by Pacific Islands Trade & Invest (PT&I), which aims to showcase the diversity and creativity of the Pacific communities. All original artworks found within this document are for sale. Please contact Ruth Choulai at Pacific Islands Trade & Invest (PT&I) Sydney for more information on +612 9290 2133, or ruth.choulai@pacifictradeinvest.com

Disclaimer The information in this publication (Information) is for general information purposes only. The Information does not constitute an advice, advertisement, invitation, offer, solicitation, prospectus or a recommendation by Pacific Islands Trade & Invest (PT&I) nor any of its employees, contractors or officers to buy or sell any product or security or to offer any investment or financial service or facility by Pacific Islands Trade & Invest (PT&I). You should seek professional advice and undertake appropriate due diligence before making any investment decisions. Pacific Islands Trade & Invest (PT&I) endeavours to ensure that the Information is up-to-date at the time of publishing, however: (a) Pacific Islands Trade & Invest (PT&I) does not make any express or implied representations or warranties regarding the Information; (b)Pacific Islands Trade & Invest (PT&I) does not accept any liability, for any reason whatsoever, for any loss, claim, action or damage which may arise in any way from: (i) use of the Information; or (ii) errors in, or omissions from, the Information; (c) Pacific Islands Trade & Invest (PT&I) is not responsible for the content of any websites reference to any specific investment, product or service, whether by trade name, trade mark, manufacture, or otherwise, does not constitute an endorsement, verification or recommendation by this publication or Pacific Islands Trade & Invest (PT&I); (d) Pacific Islands Trade & Invest (PT&I) does not endorse any business or investment opportunities featured in the Information; (e) the Information should not be construed as investment, legal, financial or professional advice of any type whatsoever; and (f) each and every part of the publication must be read in conjunction with this disclaimer. The distribution of the Information in jurisdictions outside Australia and New Zealand may be restricted by law. Any failure to comply with these restrictions may constitute a violation of the laws of an applicable jurisdiction. International investors are reminded of the risks inherent in international investments, such as currency fluctuations and economic conditions, which may adversely affect the value of the investment.


Trade Commissioner’s Welcome

The Pacific Islands region is as geographically vast as it is culturally diverse. Spread across 14 countries, 6 time zones and 3 subregions, investors are spoilt for choice. The region spans countries as large as Papua New Guinea with about 7 million people and bountiful natural resources including minerals, oil, gas, timber, and fish through to tranquil island states like Niue, with just over a thousand inhabitants and a tourism sector still in its infancy. Indeed, the investment opportunities found here are as diverse as the region itself. While the region is characterised by its diversity, it is also bound by many similarities. For one, the Pacific Islands people are hospitable and welcoming of new opportunities, markets and business practices. Secondly, the countries are all endowed with an abundance of natural resources – minerals, fisheries, forestry and fertile soils. Thirdly, the 14 countries all enjoy immense tourism potential, open for further development.

One of the most peaceful and beautiful regions on earth

When it comes to tourism, the Pacific Islands have a natural comparative advantage, and is a platform upon which the region can compete internationally. This is evident in the record 2011 arrivals growth in the Cook Islands, Fiji, Palau and Samoa. Increasingly, the groundwork laid by the 2003 Pacific Islands Air Services Agreement (PIASA) has led to further deregulation of the aviation sector. Without this, the entry of the Virgin Group in seven new Pacific Islands markets would not have been possible, nor would the route expansion of many of the regional flag carriers. The future is also looking good for cruise tourism – in 2012 Vanuatu will welcome some 100 cruise ships to its waters. However, underpinning these successes is the region’s natural beauty and effortless hospitality that truly provide the scope for future growth.

A region of raw and untapped potential

The Pacific Islands, and particularly the larger Melanesian countries, are awash with natural resources. It is from these that entrepreneurs have the opportunity to capitalise on the growing global demand for high quality organic and fair trade products. The region’s burgeoning organic sector offers excellent prospects for growers and exporters, especially in premium products like cacao, coffee, pepper, vanilla and virgin coconut oil. The Pacific’s geographic isolation from the traditional European and North American markets has always been a disincentive to investment. While this may have been the case in the past, the future of global economic growth will emanate largely from Asia and despite the relatively small size of Pacific Islands economies, the proximity to Asia does provide real prospects and opportunities for growth in trade between Asia and the Pacific.

Close proximity to the emerging economies of Asia

Technology is also playing a part in addressing the geographical isolation of the region. A number of recently inked deals for the laying of undersea fibre optic cables, the liberalisation of telecom sectors and the reach and affordability of mobile phone services have all made significant improvements in digital inclusion. Beyond simple personal communication, mobile telephony in the Pacific has grown to be an invaluable business tool for banking, checking commodity prices, currency transfers and online marketing. One only needs to look as far as Digicel to see that further investment in ICT offers incredible potential for social and economic development in the Pacific. While the Pacific Islands are among some of the least developed countries on earth, we invite investors to explore the region and discover firsthand, it’s untapped, raw potential and many distinct natural advantages. It gives all of us at Pacific Islands Trade & Invest great pleasure to present the second annual ‘Investment Opportunities in the Pacific Islands’ publication to you and we look forward to welcoming your business to our region.

Mr Adam Denniss Trade Commissioner Auckland, New Zealand

Mr Sam Savou Trade Commissioner Beijing, China

Mr Caleb Jarvis Trade Commissioner Sydney, Australia

Mr Kanichiro Sohma Director, PIC Tokyo, Japan

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About Pacific Islands Trade & Invest Pacific Islands Trade & Invest is the region’s leading export facilitation, investment and tourism promotion agency. As an arm of the Pacific Islands Forum Secretariat based in Fiji, we focus on export-capable businesses and the international promotion and support of exporters in Pacific Island countries. We are the only Pacific Islands agency tasked by leaders to develop, grow and promote industry and the businesses of all 14 Pacific Island countries in export, investment and tourism promotion across international markets.

By facilitating successful partnerships between the private sector and government agencies, and between exporters and overseas buyers, we are able to extend the potential of our service offering and the business outcomes for our clients. Our partnership philosophy is based on effective communication, capacity building and a commitment to developing and strengthening relationships for sustainable economic growth in the Pacific region. Our work would not be possible without the support of our strategic partners including:

Our offices in Auckland, Beijing, Geneva, Sydney and Tokyo work with exporters from the Pacific Islands to promote their products and services as well as attract investment to Pacific Islands businesses.

• Pacific Island governments

We do this by:

• Donors

Developing export-capable businesses

Promoting and connecting export-ready businesses

Promoting investment-ready businesses

Facilitating the marketing of niche Pacific Island tourism services and products

Introducing potential investors to the Pacific Islands

Providing promotional support, networks and technical expertise

Facilitating shared understanding between markets

• Governments of Australia, China, Japan and New Zealand.

• Multilateral agencies • Non-government organisations • Regional organisations

• Associations • Service providers

CONTACT DETAILS: Auckland

+64 9 529 5165

Beijing

+86 10 6532 6622

Sydney

+612 9290 2133

Tokyo

+81 3 5259 8419

Email investment@pacifictradeinvest.com Web

www.pacifictradeinvest.com

OUR VISION We work together to create greater international opportunities for Pacific Islands businesses in order to build a better future through more sustainable communities and greater prosperity.

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OUR MISSION To contribute to the sustainable economic development of the Pacific Islands countries, by creating opportunities for successful connections for exporters, investors and stakeholder organisations.


The Pacific Islands Economy The 14 Pacific Islands countries are scattered across the vast Pacific Ocean – a body of water that covers nearly a third of the earth’s surface. These islands are divided into three distinct regions reflecting geographical and cultural commonalities between the peoples; Micronesia lies North of the equator, Polynesia is spread across the Central South Pacific and Melanesia is South of the equator and in the Western Pacific. While generally small in population and distanced from traditional markets, the region offers a number of unique opportunities for global investors. Indeed foreign and local businesses are finding opportunities in areas such as tourism, information and communications technology, fisheries, agribusiness and mining, to name a few. TOURISM

The Pacific Islands have outstanding natural tourism assets. One need only imagine the region to conjure up images of thriving traditional cultures, clear lagoons, white sandy beaches, pristine coral reefs, dense tropical jungles and year-round warm weather. Indeed, tourism is one of the key economic sectors with which the Pacific Islands have a comparative advantage, allowing some of them to compete on an international stage. Niche sectors such as agricultural tourism, volunteer tourism, adventure tourism, science and education based tourism, health and wellbeing tourism are also growing in importance. In 2005, tourism to the region was valued at over U.S.$ 1.5 billion. However, this figure would have grown significantly since then. Indeed, in 2011 the Cook Islands, Fiji, Palau and Samoa all enjoyed record arrivals growth. This growth has been brought about partly by the beginning of a process of deregulation in the region’s aviation sector stemming from the 2003 Pacific Islands Air Services Agreement (PIASA). The Virgin Group’s entry into the market in 2004/5 has significantly enlarged the arrivals base in the markets in which they operate (Fiji, Solomon Islands, Vanuatu and Papua New Guinea, Tonga, Samoa, Cook Islands). Palau and other countries have also experienced a significant boost in air arrivals, with Palau now hosting 6 international airlines connecting it with Taiwan, Korea and the US. Clearly, the tyranny of distance which has long hindered the Pacific’s international engagement is diminishing as the driving force of global economic activity moves towards the Asia Pacific.

“ In 2005, tourism to the region was valued at over US$ 1.5 billion” Cruise shipping also flourishes in the region. The Pacific Islands are in the top 10 cruise destinations in the world, reflected in the fact that in 2012, 100 cruise ships will visit Vanuatu bringing with them an additional 200,000 visitors, while Fiji expects 72. Samoa, the Cook Islands and Tonga have also experienced a surge in cruise ship numbers over the past few years. The region’s leading cruise operator, Carnival Cruises, has announced that it will include Papua New Guinea on its itineraries as part of a joint marketing initiative with Cairns (Australia) and that a series of cruises will begin stopping in PNG in late 2013. It is clear that there is massive scope for growth in this area of tourism, and with further investment in cruiserelated infrastructure and services; cruise shipping will remain a significant driver of tourism to the Pacific Islands. Tourism investment has also been steady, despite the global economic slowdown.

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Continued • • • •

Warwick International Hotels has reached another milestone in the Pacific with the acquisition of the 109 room Tokatoka Resort Hotel – its 4th hotel in Fiji. Warwick has also indicated its desire to develop several other properties throughout Polynesia. Acquisition of the Royal Tonga International Hotel by New Zealand’s Scenic Hotel Group. Lamana Group (PNG) is building a US$50 million hotel on Taumeasina Island in Samoa, which follows its successful Heritage Park Hotel development in Honiara and joint venture redevelopment of the Grand Pacific Hotel in Fiji. Opening of the 160-room, US$95 million Grand Papua Hotel by Steamships Trading Company.

Typically, land issues have hindered the region’s ability to expand the tourism industry – in most Pacific countries, customary land accounts for over 80% of all land ownership. Land reform is a contentious issue, and will remain an impediment to investment unless effective legal and regulatory frameworks are put in place. Furthermore, infrastructure weaknesses have dampened investment. However, regional development agencies and national governments are working to improve this. Ports are being developed, airports improved and roads paved. Tourism will inevitably be the catalyst for wider economic development in the region and will be increasingly focused on the growing markets in Asia. INFORMATION AND COMMUNICATIONS TECHNOLOGY

It is widely accepted that Information and Communications Technology (ICT) is a powerful tool for social and economic development. Through improving access to information, ICTs have the ability to enhance and empower business, reduce operational overheads and improve marketing and distribution, while also stimulating new industries and opportunities. ICT across the Pacific has been mired and outdated for a long time. As Business Advantage observed back in 2009, “It is a sad irony that in the region of the world most in need of telecommunications services, those services are hardest to provide. With its highly fragmented geography, challenging topography and small, dispersed populations, the provision of telecommunications services has been a thankless task over the years”. Indeed, over the years, the region has been characterised by low investment in networks and outdated or absent regulatory frameworks at the national level. This has been due to monopolistic strangleholds by incumbent providers. However, the past 5 years have seen a liberalisation of markets, and the region has forged ahead in leaps and bounds. Digicel, a Jamaican headquartered mobile phone network provider is largely to be thanked for this. Entering the Samoan market in November 2006, Digicel has since become the fastest-growing mobile operator in region and has expanded to 5 additional Pacific Islands markets – Fiji, Vanuatu, Papua New Guinea, Tonga and Nauru. Digicel aims to invest in networks to provide close to 100% population coverage, bringing mobile services to local and rural residents that never before had the option of mobile communications. It has recently launched a mobile wallet service, as well as other innovative products. The launch of a 4G mobile broadband network in the country promises faster and more reliable internet connections to its customers.

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Continued Internet connectivity in the Pacific Islands is also improving. Perhaps the most significant challenge to internet usage in the region has been minimal access to high quality internet connections. This means not only fast connections, but physical infrastructure that can withstand the often violent Pacific weather. Connecting to the Southern Cross Cable has been a solution for at least three of the countries. The Southern Cross Cable is the main undersea fibre optic link between Australia and the US (with a hub in Fiji).

“Internet connectivity in the Pacific Islands is also improving ” Over the coming year, two additional Pacific Islands nations will be connecting to the network - Vanuatu and Tonga. Vanuatu based IT company Interchange and French telecommunications major Alcatel-Lucent, will lay and operate the US$60 million, 1,230 kilometre system. Secondly, and thanks to funding from the Tongan government, Asian Development Bank and World Bank, Tonga will lay 827 km of cable, at a cost of US$34 million to connect in 2013. Connection to the network will provide both countries with affordable, accessible ICT services. Indeed, it will help businesses expand and create jobs in interesting new sectors such as offshore business support and IT. Even the smallest Pacific Islands see the advantage of internet connectivity for future prosperity. On the tiny island nation of Niue, a completely solar powered Wi-Fi station at a location off the power grid in an outer village has been providing free internet connectivity to the entire country since 2003 – the first such project of its kind anywhere in the world. In 2008, Niue was the first country to have a laptop for every child of school age as part of the One Laptop per Child (OLPC) project. As such, computer literacy is high, presenting interesting opportunities in offshore business services and IT. FISHERIES

The Pacific Ocean is the largest body of water on Earth. Scattered throughout the vast Central, South and West are the 14 Pacific Islands nations, many of which have colossal Exclusive Economic Zones (EEZ) and access to some of the world’s most well-stocked fisheries, brimming with tuna and related pelagic species. Testament to this abundance is the fact that over 50% of the world’s tuna is caught in the South Pacific Ocean. Pacific Island countries have however, failed to fully capitalise on their fishing potential and regional leaders have acknowledged the importance of maximising the economic benefits from fisheries to support sustainable economic development. Currently, a number of Pacific countries rely on fishing licenses for GDP. However, license fees paid by foreign fishers provide only a fraction of the value of the catch. In 2009, Greenpeace estimated fishing licenses equated to about 6% of the value of the fish caught in the Pacific Islands’ territorial waters. Pacific countries are missing out on the greater profits that could be generated from value adding and domestic based processing. There is significant opportunity for Pacific Islands to move towards a commercial and export-driven fisheries sector. Greater investment is needed to add as much value to the fish caught in Pacific waters as possible. Some Pacific countries have already swooped on this potential. Earlier this year, for example, the Papua New Guinean government signed a tripartite joint venture agreement between themselves, Nambawan Seafoods and Niugini Tuna with the aim of boosting the output of the fisheries sector and spurring economic growth. A US$27.9 million integrated fisheries development project is being developed to encourage onshore tuna processing (fishing, loining, canning and fishmeal processing) in the country. It is expected that this will provide spin-off local fishing development as well as businesses

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in repair services, airfreight, surface freight, financial services, trading and retail outlets. In the Solomon Islands, recent legislation change has sought to prioritise licensing for foreign fishing companies that invest in the country, on the understanding that they would then offer more employment opportunities for locals. With this new legislation in place, it is estimated that an additional 500 jobs will be created as the licences will enable Soltai (the government owned tuna processing company) to increase its production of tuna products. Fish landed in Solomon Islands will be first processed and then exported thereby substantially increasing the country’s foreign exchange earnings and improving its balance of payments. Regardless of the commercial opportunities present in the region, Pacific Island leaders have indicated the importance of balancing the commercial imperative with sustainability. Indeed, leaders have expressed concern about the damaging effect of illegal, unreported and unregulated fishing on the sustainability of fish stocks and economic returns to the region. AGRIBUSINESS

Many countries of the Pacific region are agrarian societies in which agriculture provides the vast majority of employment and livelihoods. This is unsurprising, given the ideal growing conditions – thanks largely to their volcanic soils and plentiful sun and rain. The challenge lies in creating agriculture that is commercial and export driven, rather than subsistence only – a problem stemming from a lack of industrial-sized farm lands. Despite this, some countries offer significant agricultural potential, particularly the Solomon Islands, Vanuatu, Papua New Guinea, Fiji, Samoa and Tonga.

“ Successful cash crops include copra, coffee, cacao, vanilla, sugar and palm oil ” The most successful cash crops in the region include copra, coffee, cacao, vanilla, sugar and palm oil. Rising global commodity prices have meant that farmers cultivating these crops have enjoyed excellent returns over the past few years. However, similar to the fisheries sector, countries of the Pacific need investors to assist them to add as much value to commodities prior to export as possible. Some businesses are successfully doing this. Some examples include Goroka Coffee (PNG), Venui Vanilla (Vanuatu) Amruqa (PNG), Niue Vanilla (Niue), Kaiming Agro Processing (Fiji). An area in which the Pacific Islands have a huge competitive advantage is the trade and export of Virgin Coconut Oil (VCO). The oil is a product that can easily be processed further into value-added products such as soaps and lotions and traded by grassroots communities. These organic and grassroots agricultural commodities, while more labour intensive than industrial farming, are well-suited to higher end markets. Regional leaders have committed to support the development of such niche, high value products especially in Fair Trade and organic categories. To create value added propositions, further investment in strong brands is needed to differentiate Pacific Island products from competitors. Entrepreneurial exporters are increasingly taking advantage of the pristine and exotic images and engaging stories behind the region’s countless and fertile smallholdings. In addressing the issue of sustainability in food growing practices, the Cook Islands, in partnership with Pacific Islands Trade & Invest and Australian Scientist, Dr Wilson Lennard, have developed a range of aquaponics systems, designed for integration into Pacific Island communities as a means of addressing food security and catalysing agribusiness in the region. Phase one (currently under way in Rarotonga) is to construct and demonstrate the potential for commercial-scale aquaponics. It is planned that this technology will be introduced to other island groups in the South Pacific region in the coming years and offers an attractive investment avenue.

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Continued MINING

The Pacific Islands region is a major mineral exporter, particularly gold, copper and nickel, as well as natural gas. While Papua New Guinea holds the most mineral reserves, Fiji, the Solomon Islands and Tonga all have growing extractive industries. And most countries of the region have interest in seabed exploration for undersea deposits. Recent developments in the region show a promising future. Fiji has welcomed prospecting by Russian-headquartered Rusal, the world’s largest producer of aluminium into the region, which is interested in the significant Fijian bauxite deposits. Further to this, the privately owned Chinese aluminium group, Xinfua, have started a bauxite operation on Vanua Levu, Fiji’s second-biggest island.

“ The Solomon Islands’ gold and silver production is expected to double in 2012” The Solomon Islands’ gold and silver production is expected to double in 2012 and the Gold Ridge mine is set to singlehandedly contribute 2.3% to total national economic growth. Indeed, some 15 new applications for foreign direct investments in mineral prospecting projects were also received last year and are being considered. PNG is justifiably known as the minerals and petroleum capital of the region. Ok Tedi copper mine, Lihir and Porgera gold mines, Ramu Nickel, and the Frieda River copper and gold operations are just a few of the larger projects under way in PNG. The mother of all projects, however, is the massive US$15 billion ExxonMobil LNG project in the Southern Highlands. This project alone will double the country’s GDP and pave the way for the emergence of ancillary businesses. PNG’s success in mining operations comes largely from its land size – the biggest of the Pacific Islands. However, beyond terrestrial mining opportunities lies the potential for undersea mining – an appealing prospect for many of the smaller countries with jurisdictions over large open seas. Again, PNG dominates the region in terms of seabed mining activity, particularly with the presence of Canada-based Nautilus Minerals and its Solwara 1 project, located in the Bismarck Sea (set to commence operations next year). Nautilus already has around 154,000 square kilometres of undersea tenements, and a further 373,000 under application in the waters of Fiji, PNG, Solomon Islands, Tonga, Vanuatu and New Zealand. Various other international mining companies have put forward applications for undersea prospecting in the Cook Islands, Solomon Islands, Fiji, Kiribati, Nauru, PNG, Tonga and Vanuatu. The Secretariat of the Pacific Community’s (SPC) Applied Geoscience and Technology Division (SOPAC) reveals sea mineralisation is occurring throughout most Pacific countries, from as far north as the Marshall Islands and the Federated States of Micronesia to Kiribati, Tuvalu, all the way to Samoa and Niue.

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Investment Opportunities by Country Other Content

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Cook Islands

The Cook Islands are located in the ‘Heart of Polynesia’ and comprise fifteen islands spread between French Polynesia (Tahiti) and Fiji. The Cook Islands offer a good degree of political stability and the government operates in a self-governing “free association” with New Zealand. This arrangement offers Cook Islands citizens access to first-class health and education services and a stable currency (NZD). A premium tourism offering is the mainstay of the economy with arrivals growing to a record of more than 100,000 visitors in 2011, assisted by direct flights from Australia, New Zealand, Tahiti and the USA. The Cook Islands levies limited or no tax on a number of items and offers investment opportunities in off-shore trusts & finance corporations, tourism services, agricultural exports, fisheries, and black pearl farming.

Country Profile

Cook Islands

Population

25,600 (2011)

Capital City

Avarua

Surface area

240 square kilometers

Business Language

English (official), Cook Islands Maori

Currency

New Zealand Dollar (NZD)

Nominal GDP

US $206.5 million (2009)

Major Industrial sectors Pearl industry, fruit processing, tourism, fishing, clothing, handicrafts Exports

Pearls, pawpaw, clothing

Major export markets

Japan, New Zealand, Australia (2009)

Imports

Food, animals, machinery, mineral fuels

Major import markets

New Zealand, Fiji, Australia (2009)

Highest Point

652m

Rainfall (annual)

2,040mm

Investment Agency

Cook Islands Business Trade Investment Board

www.btib.gov.ck

Loretta Reynolds iTangaroa, acrylic on canvas

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Investment Opportunities : Cook Islands Muri Beach Villa Sector : Tourism/Leisure Location : Muri Beach, Rarotonga Description :

Situated on the picturesque beachfront of Muri Lagoon, close to the Pacific Resort and adjacent to Flame Tree Restaurant, the Muri Beach Villa offers a quality, spacious private holiday experience right on the ever-popular Muri Lagoon. The contemporary Pacific design and location provide the perfect setting for special holiday getaways for a discerning market. The 3 bedroom villa offers 3 large airconditioned bedrooms and two bathrooms. An extensive outdoor terrace runs across the front of the Villa and links with the terracing around the private swimming pool. The villa also features a fully equipped kitchen, laundry, dining area as well as large plasma TV; surround theatre system, satellite and stereo equipment. WiFi is available. All chattels are included in the sale price. Investors are invited to take advantage of the sale of this slice of paradise on the Cook Islands’ most popular beach.

Investment Size : NZ$1.5 million Online : www.muribeachvilla.com

Pacific Springs Ltd Sector : Manufacturing Location : Rarotonga Description :

Pacific Spring Limited is a 100% Cook Islands-owned beverage company located on the main island of Rarotonga. The Cook Islands has a population of approximately 13,000 residents with Tourism, its main economic driver, greeting over 100,000 visitors annually. Pacific Springs Ltd is ideally positioned to service both the local and tourism markets. Pacific Springs Ltd’s core business is bottled water and carbonated soft drink under the Vaima and Vaiora brands, serving the business and consumer market in Rarotonga and some outer lying islands of the Cook Islands. All investment enquiries are welcome.

Investment Size : Negotiable

Samade on the Beach Sector : Tourism/Leisure Location : Ootu Beach, Aitutaki Description :

Samade on the Beach, sprawled across 4737sqm of land is situated on the white sands of Ootu (meaning full moon) Beach on the south eastern point of Aitutaki in the Cook Islands. Ootu Beach overlooks the turquoise Aitutaki Lagoon and offers the best swimming on the island. The lagoon directly off our beach has a soft sandy bottom with both deep and safer shallow waters and is the launching point for daily tours to the offshore islets for snorkelling, turtle watching and island hopping. Only metres from the lagoon, Samade has 12 stand alone bungalows, and a popular beach bar and restaurant which has been in operation for 12 years. As it is located on the finest spot in Aitutaki, it offers incredible opportunities for improvement. The Cook Islands are undergoing record tourist arrival growth, and equity investment in Samade on the Beach would allow a potential partner to share in this growth. Included in the price is a significant list of chattels and the 4 bedroom residential dwelling at the rear of the property.

Investment Size : NZ$1.6 million Online : www.samadeonthebeach.com

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Investment Opportunities & Case Study : Cook Islands Club Raro Resort Sector : Tourism/Leisure Location : Avarua, Rarotonga Description :

Sitting on 11,000sqm of waterfront property with long land leases and minimal rentals, Club Raro has been hosting international travellers, business people and holidaymakers for many years and is arguably Rarotonga’s most popular economy resort. The property is ideally located on the pristine lagoon, and is close to the main town of Avarua, which is convenient for business travellers and tourists alike. This 64 room hotel also includes a restaurant, conference centre, three bars, lounge, swimming pool (with swim up bar), tennis court, offices and manager’s accommodation and appeals to those travelling on a budget but seeking a full service resort. The million dollar turnover can be easily increased and the property can be managed by a husband and wife team with existing staff.

Investment Size : NZ$3.75 million Online : www.clubraro.co.ck

Investing in Pacific art themed boutique tourism Julie Ankers, New South Wales President of Women Chiefs of Enterprise and owner of Statement Pieces designer jewellery launched her new “Statement” brand at Maketi Ples 2012, the three-week art exhibition celebrating Pacific Islands art and artists organised by PT&I in Sydney. Statement Journeys has been established to provide “travel for the discerning collector” to organise tours for like-minded people who are interested in collecting everything from highly memorable experiences to “one-off” pieces of artisan jewellery and authentic indigenous wares. Another reason Ms Ankers says she formed Statement Journeys was because often her friends had nobody to go travelling with them and didn’t want to join a group just for the sake of it. Common interests and love of beauty were high on the list of expectations. “Not all of my friends wanted an active holiday, some just wanted to visit artisans and see their work and relax over a glass or two of wine in the evening with beautiful food waiting in the wings,” she says. “This is one reason why I started Statement Journeys and the Cook Islands as our first destination. It is paradise,” she says. Online : www.statementpieces.com.au

Want to know more? Email us : investment@ pacifictradeinvest.com

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Fiji

Fiji, known as the ‘Crossroads of the Pacific’, is made up of more than 330 islands, only a third of which are inhabited. Neighbouring the Fiji Islands are New Zealand to the south, Vanuatu to the west and Tonga to the east. Fiji is one of the more developed Pacific Islands economies and boasts a thriving tourism industry, which welcomed a record 700,000 visitor arrivals in 2011. Following recent political turmoil, a return to parliamentary democracy is slated for 2014. The sugar and garment industries that once drove this island nation are making way for new markets in other economic sectors as well as in the island’s rapidly emerging sectors like ICT and integrated resort development. The islands have an educated workforce and access to a number of national and regional universities. Fiji has a long and positive track record in attracting investors from all over the world, many of whom have re-invested in multiple projects in Fiji.

Country Profile

Fiji

Population

900,000 (2010)

Capital City

Suva

Surface area

18,376 square kilometers

Business Language

English (official), Fijian (official), Hindustani

Currency

Fijian Dollar (FJD)

Nominal GDP

US $3.4 billion (2011)

Major Industrial sectors

Tourism, sugar, clothing, copra, lumber, small cottage industries

Exports

Agribusiness, sugar, garments, gold, timber, fish, services

Major export markets

Singapore, Australia, United Kingdom (2009)

Imports

Manufactured goods, machinery and transport equipment, petroleum products, food chemicals

Major import markets

Singapore, Australia, New Zealand (2009)

Highest Point

1,324m

Rainfall (annual)

1800mm to 3000mm depending on location

Ease of doing business

77 of 183 (June 2011 est.)

Investment Agency

Investment Fiji

www.investmentfiji.org.fj

Abraham Lagi Love Is (detailed), acrylic on canvas

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Investment Opportunities : Fiji The Pearl Resort Sector : Tourism/Leisure Location : Pacific Harbour, Viti Levu Description :

The Pearl Resort is located on a beautiful private beach at Pacific Harbour – on the popular Coral Coast only 1.5 hours drive from Nadi International Airport. The Pearl is a successfully operating beachfront resort with 78 rooms, spa, marina and an 18-hole championship golf course set on more than 205 acres (83 hectares). The resort presents the ideal foothold into Fiji as an existing, operating and successful tourism property with marina and development options. The resort is located on a beautiful private beach on the main island of Fiji and has available land adjacent for the future development of residential villas. The Pearl is currently priced to sell.

Investment Size : NZ$20 million Online : www.thepearlsouthpacific.com

The Crab Co. Of Fiji Ltd Sector : Fisheries Location : Suva and Navua, Viti Levu Description :

The Crab Company of Fiji Ltd operates a vertically integrated mud crab farming system producing premium quality mud crabs for the local (Fiji tourism and food service) and export markets. During its first year of operation the company established a mud crab hatchery in Suva, has leased an ex-prawn farm in Navua, stocked it with crabs and made its first sales. In its second year of operation the company will be expanding its production to establish farming nodes around Fiji to produce eco-friendly, premium quality mud crabs in simple eco-friendly pens. With the announcement of a new Casino to be built in Fiji the local tourist market for crabs will be expanding. With its low labour costs the company can produce mud crabs at internationally competitive prices, while maintaining good margins. Two crops of crabs can be produced each year. The company has also commenced trading in wild mud crabs to increase its product range and profitability.

Investment Size : US$3 million (FJ$50,000 min shareholding)

Taveuni Palms Sector : Tourism/Leisure Location : Matel, Taveuni Island Description :

Taveuni Palms Resort is an award winning 5 star boutique villa resort complex. The resort is situated in one of the world’s most desirable locations on Taveuni Island in Fiji on freehold land – a very rare commodity in the Pacific Islands. The resort has been listed by Forbes Magazine as one of the most luxurious honeymoon locations in the world. Furthermore, it was voted as “Fiji’s leading Resort” and “Australia’s Leading Boutique Resort” at the World Travel Awards 2011. Taveuni Palms comprises of 3 separate villas and provides ultimate privacy, luxury and pampering partnered with 5 star food and service.

Investment Size : US$6.5 million Online : www.taveunipalms.com

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Investment Opportunities : Fiji

Lomalagi Resort Ltd

Rendezvous Fiji

Sector : Tourism/Leisure

Sector : Tourism/Leisure

Location : Savusavu, Vanua Levu

Location :Nadi, Viti Levu

Description :

Description :

Lomalagi Resort is situated on Natewa Bay on Vanua Levu, Fiji’s second largest island. This property boasts 6 guest villas on 25 acres of freehold land and 500 metres of beachfront. Each spacious, secluded villa has a large private deck, four with enough room underneath to build additional rooms. The resort has a central dining area, games pavilion and a huge saltwater pool - all constructed between 1997 and 1998. Natewa Bay is a world-class scuba diving and snorkelling destination and is home to several resident pods of friendly Spinner Dolphins. The resort has a clear channel through the coral for launching boats and kayaks. Lomalagi offers the investor one of the few locations in Fiji where over-the-water bures could be easily built as the bay is shallow and well-protected. A significant list of chattels are included in the sale price. The majority shareholder (a resident expatriate) is seeking retirement and selling her share in the business and the other two owners are also willing to sell. No transfer taxes are required for a sale of shares. Investment Size : US$4 million Online : www.lomalagi.com

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The Rendezvous property is comprised of 6 acres of existing titles and a resort facility, over 12 acres of foreshore area that can be reclaimed as islands and a marina. One hundred acres of neighbouring land is currently available, and an additional 150 acres will become available in 2013 as leases expire. With close proximity to the resort and residential developments of Momi, Denarau and the fantastic Malolo Barrier Reef – Rendezvous@Uciawi represents a unique opportunity to secure quality land at a reasonable rate with the added benefit of being able to develop the foreshore and the existing resort facility to enable the prospective investor to have a quick start up phase of development with some cashflow. The building of quality homes on this land on elevated positions will be a unique opportunity in Fiji and combined with the Marina Development and Resort Facility this Integrated Resort Development will attract significant investment and potential returns for the investor. Investment Size : FJ$9.5 million Online : www.fijirendezvous.com


Investment Opportunities : Fiji Malolo Ocean Club Sector : Tourism/Leisure Location : Koro Island, Lomaiviti Description :

Malolo Island is just 20 kilometers from Nadi. Getting to the island is easy with daily flights met from International services and fast catamaran services to the island from the popular tourist resort island of Denerau. With close proximity to the resort and residential developments of Musket Cove and Plantation Island, Malolo Ocean Club represents a unique opportunity to secure quality land at a reasonable rate with the added benefit of being able to develop the foreshore and create all tide swimming and deep water access for small vessels and sailing boats. The building of quality homes on this land will represent a fantastic lifestyle opportunity with the owners being able to enjoy seclusion and privacy whilst having the option of visiting nearby resort facilities giving choice in entertainment, dining and shopping.

Investment Size : FJ$25 million

Matana Plantation Sector : Tourism/Leisure Location : Koro Island, Lomaiviti Description :

Matana Plantation on Koro Island is a unique property of 806 acres of rare freehold land comprising over 4 miles of white sand swimming beaches, private coves, pristine diving reefs as well as deep water anchorage, ideal for a marina and resort development. The property offers beachfront and flat usable land as well as elevated sites offering panoramic ocean views. This superb land parcel is ideal for either a private residential compound or a fully integrated multi-resort development with residential estates, marina, shops and commercial zone and golf course. It’s also possible to construct a private airstrip for fast access. Natural spring waters with a waterfall and abundance of tropical fruits and unique flora & fauna are added advantages. Koro Island also has the infrastructure, facilities (including a bio-fuel plant) & local labour required for ease of building and developing the property to its full potential. The local ferry service from Suva and Savusavu to Koro also provides easy delivery of materials. Price reduced to sell at US$25 million.

Investment Size : US$25 million

Want to know more? Email us : investment@ pacifictradeinvest.com

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FEDERATED STATES OF MICRONESIA (FSM)

The Federated States of Micronesia’s 607 islands are spread across a 2.9 million square kilometre Exclusive Economic Zone (EEZ). It is situated to the north of Papua New Guinea and east of Palau and comprises four states: Chuuk, Kosrae, Pohnpei and Yap, with Pohnpei being the capital. FSM is in a 20 year Compact of Free Association with the United States, which guarantees a stable currency (USD) and democratic government. FSM had more than 24,000 visitors last year, many arriving for the wreck diving and world-class surfing in Pohnpei. Other visitor attractions like World War II battle sites and the ancient ruined cities of Nan Madol offer opportunities for further investment in the tourism sector. FSM is strategically placed in the equatorial tuna migratory paths and the fishing industry is a lucrative industry to be developed. The export of all products as well as the re-export of imported products is tax free.

Country Profile

Federated States of Micronesia

Population

111,364 (2010)

Capital City

Palikir

Surface area

702 square kilometers

Business Language

English (official)

Currency

United States Dollar (USD)

Nominal GDP

US $269.7 million (2009)

Major Industrial sectors Fisheries, tourism, agriculture Exports

Fish, banana, copra, trochus shells/ meat, kava, and betel nut

Imports

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

Major import markets USA, Australia, Japan (2006) Highest Point

791m

Rainfall (annual)

3,000mm to over 10,000mm in Pohnpei

Investment Agency

Department of Economic Affairs

www.fsminvest.fm

Yvonne Neth. Conchman, charcoal on paper

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Investment Opportunities : Federated States Of Micronesia

Pohnpei Surf Club Expansion

Kosrae Village Ecolodge & Dive Resort

Sector : Tourism/Leisure

Sector : Tourism/Leisure

Location : Kolonia, Pohnpei

Location : Malem, Kosrae

Description :

Description :

The Pohnpei Surf Club (PSC) is located on a beautiful lagoon on the shores of the Napali River, Pohnpei, and is consistently rated as one of the world’s best surf resorts. In 2006 Surfing Magazine listed PSC as the world’s best, and in 2009 Fluir Magazine ranked it in the top five. The PSC has been in operation for 8 years bringing worldwide attention to Micronesia. The PSC team has catered to the world’s best surfers and has been featured in magazines and television shows all over the world. Pohnpei is untouched by tourism with very few tourists at any site at any given time. It has world class attractions and a recently renovated and expanded international airport, and more tourists are expected in the near future (the first charter flight from Japan to Pohnpei will arrive June 2012). The company is looking for a partner to expand and diversify into diving operations and also to invest in the upgrade of infrastructure, boats and equipment. At present, there are only two full time tour operators in Pohnpei, which provides a distinct competitive advantage. Investment Size : US$300,000 +

The owners of Kosrae Village developed this award winning Micronesian eco-lodge in 1995. It consists of 9 locally-constructed, and beautifully appointed individual ocean front thatched cottages (fully equipped with electricity, non-potable running water and waste water treatment). Also on site is an excellent restaurant and a PADI 5 Star diving operation. The dive centre has the capacity to offer touring, training (including technical training), equipment sales, rental and repair and tanks are available in NITROX, air or deco mixtures. Kosrae Village offers an excellent service and a unique opportunity for travellers to experience a slow and natural lifestyle, while remaining connected to the digital world. Kosrae Village receives accolades from most guests and was the Runner Up in the Outside Magazine “Best EcoLodge 2012” category. Further, it was named one of Top 50 Eco-Lodges by the editors of National Geographic Adventure magazine in 2009. Buyers and investors are welcome to enquire. Investment Size : US$500,000 Online : www.kosraevillage.com

Online : www.pohnpeisurfclub.com

Pacific Skylite Hotel Sector : Tourism/Leisure Location : Kolonia, Pohnpei Description :

Pacific Skylite Hotel is a 3 story complex, comprising of 18 rooms all with private bath facilities, balconies, and interior access. The Hotel is located conveniently nearby to Kolonia and government complexes, which makes it attractive for business and government travellers and is only 5 minutes from the international airport. This hotel was constructed in 1995 and features reception-area drop off point as well as a restaurant, conference rooms, bar area and parking area. The FSM Development Bank seeks investors to purchase improvements and rights to ground lease.

Investment Size : US$150,000

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Investment Opportunities : Federated States Of Micronesia Pathways Hotel Sector : Tourism/Leisure Location : Colonia, Yap Description :

The Pathways Hotel is a small eco-lodge located on Yap Island in Micronesia. Currently offering 9 units - 8 larger deluxe cottages with views and 1 smaller budget cottage. The main markets are honeymooners, scuba divers, and adventure travellers. Pathways have featured at dive trade shows in Japan and US and are now looking for an investor that would like to play a role in taking the property to the next level. The owners would like to expand the number of cottages to 20 or more and have acquired land adjacent to the property to allow for this expansion. Further to the increase in room stock, the owners would also like to add a dive shop and offer other water activities including fishing, snorkelling, kayaking, and eco tours.

Investment Size : US$430,000 - 1 million Online : www.pathwayshotel.com

Want to know more? Email us : investment@ pacifictradeinvest.com

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Kiribati

The Republic of Kiribati (pronounced Kiri-bas) is comprised of 33 islands divided into 3 groups; the Gilbert, Line and Phoenix Islands Groups. The country is characterised by an abundant sea territory over a vast portion of the northern South Pacific Ocean. Indeed, the Exclusive Economic Zone (EEZ) covers an area of 3.6 million square kilometres – an area larger than mainland India. The vast size of its sovereign territory and wealth of marine life ensures that fishing licence fees are a major source of revenue. The tourism sector is a target area for development with attractions that include World War II battle sites as well as first-rate bone fishing, bird watching and surfing on Kiritimati (Christmas) Island. Investors in climate change adaptation technologies will also find excellent opportunities in Kiribati. Kiribati uses the Australian dollar, which provides good currency stability.

Country Profile

Kiribati

Population

103,000 (2010)

Capital City

Tarawa

Surface area

811 square kilometers

Business Language English (official) Gilbertese/I-Kiribati. Currency

Australian Dollar (AUD)

Nominal GDP

US $192 million (2011)

Major Industrial sectors Tourism, fisheries, agriculture, remittances, copra Exports Fish, copra, coconut oil, seaweed Imports

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

Major import markets

Australia, Fiji, France (2009)

Highest Point

87m

Rainfall (annual)

2,100mm

Investment Agency

Ministry of Commerce, Industry and Cooperatives

www.mcic.gov.ki

Martin Morububuna Dukduk, Gulf and Sepik watercolour on paper

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Investment Opportunities : Kiribati KiriCraft Central Pacific Sector : Manufacturing Location : Abatao Islet, Tarawa Island Description :

KiriCraft is a commercial boat-building company based in Kiribati. KiriCraft have demonstrated the capacity to build high-quality, high-finish pleasure craft for the Australian market. Since inception in 2006, 6 vessels have been exported to Australia including a 10.5-metre power catamaran, three 11-metre sports power catamarans, a 14-metre sailing catamaran and an 11-metre eco-power catamaran. KiriCraft is an emerging name for high quality vessels in Australia and can compete favourably with local and other importers because of its preferential duty free entry. As the Australian pleasure craft market improves, KiriCraft will have excellent opportunities for market penetration. Kiribati is a very politically stable, and an extremely cost effective country in which to do business. There is steady growth in vessel orders for Kiribati and nearby Pacific Island countries, and great potential to expand further.

Investment Size : AU $500,000

Teikabuti Fishing Co. Sector : Fisheries Location : Bikenibeu , Tarawa Description :

Teikabuti Fishing Company Limited is a fully registered commercial fishing and fish processing company in the Republic of Kiribati. Teikabuti operated as agents for tuna long line operations and facilitated exports of sashimi grade tuna to Japan, Hawaii, and Australia. With assistance from the Australian Executive Overseas Program AESOP, from 1993 to 2003, three experts on five different missions provided Teikabuti with the food technology training and international food standards training in HACCP compliance, to develop high quality value added tuna products. The company now has the technology and experience to valueadd all bycatch products – a means of turning reject fish into profitable products. The business wishes to expand into commercial long-lining to achieve increased exports of high value tuna and value-added tuna products. Investors are sought to participate and grow this potentially very profitable business.

Investment Size : AU$500,000 (49% shareholding)

Fema Lodge Sector : Tourism/Leisure Location : Anetenon, Tarawa Description :

Fema Lodge is a family owned accommodation, located at Antenon, Tarawa. The hotel is well managed and offers guests a good view of the neighbouring lagoon. It is within walking distances of the shopping areas, the Toyota company and the KPC Headquarters. It is located only a few minutes from the University of the South Pacific and UNICEF offices. Management of Fema Lodge plan to build additional rooms and upgrade the current room stock. In the near future, the owners would like to build a small resort opposite the Lodge on the lagoon side, as well as a swimming pool.

Investment Size : AU$100,000 Online : wwww.femalodge.com.ki

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Investment Opportunities : Kiribati

Coral Sun Airways Route Expansion

Abemama Island Boutique Resort

Sector : Transport

Sector : Tourism/Leisure

Location : Tarawa

Location : Abemama Island, Gilberts Group

Description :

Description :

Coral Sun Airways is the premiere domestic airline of Kiribati and is 100% I-Kiribati owned. The owner (an experienced international pilot) is operating a regular air service to 17 destinations within the Gilbert Island Group in Kiribati. The company is seeking investment to obtain additional aircraft to provide air service to the Line and Phoenix Island groups. Connections to these Island groups would present an opportunity to expand services to areas with high tourism potential (bone fishing, WW2 history, Phoenix Island Protected Area). Investors would also be well-placed to establish accommodation facilities on Kanton (Phoenix Island). Investment Size : Negotiable Online : www.coralsunairways.com

The tourism industry in Kiribati is strongly encouraged by National Government. However due to a lack of international tourism standards, Kiribati continues to struggle to become a mass market destination, despite the beautiful scenery, welcoming and friendly people and the safe environment. A well-known local businessman seeks a foreign investor to establish a high quality, local hotel on the pristine island of Abemama, located 152 kilometres southeast of Tarawa. Abemama Island has a rich cultural, military history and land has been secured for this development. The site spans 30 acres from lagoon to ocean. It is freehold and wholly owned by the local partner. Investment Size : AUD$200,000 - $500,000 Online : www.tripletee.com.ki

Want to know more? Email us : investment@ pacifictradeinvest.com

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Marshall Islands

The Republic of the Marshall Islands is an archipelago of five coral islands and 29 atolls located to the west of Hawaii. The Marshall Islands is a self governing democracy in free association with the United States providing development assistance and the use of the USD. The economy is concentrated on selling fishing rights to its waters. The Marshall Islands registers about 2,500 vessels; the third-largest fleet in the world. International investors are moving in and taking advantage of the 2.1 million square kilometres Exclusive Economic Zone (EEZ) and the excellent port infrastructure available. The export of giant clams for aquarium purposes offers strong potential with smaller niche markets in handicrafts and food processing. In late 2011, the government declared a large part of its seas as a shark sanctuary. This is the world’s largest shark sanctuary, and has opened up a path for expanded scientific, diving and tourism investment.

Vinz Blaq Bird of Paradise, ink on paper

Country Profile

Marshall Islands

Population

54,000 (2010)

Capital City

Majuro

Surface area

181 square kilometers

Business Language

Marshallese, English

Currency

United States Dollar (USD)

Nominal GDP

US $155.8 million (2010)

Major Industrial sectors

Copra, tuna processing, tourism, craft items from seashells and pearls

Exports Copra, crude coconut oil, chilled frozen fish, handicrafts, trochus shell/ meat Major Export Markets

Australia, Fiji, Guam, Japan, Hong Kong, New Zealand, Philippines, Singapore, Taiwan & US

Imports

Mineral fuels and live animals, machinery and transport equipment, crude materials, manufactured goods, beverages and tobacco

Major Import Markets

Australia, Fiji, Guam, Japan, Hong Kong, New Zealand, Philippines, Singapore, Taiwan & US

Highest Point

3m

Rainfall (annual)

2,000mm to 4,000mm

Ease of doing business

106 of 183 (June 2011 est.)

Investment Agency

Ministry of Resources and Development

www.rmirnd.net

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Investment Opportunities : Marshall Islands Hotel Robert Reimers Extension Sector : Tourism/Leisure Location : Majuro Description :

The Hotel Robert Reimers is the primary hotel for visitors travelling to Majuro. It is a family owned and operated property with a traditional Marshallese flavour. The hotel has 11 bungalows and 25 rooms, as well as a restaurant and bar. In the vicinity, you will find supermarkets, retail shops, restaurants, open-air markets, post and banking facilities, Alele Museum and Library, Court House, Nuclear Claims Tribunal offices and several government offices. The famous shoreline, a transportation hub for yachts, picnickers, divers, and fishermen is right next door to the hotel. A projected increase in travellers interested in eco-tourism and visiting the untouched Marshall Islands generates potential for further investment in this landmark hotel.

Investment Size : US$1-2 million Online : www.rreinc.com

Eneko Resort Sector : Tourism/Leisure Location : Majuro Description :

Providing travellers with an alternative experience and taking them off the beaten path is what Eneko Resort is all about. The small resort is situated on a paradise island that is perfect for beachcombers, picnickers, snorkelers, honeymooners, or those who want to get away from city life. The pristine lagoon laps onto endless white sandy beaches, and view of the serene Marshall Islands’ sunsets provides visitors with an authentic getaway. The 3 eco-friendly bungalows provide guests with a chance to reconnect with nature on an island all to themselves. While Eneko is a special island, Majuro consists of hundreds of others of similar potential and beauty. The proponent owns a number of islands and properties throughout the Marshall Islands and can assist with access and development.

Investment Size : US$1 million Online : www.rreinc.com

Real Estate Business Sector : Professional Services Location : Majuro Description :

The pre-eminent Marshall Islands business family owns and operates a number of business interests and is seeking investors and buyers. On offer are various properties, land, buildings as well as islands, all offering exceptional opportunities for commercial and residential investment. Their previous sales include land for eco-tourism ventures, ocean related expeditions (fishing, surf and diving), aquaculture projects (clam, fish and pearl farming) and cultivation of local fruits and plants with potential for export.

Online : www.rreinc.com Want to know more? Email us : investment@ pacifictradeinvest.com

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Nauru

The Republic of Nauru, the smallest republic in the world, is a nation comprising a single island. Nauru sits an equal distance between Sydney and Hawaii and is north of the Solomon Islands. Nauru has strong ties with Australia stemming from Australia’s administration of the country from 1914 to 1968. As a result, Nauru uses the stable Australian dollar, and Australia is Nauru’s key trade, investment and development assistance partner. During the 1980s, the island nation enjoyed a major phosphate mining boom and its people boasted the world’s second highest GDP per capita. Mining has since scaled down, and payments for fishing rights within its Exclusive Economic Zone (EEZ) now contribute significantly to the national economy. However, worked out phosphate mines are providing opportunities in rehabilitation and development initiatives. Phosphate exports helped boost GDP growth in Nauru to 4.0% in 2011 after recording a zero growth in 2010. Further mining of the secondary levels of phosphate (for production of tiles and blocks), and the production of crushed coral aggregate and cut-coral products is yet to be fully capitalised upon.

Country Profile

Nauru

Population

10,000 (2010)

Capital City

Yaren

Surface area

21 square kilometers

Business Language

Nauruan, English

Currency

Australian Dollar (AUD)

Nominal GDP

US $55 million (2009)

Major Industrial sectors

Phosphate mining, financial services, coconuts, mining

Exports

Phosphates, coconuts

Major Export Markets South Africa, South Korea & Canada Imports

Food and live animals, manufactured goods, building materials, fuel and machinery.

Major Import Markets

South Korea, Australia, USA & Germany

Highest Point

70m

Rainfall (annual)

2,060mm

Investment Agency

Department of Island Development and Industry

+674 444 3133

Abraham Lagi Moko Kabi, acrylic on canvas

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Investment Opportunities : Nauru Nauruans Rock Sector : Manufacturing Location : Nauru Description :

The local proponent, a well known business man and government official, seeks a partner to develop a factory for Phospate cutting, polishing and shaping for trophies, ornaments and jewelery, furniture, tiling. Nauru has significant secondary phosphate reserves, ideal for the production of such items.

Investment Size : AUD$60,000

Bytekiwi Sector : Manufacturing Location : Nauru Description :

Across the Pacific Islands, coconut trees are called “The Trees of Life�. They are used for food, drink, medicine, building materials, cooking equipment and fuel, among other things. To improve the way coconut flesh is harvested, the local proponent seeks an investor to partner with, for the fabrication and production of an innovative and effective coconut scraper. This tool will allow for easier oil and milk extraction for the people of the Pacific.

Investment Size : AUD$20,000

Want to know more? Email us : investment@ pacifictradeinvest.com

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Niue

Niue, ‘The Rock of Polynesia’, is the largest coral island, yet the smallest country in the world, and is located between Tonga and the Cook Islands. Niue is a self governing state which has been in free association with New Zealand since 1974. Niueans have the same rights as New Zealanders with access to health and education benefits and the stable New Zealand dollar. In 2003, Niue became the world’s first “Wi-Fi nation” where free wireless internet access was provided throughout the country. High value agriculture produce like vanilla, honey, noni and Niuean pink taro (a native taro variety with a strong resistance to pests), are exported internationally. The development of domestic and offshore fisheries offers great potential evidenced by a fish processing plant becoming operational in 2004. There is potential for growth in the tourism sector in terms of accommodation and the Niuean Diaspora is encouraged to invest in property in Niue. The niche market of handicrafts and food processing industry are sectors that have potential to grow.

Country Profile

Niue

Population

1,496 (2010)

Capital City

Alofi

Surface area

260 square kilometers

Business Language

English, Niuean

Currency

New Zealand Dollar (NZD)

Nominal GDP

US $15.9 million (2010)

Major Industrial sectors Tourism, fisheries, agriculture Exports Canned coconut cream, copra, honey, vanilla, pawpaw, root crops, limes, stamps, handicrafts, fish Major Export Markets

New Zealand, USA

Imports

Food, live animals, manufactured goods, machinery, fuels, lubricants, chemicals, pharmaceuticals

Major Import Markets

New Zealand, Japan, China, Australia (2008)

Highest Point

68m

Rainfall (annual)

2,177mm

Ease of doing business n/a Investment Agency

InvesNiue

www.invesniue.com

Peter Ella The Preparation for the Dance, oil pastel on canvas

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Investment Opportunities : Niue Kaimiti Hotel Resort Sector : Tourism/Leisure Location : Alofi Description :

Niue is one of the smallest countries on earth, but has the potential to be a soft adventure and ecotourism hotspot. The local proponent seeks a partner to develop 2 plots of land. Suitable land has been identified in the south of the country’s capital Alofi and is close to the airport, golf club, hospital, main city centre and sea harbour. The second plot takes advantage of Niue’s rugged and pristine coastline, the site overlooks healthy coral reefs and provides a stunning location for sunsets. As Niue is described as a “fisherman’s secret paradise”, this site will also allow a hotel operator to offer deep sea pelagic fishing tours as well as whale watching. It is anticipated that international standard, traditional design bungalows will be built, and other preferences can be negotiated. All enquiries are welcome.

Investment Size : Negotiable

Liha Point Hotel Resort Developments Sector : Tourism/Leisure Location : Mutalau Description :

The proponent wishes to develop a hotel resort complex in the northern part of tropical island nation of Niue. Land at Liha Point has been identified, and has been surveyed and titled through the Niue Land Court. Currently, there are 32 acres in total with additional adjacent lands available for further expand should the need arise. The Niuean Government supports the project and considerable improvement to the land has already been carried out including the clearing of rocks and trees. The land has an access road to the main road and will have convenient access to mains power. This part of Niue is characterised by its lush ferns and coastal forest. Furthermore, it is a habitat for the coconut crab and is adjacent to a rich fishing ground. Expressions of interest are sought from interested parties.

Investment Size : Negotiable

Mutalau Farm Research Developments Sector : Real Estate Location : Mutalau Description :

The Mutalau Farm is developed under a UNCCD-funded Sustainable Land Management Project focusing on the use of the land with a focus on training and the sharing of knowledge. The farm is currently looking for a research partner to investigate matters of importance to Niue’s food security and that of the research partner. At the moment there are coconut trees and noni plants growing on the property. There is tap water plus a large water tank, and power is also available at the farm. There is also a newly constructed shed for housing machines and a small house for storing fertilizers and other farming chemicals. The new shed will also have a room that can be used as a lab, toilet facilities and shower.

Investment Size : Negotiable

Want to know more? Email us : investment@ pacifictradeinvest.com

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Case Study Case Study : ‘Return to roots’ bears fruit A short visit to her native Niue in 2009 opened Dahlia Naepi’s eyes to the possibility of investing in an enterprise that had to do with her area of expertise – healthcare. But as the New Zealand-based Managing Director of Pasifika Integrated Healthcare (PIHC) progressed with her idea, her involvement with her little island homeland has grown to encompass a whole range of inward investment projects. PIHC has recently signed a MOU with the Niue Government’s Department of Health to work together to meet the Niue Health Department’s workforce needs. PIHC will assist in the coordination of Niue’s health staff to access training and education conforming to New Zealand certification standards. This will help Niue’s residents access better healthcare without having to fly out to New Zealand for ailments that can be treated on the island. “Developing critical workforce capacity on the island is inward investment, as I see it,” says Ms Naepi, a trained NZ nurse with 30 years experience in the field as well as running three healthcare service centres in Auckland. While the MOU was being worked out, Ms Naepi went on to invest in new constructions – both residential and commercial – in Niue. This is with a view to develop opportunities for the trained healthcare staff on the island to deliver more service offerings. Ms Naepi credits PT&I’s Return to Roots Mission* to Niue for setting her along this path. “I’d never really considered investing in anything back in Niue – thought it wasn’t worth it. And then Return to Roots happened. Deciding to go was the best decision I made. It has been so very satisfying,” she says. She sees PIHC’s involvement as an ongoing project involved in healthcare in the immediate term expanding to medical and rehabilitation tourism in the not to distant future. Online : www.pihc.co.nz *PT&I’s ‘Return to Roots’ programme encourages Pacific island entrepreneurs living in New Zealand to invest back in their countries of origin to help create jobs and wealth locally.

Want to know more? Email us : investment@ pacifictradeinvest.com

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Palau

Palau is a collection of more than 300 islands, of which only 9 are inhabited. Spread across the Pacific Ocean and the Philippine Sea, it is situated to the north of Papua New Guinea and east of the Philippines. Under its “Compact of Free Association” with the United States, Palau receives direct financial assistance equivalent to twenty percent of its GDP and uses the US Dollar. The Palauan population enjoy comparatively high living standards, with a per capita income twice that of the Philippines and most of Micronesia. Palau’s bountiful marine life makes fisheries its main revenue sector. Symbolising the importance the government places on their marine ecosystem, in 2009, Palau declared its entire Exclusive Economic Zone (EEZ) of 600,900 square kilometres a shark sanctuary. As a result, ecotourism and diving adventures visiting the famous Rock Islands provide great opportunities for further growth. Over 100,000 visitors from Japan, Taiwan, Korea and the US visited Palau in 2011, a 13% increase from 2010. This is partly thanks to the four international airlines connecting Palau with East Asia and North America. With its proximity to Asia, political stability and strong ties and duty free access to the US, Palau offers lucrative opportunities for foreign investors.

Country Profile

Palau

Population

20,500 (2010)

Capital City

Koror

Surface area

458 square kilometers

Business Language

Palauan, English

Currency

United States Dollar (USD)

Nominal GDP

US $176.2 million (2010)

Major Industrial sectors

Agriculture, tourism, fishing

Exports

Handicrafts, agricultural goods, taro and coconut

Major Export Markets

US, Japan and Taiwan

Imports

Mineral fuels, manufactured goods, machinery, food

Major Import Markets

US, Singapore & Japan

Highest Point

213.5m

Rainfall (annual)

3,700mm

Ease of doing business

116 of 183 (June 2011 est.)

Investment Agency Palau Foreign Investment Board

+680 488 1135

Martin Morububuna Kula Voyage, watercolour on paper

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Investment Opportunities : Palau The Meuns Bay Villas of Palau Sector : Tourism/Leisure Location : Ngerkebesang, Koror Description :

The Meuns Bay Villas is designed as a private, gated community of family homes and duplex residences to serve the needs of executive-level residents of Palau and discriminating long-term vacationers and visitors to the Island. Built over 16,000 square metres of land in Meuns village on Ngerkebesang Island in Koror, it will provide high quality exclusive living environments and generous living and entertaining spaces set within a private landscaped garden. The site slopes upward along the public road and downward toward the mangroves and the ocean. The Meuns Bay Villas is a unique project - representing an opportunity to provide a product for which there is a demand but no supply. Such a demand is projected to continue to grow over the next few years. It is a new development but land has already been secured. The proponents are exploring opportunities for JV, partnership, loan, equity partner for site development (power, water, earth moving) and construction.

Investment Size : US$20 million Online : www.meunsbayvillas.com

OTV Palau Sector : Telecommunication Location : Malakal, Koror Description :

In a region that has previously received only transmitted Western and Asian television content, Oceania Television Network is a Pacific regional network, dedicated to producing and broadcasting Pacific Island content. OTV’s mission is to preserve Pacific culture, foster Pacific pride and create a venue for sharing ideas and issues amongst the islands. OTV currently broadcasts in Palau, all four states of the Federated States of Micronesia and the Marshall Islands. In 2012, OTV celebrated its 5th year on air and the network has twice received the assistance and recognition of the United Nations through UNESCO’s International Programme Development of Communication. OTV will continue to expand throughout Micronesia and select parts of Polynesia in 2012. OTV’s website receives over 20,000 hits per day, and continues to grow. The OTV Network seeks an investment partner or loan to fully expand its operations to have a presence across the Pacific and to gather content from Micronesia, Melanesia and Polynesia.

Investment Size : US$2 million Online : www.oceaniatv.net

Ngermid Bay Resort Sector : Tourism/Leisure Location : Ngermid, Koror Description :

Ngermid Bay Resort will be the only eco-friendly, bungalow-style accommodation with waterfront access in Palau. Plans include 10 tropical timber duplex bungalows with 20 units. 5,593 square meters of land in Ngermid, Koror has been secured on the hill side overlooking the beautiful Nikko Bay. The total project cost is USD4 million. The National Development Bank of Palau (NDBP) is willing to fund up to USD3 million so proponents are seeking an additional USD1 million. The investor will be a shareholder owning up to 25% of the corporation. The Resort will be very closely linked/connected with Sam’s Tours, the leading tour operator in Palau.

Investment Size : US$4 million Online : www.samstours.com

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Investment Opportunities : Palau

Amber Beach Hotel

Palau Ocean Resort

Sector : Tourism/Leisure

Sector : Tourism/Leisure

Location : Klouklubed, Peleliu

Location : Ngerkebesang, Koror

Description :

Description :

The local proponent, a prominent business man and government official, seeks a partner to develop an island resort located on Amber beach, Peleliu. Tourist arrivals to Palau have steadily increased over the past 10 years – particularly from Taiwan, Korea and Japan. To meet this growing demand, Palau requires additional room stock. On the island of Peleliu (located to the southwest of Koror), the combined room inventory is around 30. With the majority of the scuba dive and snorkelling sites within minutes to Peleliu, the room shortage is particularly acute. The proposed Amber Beach Hotel will consist of four different buildings located on beach property on the western side of Peleliu capitalising on the incredible sunsets. Located about a mile from the nearest residential home, this is a very private and peaceful site. Investors are welcome to make a site visit and see the potential for themselves.

Palau is experiencing strong tourist arrivals growth, with greatest arrivals coming from the Japanese, Taiwanese, Korean and US markets, largely thanks to the direct air access to Palau. Palau is now receiving more than 30 flights a week, yet offers only around 500 rooms to accommodate visitors. In response to this, the local proponent seeks a partner to build a hotel/resort 6-story 100 rooms as well as multiple villas constructed on the site’s steep agriforest slopes. In addition to this, it is proposed that 15 overwater bungalows and spa/massage facilities would be added. The site that has been secured covers 82,043 square metres and includes both land and sea. Investment Size : US$15 million

Investment Size : US$1 million Online : www.peleliuadventures.com

Want to know more? Email us : investment@ pacifictradeinvest.com

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Papua New Guinea

Papua New Guinea (PNG) is known as the ‘Land of the Unexpected’. This vast archipelago is made up of more than 600 islands, and is the economic powerhouse of the region and most populous with around 7 million inhabitants. Located to the north of Australia and southeast of emerging Asia, colourful, mysterious and natural, this island nation is at the peak of a significant resource boom. The US$17.3 billion Exxon Mobil LNG Project is a key driver of this surge in growth, pivoting PNG’s economy to be one of the world’s fastest growing in 2011. Besides natural gas, PNG’s extensive mineral and petroleum deposits (oil, gold and copper) and other natural resources (forests, fisheries) provide the potential for strong future prosperity. There are significant opportunities to expand and develop sustainable industries in forestry, fisheries, agribusiness and tourism. Indeed, plans by Carnival Cruises to include PNG on its itineraries and a joint marketing initiative with far north Queensland (Australia) have provided an important boost to PNG’s tourism industry and will open further opportunities for expansion.

Country Profile

Papua New Guinea

Population

6.5 million (2010)

Capital City

Port Moresby

Surface area

463,000 square kilometers

Business Language

Tok Pisin, English, Hiri Motu

Currency Papua New Guinea Kina (PGK) Nominal GDP

US$11.4 billion (2011 f)

Major Industrial sectors Liquified Natural Gas, mining of gold, silver and copper, Copra crushing, plywood productions, wood chip production, crude oil production, palm oil processing, petroleum refining, construction & tourism Exports

Oil, gold, copper ore, logs, palm oil, coffee, cocoa, crayfish, prawns

Major Export Markets Australia, Japan, China, Philippines Imports Machinery and transport equipment, manufactured goods, food, fuels, chemicals Major Import Markets Australia, Singapore, China, Japan Highest Point

4,697m

Rainfall (annual)

2000 to 6000mm

Ease of doing business

101 of 183 (June 2011 est.)

Investment Agency PNG Investment Promotion Authority

www.ipa.gov.pg Laben Sakale Simbu Meri, acrylic on canvas

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Investment Opportunities : Papua New Guinea Driftwood Boutique Resort Sector : Tourism/Leisure Location : Alotau, Milne Bay Description :

Driftwood Resort is a 5 year old boutique resort on the shores of Milne Bay and is regarded as one of the most interesting and unique properties in PNG. It includes 8 bungalows and an alfresco dining area over a handmade South Pacific wharf and the well respected restaurant specialises in local seafood (lobster, crabs) and steak. Driftwood also operates specialised WW2 and fishing tours. Management are seeking investment to add additional bungalows and related services, a conference centre and a franchise centre (the construction approval process is underway). There are no additional licenses or approval required other than the Physical Planning Approval for the construction. All foreign investor and incorporation requirements are in place. Alotau is connected by daily 1-hour flights from Port Moresby on Air Niugini and Airlines PNG. A venture capital proposal is available to any interested parties and provides a detailed description of the resort, development plans, along with costs and outcomes.

Investment Size : US$750,000 Online : www.driftwoodpng.com

Avara @ Ela Beach Development Sector : Professional Services Location : Port Moresby, National Capital District Description :

Taking advantage of the critical shortage of long term accommodation in Port Moresby, Avara @ Ela Beach offers 69 exclusive residences. Nestled in front of Ela Beach at the heart of Port Moresby CBD, the secure and luxurious Avara offers a winning investment for investors or owner residents alike.

Investment Size : POA Online : www.avara-elabeach.com

Katnimber Livestock Sector : Agriculture Location : Yangoru Sausso District, East Sepik Province Description :

In 1980, the Livestock Development Corporation took over the Katnimber Livestock (beef cattle) operations. However, due to management issues, the operation was unable to continue which left the station and its assets to run down. As a result, a Land Owner company was formed with the intention to go into Joint Venture arrangement with state or private sector to redevelop the livestock production. The land mass of 6000ha was initially made available to increase beef production and become a major breeding and distribution centre for the province. However until now, the project has not progressed. It is for this reason the land owner company now invites potential investors to partner up for agricultural production. There is a steady water supply available all year round and existing roads (unsealed) to the project site. A 20 year breeding and distribution plan is proposed.

Investment Size : PGK8.7 million

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Investment Opportunities : Papua New Guinea Armit Place Development Sector : Professional Services Location : Port Moresby, National Capital District Description :

Armit Place, a development in the middle of downtown Port Moresby, has been designed to enable successful businesses to own their own office floors, and to participate and make decisions about the continuing operation of the most modern and exclusive office building in Port Moresby. Units and ten whole floors are currently available for private purchase ‘off the plan’. The building will also feature three levels of secure underground parking, and five levels of luxury penthouse-style apartments.

Investment Size : POA

Upstream Hela Women Limited Sector : Agriculture Location : Tari, Hela Province Description :

UHWomen is a group of women from Hela and Southern Highlands Province, who came together and started an economic and social organisation called Upstream Hela Women Limited in 2011. There are 207 individual shareholders, and five groups that have more than ten thousand members and a 10 woman team of directors. A recent initiative the organisation has undertaken is the purchase of a semi-trailer Western Star Truck from Trans Wonderland Limited (TWL) to service Oil Search, the LNG project. UHWomen also raised the funds to engage the services of a National Poultry Expert to investigate the viability of a poultry farm in Hela. The project has been found to be viable and has been costed at PGK32million (excluding the costs to build a fresh food depot and staff training). The project’s potential is enhanced by the vast number of workers, contractors and business people flooding into Hela under the US$15 billion PNG LNG project (expected to have a 30-year operational life). The opportunity to provide chicken and eggs to this market is enormous. The UHWomen are seeking a grant, soft loan, or equity participation to progress this project..

Investment Size : PGK32 million Online : www.uhwomen.com

Want to know more? Email us : investment@ pacifictradeinvest.com

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Samoa

The Independent State of Samoa comprises ten islands positioned northeast of New Zealand and southwest of Hawaii. Samoa has displayed great political and economic stability over the past 10 years and, with relatively low labour costs, a favourable exchange rate and a well-managed economy, Samoa provides a highly favourable investment environment. One of the greatest beneficiaries has been the tourism sector, which has demonstrated strong and stable growth as the cornerstone of the economy (2025% GDP) despite the tsunami that hit the country in 2009. Samoa’s national airline, part of the Virgin group, connects Australia and New Zealand while other scheduled services connect Samoa with Fiji and Hawaii. The largest industrial venture is Yazaki Samoa, a Japanese owned company that processes automotive components for export to Australia and has been successfully operating for 20 years. The marine sector and other established industries like food processing and a growing agribusiness sector have potential for more development. As part of Samoa’s graduation out of Least-Developed Country status in 2014, the government has made significant investment in infrastructure required for a knowledgebased economy (national broadband and the Scientific Research Organisation of Samoa). The recent launch of a 4G mobile broadband network in the country has also promised faster and more reliable internet connections to its customers.

Country Profile Samoa

Population

182,000 (2010)

Capital City

Apia

Surface area

2,944 square kilometers

Business Language

Samoan, English

Currency

Samoan Tala (WST)

Nominal GDP

US $557 million (2011) IMF Forecast

Major Industrial sectors

Tourism, food processing, building, materials, automotive parts

Exports

Fish, coconut oil and cream, copra, taro, automotive parts, garments, beer

Major Export Markets

Australia, New Zealand, American Somoa

Imports

Machinery and transport equipment, industrial supplies, foodstuffs

Major Import Markets

New Zealand, Australia, United States

Highest Point

1,860m

Rainfall (annual)

3000 mm

Ease of doing business

60 of 183 (June 2011 est.)

Investment Agency

Ministry of Commerce, Industry and Labour

www.mcil.gov.ws

Tupe Langi. The Cymru Dragon, ink on paper

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Investment Opportunities : Samoa Sails Restaurant Sector : Tourism/Leisure Location : Apia, Upolu Description :

Sails Restaurant & Bar is situated on the absolute waterfront in Apia, and is a favourite meeting spot for residents and tourist alike. ‘Sails’ provides spectacular views across the coral reef and is set up for 75 - 90 covers for both lunch and dinner. The layout allows normal dining service to continue while simultaneously catering for functions and conferences (weddings, birthdays), and in this configuration, can seat 160. A small gift shop and a studio with full bathroom facilities and private entrance are also included in the complex. This studio has been used previously for visiting overseas chefs. The property is completely self sufficient with a generator and water tank with pump able to handle maximum loads. There is potential to build overwater fales (Samoan bungalows) in front of the complex - a concept to which the Government has shown initial support. The property and business package includes the buildings, a long crown lease, extensive chattels and the significant goodwill of “Sails” which has become an iconic restaurant, function centre and bar.

Investment Size : NZ$1.2 million Online : www.sails.ws

Pasefika Inn Sector : Tourism/Leisure Location : Apia, Upolu Description :

Pasefika Inn is ideally located in central Apia and has provided a pleasant base for business travellers, families, groups and individuals for 17 years. The hotel offers a large and welcoming swimming pool and a common house next to the pool, which can be used for small functions. Pasefika Inn is close to restaurants, supermarkets, shops, museums, and the national stadium of Samoa while also being close to the best snorkelling spots. The second floor has 5 balcony rooms and 9 standard rooms, lounge, and kitchen. It has a conference room on the third floor as well as a bar, kitchen and 12 guest rooms. The conference room can be set up as a restaurant and the bar can be open for the guests. A long term tenant has taken up all of the first floor. The owner is looking for a buyer and welcomes inspections.

Investment Size : WST9 million Online : www.pasefikainn.ws

Wilex Samoa Sector : Manufacturing Location : Apia, Upolu Description :

The Wilex Samoa Group of Companies is a small diversified manufacturing and export business catering to local and regional Pacific markets. The Group is involved in packaging (corrugated boxes and cartons) manufacturing of soap (toiletry, laundry and detergent wash powders) as well as Cocoa and Chocolate processing. The Group is seeking suitable partners to inject capital and expertise to grow the business and capitalise on the company’s established market position and high quality products. The business is highly profitable, but needs further capitalisation to expand production.

Investment Size : AU$2 million Online : www.wilexsamoa.net

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Investment Opportunities : Samoa Le Vasa Resort Sector : Tourism/Leisure Location : Manono-uta, Upolu Description :

Le Vasa provides a private luxurious Samoan-style residential experience at our newly built oceanfront resort. All fales and villas feature beautiful South Pacific quality furnishings, fabrics and natural materials. The resort offers a Mediterranean flair combined with seaside elegance. Stunning sunsets, ocean and island views and private waterfront balconies are just some of the features that make Le Vasa Resort a favorite vacation choice among discerning travelers. This unique location has the benefit of being able to build and sell up to 50+ over the water, Oceanfront, and Ocean view fales and villas. Le Vasa Resort appeals to a variety of marketable segments within the local and overseas tourist industries. Investors with skill, wisdom and action will generate abundance while living their dream that most people just think about.

Investment Size : AU$5 million Online : www.levasaresort.com

Want to know more? Email us : investment@ pacifictradeinvest.com

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Solomon Islands

The Solomon Islands is the second largest country (by landmass) in the Pacific, and is made up of nearly one thousand islands, located east of Papua New Guinea and north of Vanuatu. The presence of the Australianled Regional Assistance Mission to Solomon Islands (RAMSI) has restored law and order and rebuilt many of the country’s institutions. Furthermore, in recent years there have been a number of economic reforms which have improved private sector performance. For instance, in the 2012 World Bank Doing Business report, Solomon Islands ranked 74th out of 183 economies surveyed (moving up 22 places from 2011). Traditionally at the cornerstone of the economy, logging has been experiencing diminishing returns, but is being offset by growth in palm oil and copra exports. The Solomon’s fisheries also provide significant opportunities, and a Japanese joint venture is exporting tuna under local management. An Australian mining company has also re-established gold mining in the country and new interest from international mining groups have focussed around gold, nickel and seafloor deposits. Tourism, with a focus on diving, is an important industry for Solomon Islands – which has one of the densest concentrations of WW2 wrecks in the world. As part of the WWF Coral Triangle Initiative, the reefs are very well protected.

Country Profile Solomon Islands

Population

538,000 (2010)

Capital City

Honiara

Surface area

28,900 square kilometers

Business Language

Melanesia Pidgin, English

Currency Solomon Islands Dollar (SBD) Nominal GDP

US$788 million (2011 f)

Major Industrial sectors

Fisheries, copra, palm oil, gold, forestry & cocoa

Exports Timber, fish, copra, palm oil, cocoa Major Export Markets

China, Thailand, South Korea, Australia

Imports Food, plant and equipment, manufactured goods, fuels, chemicals Major Import Markets

Australia, Singapore, China, New Zealand

Highest Point

2,447m

Rainfall (annual)

3000 to 5000 mm

Ease of doing business

74 of 183 (June 2011 est.)

Investment Agency

Ministry of Commerce, Industry, Labour and Immigration

www.investsolomons.gov.sb

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Yvonne Neth Outer-island man, charcoal on paper


Investment Opportunities : Solomon Islands

Dive Gizo

SPBD Microfinance

Sector : Tourism/Leisure

Sector : Professional Services

Location : Gizo, Western Province

Location : Honiara, Guadalcanal

Description :

Description :

Dive Gizo is the oldest established owner operated tourism facility in the Solomon Islands and was established in 1985. Dive Gizo is located in Gizo in the Western Province of the Solomon Islands - the premiere tourism precinct in the country. Dive Gizo specializes in diverse and exciting dives in the town of Gizo and also operates snorkelling, bush walking, birding, village visits, and WWII tours. The business is well-respected and places primary importance on serving social, cultural, and environmental goals. The sale of the property will be a complete package of diving and tour assets, a residential house and prime waterfront land for future development. Plans have been drawn for the construction of the dive centre on the waterfront. The biggest return on the future of this company will be building accommodation on and above the dive centre. Investment Size : AU$500,000 -650,000

SPBD (South Pacific Business Development) will launch its 3rd microfinance bank replication called SPBD Microfinance (Solomon Islands) Ltd. in the 3rd quarter of 2012. It will be structured as a NBFI (Non-Bank Financial Institution) and serve poor women living in rural communities. Its mission is to improve the quality of life of families living in poverty by providing unsecured credit, training, and ongoing motivation and guidance to help them start, grow and maintain micro-businesses, build assets, as well as, finance home improvements and childhood education. SPBD has already launched and currently operates 3 successful microfinance banks in Samoa, Tonga, and Fiji. SPBD is seeking a grant or loan of US$500,000 to help fund the launch and the loan portfolio for the first 6 months of operations. Investment Size : US$500,000 Online : www.spbdmicrofinance.com

Online : www.divegizo.com

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Investment Opportunities : Solomon Islands Agnes Lodge Ltd Sector : Tourism/Leisure Location : Munda, Western Province Description :

Situated on the shores of Munda’s Roviana Lagoon in the Western Province of the Solomon Islands, Agnes Lodge has been servicing travellers for over 50 years. Opening as a British Colonial Government resthouse, it was taken over by the cook/caretaker, Agnes Kera and one of her sons in 1978. The lodge now offers 30 rooms and full tourist services including a dive centre, restaurant and boat service and is known as the ‘Hub of Munda’. Recognising Munda’s significant tourism potential, the New Zealand Government is funding the expansion of the provincial airport for international services. Further to that, two major fisheries, a port and mining operations are all drawing larger numbers of people to the area. The airport project will significantly grow arrivals to the province, and Agnes Lodge (the only international quality lodging) is well-placed to benefit. Investors are sought to acquire adjacent land for the expansion of Agnes Lodge and construction of a cafe/restaurant, tour desks, and airline offices to complement the NZ government runway upgrade. The owner seeks SBD6,800,000 (USD950,000) for a 40% shareholding (split between 4 to 8 shareholders).

Investment Size : US$950,000 Online : www.agneslodge.com.sb

Surf Solomons Sector : Tourism/Leisure Location : Malaita, Malaita Province Description :

Surf Solomons is a social enterprise specialising in surf and adventure travel in the Solomon Islands. The unique business model supports community owned and managed tourism as a means to provide sustainable benefits to remote indigenous communities, reduce urban drift, maintain and value cultural diversity. The Company combines ethical community partnerships with sound tourism and business credentials. The Solomon Islands has emerged as a premier surf destination and the Company has identified a range of high-quality reef breaks with consistent 3-5+ foot waves from October to March. It is now working with local people and enterprises to establish surf camps. We provide a variety of surf-related travel products including surf expeditions, guided tours, surf camps, and a surfer’s longhouse in the capital of Honiara that will serve as a hub for surf and travel information. Surf Solomons partners with local enterprises through a social venture capital approach by enabling access to capital, technical skills and business promotion services. These partnerships will amalgamate into a broad network of successful local enterprises that offer products at an international standard.

Investment Size : AU$250,000 - 400,000 Online : www.surfsolomons.com

Want to know more? Email us : investment@ pacifictradeinvest.com

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Tonga

Tonga is the South Pacific’s last remaining kingdom. A sailor’s paradise, it is spread out over 171 islands situated between Samoa and Fiji. The tourism sector is currently underdeveloped but presents high potential with tourism arrivals growing to 45,000 last year. Tonga is serviced by regular flights from Australia, Fiji and New Zealand, and has a government that is supportive of tourism. These factors provide a strong foundation for further investment in the sector. Despite its small size and relative isolation, an undersea cable linking the Kingdom with neighbouring Fiji will bring broadband services such as streaming video and high-speed Internet to the Tongan Islands. The government believes that the project will bring significant economic and social benefits once the cable is in place by mid2013. Looking ahead, Tonga is presenting opportunities in the energy sector. Its Energy Roadmap is a multipronged strategy to reduce the country’s heavy dependence on fossil fuels while making the shift toward renewable sources including solar, wind, tidal and non-conventional sources.

Country Profile

Tonga

Population

103,000 (2010)

Capital City

Nuku’alofa

Surface area

748 square kilometers

Business Language

Tongan, English

Currency

Tonga Pa’anga (TOP)

Nominal GDP

US$378 million (2011 f)

Major Industrial sectors

Tourism, agriculture, fishing & manufacturing

Exports

Squash, fish, vanilla beans, root crops, coconut, tuna

Major Export Markets

Hong Kong, New Zealand, United States, Australia

Imports Food, machinery and transport equipment, fuels, chemicals Major Import Markets

New Zealand, Singapore, United States, Australia

Highest Point

1,030m

Rainfall (annual)

1,775 mm

Ease of doing business

58 of 183 (June 2011 est.)

Investment Agency

Ministry of Labour, Commerce and Industries

www.mlci.gov.to

Tevita Latu Imperial Influx 3, charcoal on paper

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Investment Opportunities : Tonga The Kongakava Boutique Hotel Sector : Tourism/Leisure Location : Nuku’alofa, Tongatapu Description :

The Kongakava Hotel is the concept of Paul Aitu-Johansson, owner of Tonga’s most successful restaurant and visitor services provider, Friends Cafe. Tonga’s first truly boutique hotel, the Kongakava introduces international 4 star quality to the Tongan tourism industry, tied to the cultural icons, stories and strengths of the Kongakava name and traditions of the Kingdom of Tonga. Architects Pacific Specialist Stuart Huggett designed the hotel featuring 30 ocean facing rooms (including 2 Pacific Suites) joined with a central public space which houses the Likutau cocktail bar, the Lave’itavake restaurant and lounge, leading to the ocean facing infinity pool. The long space is reminiscent of the tradition of South Pacific meeting fales (house), testament to the future role of the Kongakava as the Kingdom’s meeting place for visitors and travellers. The Kongakava boasts a board room and conference venue, dayspa, tour services, 4 star guest facilities and an outrigger canoe club. The mix of Tongan aesthetics, friendly personality, design and high quality services brings a resort concept and experience with all the services of a corporate hotel to the steps of Nuku’alofa town. The total project cost is NZ$8.0 million. Directors are seeking investment up to NZ$4.0 million with the final investment structure to be negotiated.

Investment Size : NZ$4 million Online : www.thekongakava.com

Royal Sunset Island Resort Sector : Tourism/Leisure Location : ‘Atata Island , Tongatapu Description :

The Royal Sunset Island Resort is a Small Boutique Resort set in 8 acres on the 100 acres island of ‘Atata Island, Tongatapu - 12km and 20 minutes by boat from Nuku’alofa. The resort occupies the southern tip of ‘Atata Island. On the Western Side there are 17 Western Beachfront fales (traditional bungalows) with 1 Mini Suite and 5 Superior fales. On the Eastern Side: there are 7 fales. The fales accommodate up to four, all with fridge, tea and coffee making facilities, hot shower and overhead fans and WiFi access. On site are a Polynesian style restaurant, bar and deck, swimming pool, tennis and beach volleyball courts. Activities are around Watersports: Scuba Diving, Snorkelling, Kayaks, Windsurfing, Game Fishing, Whale Watching but also Village Tours & Entertainment. The Resort offers authentic Tongan hospitality and cultural experiences to a wide range of travellers including families, baby boomers and adventure travellers.

Investment Size : NZD$2.7 million Online : www.royalsunset.to

Want to know more? Email us : investment@ pacifictradeinvest.com

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Investment Opportunities : Tonga Sandy Beach Tonga Sector : Tourism/Leisure Location : Foa Island, Ha’apai Description :

Ha’apai’s tourism flagship is located on one of the best beaches in the South Pacific, and is consistently ranked as one of Tonga’s top hotels on TripAdvisor. Established in 1995, the family operated property enjoys an excellent reputation and is represented by all major travel wholesalers in the Pacific travel industry. Sandy Beach boasts a strong European customer base with a growing number of Australian and New Zealand visitors. The property is one of Tonga’s only childfree hotels and is designed as a relaxing sanctuary for adult couples. The resort features 12 modern, absolute beach front bungalows, solidly built in brick with tiled floors, private terraces and rattan furnished, WIFI in bungalows, spacious ensuites with solar powered hot water and approximately 1 million litres of underground rainwater storage tanks. Sandy Beach also offers a restaurant and bar for guests, owners residence with over 200sqm floorspace on premises, and a fully equipped PADI divebase (leased out) and whale swimming tours. Average price per night is NZD250 per bungalow.

Investment Size : NZ$1.4 million Online : www.sandybeach-tonga.com

ITS Pacific Engineering & Architectural Consultants Sector : Professional Services Location : Nuku’alofa, Tongatapu Description :

ITS Pacific Ltd ‘Engineering & Architectural Consultants” is a registered Tongan company, operating since 2006. The company employs international and local professionals and has significant experience in various Tongan civil engineering and architectural projects. The Tongan market is estimated at AU$6.64 and ITS Pacific’s current turnover is AU$388,000. In the coming years, the plan is to expand into two more Pacific countries, Fiji and Samoa, with the objective of tripling returns. ITS Pacific has realized the increase in donor funded capital expenditure project within the region and wish to tap into. Most of these projects have a local component and ITS is well-placed to provide competitive tenders for these projects. By having a local office within these new markets, ITS Pacific will be in a strong position to access and compete for these new opportunities. As such, ITS Pacific seeks a partner to expand into Fiji and Samoa.

Investment Size : AU$552,000 Online : www.itspacific.com

Cocker Enterprises Ltd Sector : Manufacturing Location : Ma’ufanga, Tongatapu Description :

Significant opportunities exist in Tonga for agricultural processing. Tonga grows taro and cassava in abundance and Cocker Enterprises proposes to capitalise on this abundant natural resource to manufacture chips (food product). Taro and Cassava are staples of the Pacific Island diet and their chips are a popular snack throughout the region. In addition, the company plans to make soap from coconut and candle nut oils.. This is an opportunity for Tonga to produce snacks and soap in economy of scale level , with the potential to replace and minimize imports. The primary will be the domestic market with the intention to export up to 30% of the final products to New Zealand and Australia.

Investment Size : AU$175,000 - AU$200,000

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Investment Opportunities : Tonga Taste of Tonga Virgin Coconut Oil Sector : Manufacturing Location : Neiafu, Vava’u Description :

Taste of Tonga is an export / import company which commenced operations in 2011. It is currently operating a small processing business that produces and markets Virgin Coconut Oil (VCO), Coconut Cream, Taro Chips and Coconut Charcoal. Coconut and Taro are available in abundant quantities in Vava’u and at this stage represent an underutilized resource in the Kingdom of Tonga. The global market for quality VCO is rapidly expanding as more information becomes available about the health benefits of the Lauric Acid contained in the oil (up to 50%). Lauric acid is the key component of human breast milk and has been found to have very high medicinal value. Taste of Tonga is currently producing and exporting some of the finest Extra Virgin Coconut Oil available on the market. The market retail price for VCO ranges from AUD$20 to $30 per litre. Currently our capacity is 600 litres a month however we have genuine enquiries up to 20,000 litres a month. Investment is sought to scale up the operation to a capacity of 10,000 litres a month and purchase an Activated Carbon production line.

Investment Size : US$311,000 Online : www.tasteoftonga.com

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Tuvalu

Tuvalu is the fourth smallest country in the world comprising nine low lying atolls that sits north of Fiji and east of the International Date Line. Tuvalu’s population is approximately 10,000, with about half of this living on the atoll of Funafuti, which is also the capital. Formerly known as the Ellice Islands, these tranquil islands have a fishing industry that can be further commercialised. Fishing licence fees provide an important source of foreign exchange and the government has fishing licence agreements with Taiwan, Japan, New Zealand, and is also party to a multilateral fishing agreement with the United States. Tuvalu has been able to capitalise on its fortune in having the right to the highly marketable internet domain name “.tv”. Tuvalu uses the Australian dollar which provides currency stability.

Country Profile

Tuvalu

Population

11,093 (2010)

Capital City

Funafuti

Surface area

26 square kilometers

Business Language

Tuvaluan, English

Currency

Australian Dollar (AUD)

Nominal GDP

US $37 million (2011) IMF Forecast

Major Industrial sectors

Fishing fees, remittance, copra, .tv internet domain sales

Exports Copra, stamps, handicraft, garments Major Export Markets

Fiji, Australia, New Zealand

Imports

Food and live animals, manufactured goods, mineral fuels and machines, transport and equipment

Major Import Markets Fiji, Australia, New Zealand, Japan Highest Point

5m

Rainfall (annual)

3,500 mm

Investment Agency

Department of Industries

+688 20408

Martin Morububuna Adam and Eve, watercolour on paper

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Investment Opportunities : Tuvalu Processing Juices & Oils Sector : Manufacturing Location : Funafuti Description :

Throughout Tuvalu, fruiting plants like noni, coconut and tamanu grow abundantly. This new project venture aims to process and manufacture the juices and oils of these fruits. When processed and packaged correctly, the juices and oils can be exported to overseas niche markets. Organic Noni Juice, in particular has become a “superfood” over the past five years, and retails in Australia and NZ for AUD3050 per litre. Organic Virgin Coconut Oil, which has become another standout, retails in Australia for AUD15-20 per 500mL. Tamanu oil is in increasing demand by the organic beauty industry – one of the fastest growing sectors of the beauty industry – where it’s prized for its skin healing, antineuralgic, anti-inflammatory, antimicrobial, antibiotic and antioxidant properties. Tuvalu has a natural competitive advantage in growing and harvesting these products while providing employment and income for Tuvaluans. While some financial and technical assistance is available through a network of non-government agencies and government agencies, the prominent local proponent seeks a willing and suitable partner to inject capital needed for the establishment of two small processing plants in Funafuti.

Investment Size : AU$275,000

Tuna Fishing Vessels Sector : Fisheries Location : Funafuti, Tuvalu Description :

The seas within Tuvalu’s Economic Exclusion Zone are home to one of the richest Tuna supplies on Earth. In the past, the sale of fishing licenses to overseas commercial fishing operations, has meant that Tuvalu has not been able to fully capitalise on this highly valuable export resource. Globally, demand for Tuna has never been higher and it continues to grow rapidly. This project aims to exploit the tuna supply of Tuvalu EEZ territorial waters for export, and by-catch to discharge to shore facility for domestic use (consumers or processing of livestock feed, etc)

Want to know more? Email us : investment@ pacifictradeinvest.com

Investment Size : TOP2 million

Premier Bar & Nite Club Sector : Tourism/Leisure Location : Funafuti, Tuvalu Description :

Seeking joint venture partner to purchase the former popular Pier-One Night Club located on Crown lease at the wharf. The Night Club was built 2 years ago, but the owner intends to divest and migrate overseas. The night club is well situated on the main wharf area and therefore to be operated as a premier club targetting not only tourists but also yachts, crew & passengers of visiting foreign ships, and expats. Given the limited entertainment options on Tuvalu, the night club could become the social hub of the island. It is envisioned that it will be the only secure place in the whole of Tuvalu where foreigners and locals can socialize and enjoy an international standard of service.

Investment Size : AU$300,000

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Vanuatu

Vanuatu is a Y – shaped archipelago of more than 80 islands, located north of New Caledonia and west of Fiji. Widely known for its role as an offshore financial centre, Vanuatu remains one of the lowest taxed countries in the world. Copra is the most important cash crop, accounting for 35% of the country’s export while the beef industry and real estate investment have proved to be successful and nascent ventures. Tourism is the cornerstone of the economy, and has been successful in attracting large numbers of cruise ships. Vanuatu’s natural and rugged beauty has also been a drawcard for the filming of two seasons of the reality TV show Survivor as well as a recent Jackie Chan film. The telecommunications sector has also seen significant growth and Vanuatu has just signed a deal connecting the country with the high capacity Southern Cross undersea cable. Scheduled for completion in mid 2012, this new system will deliver efficient and cost-effective Internet connectivity, while strengthening Vanuatu’s competitive position as a potential e-business hub.

Country Profile

Population

Vanuatu 258,000 (2010)

Capital City

Port Villa

Surface area

12,200 square kilometers

Business Language

Bislama, English, French

Currency

Vanuatu Vatu (VUV)

Nominal GDP

US $754 million (2011) IMF Forecast

Major Industrial sectors

Tourism, agriculture, offshore financial centre, fisheries, forestry

Exports

Copra, beef, cocoa, timber, kava, coffee

Major Export Markets

Thailand, Japan, New Caledonia, Australia

Imports Food, fuel, machinery and equipment Major Import Markets

Australia, Singapore, Japan, New Zealand

Highest Point

1,877m

Rainfall (annual)

2400 to 3000 mm

Ease of doing business

76 of 183 (June 2011 est.)

Investment Agency

Vanuatu Investment Promotion Authority

www.investvanuatu.org

Peter Ella Experimentation 2 - Graphics face mixed medium on paper

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Investment Opportunities : Vanuatu Tanna Island Coffee Sector : Manufacturing Location : Tanna Island, Tafea Description :

A boutique coffee industry with long term viability has begun to boom on the island of Tanna after 5 years of developing an ethos and business model that allows the local people to operate fully the operation backed up by remote logistics funding and marketing. The coffee is grown by the INIK Co-operative of farmers while sales, marketing and supply funding is looked after by the JV Partner, Tanna Coffee Plantations. The company produces and exports Dried Green Bean (DGB) coffee that is then sold to roasters. Coffee is the second most traded product on Earth and the island of Tanna provides a unique “terroir” that produces a highly flavourful coffee bean. Over the past few years, Tanna Island Coffee has experienced extremely strong growth in sales to Australia and New Zealand, and there is now also interest from major European roasters. High Quality, Fair Trade coffee is in increasingly high demand and Tanna Island Coffee supersedes fairtrade guidelines.

Investment Size : AU$500,000 Online : www.tannaislandcoffee.com

Coconut Oil Production Santo Limited (COPSL) Sector : Manufacturing Location : Luganville, Espiritu Santo Description :

Coconut Oil Production Santo Limited “COPSL” is one of the largest employers and exporters in Vanuatu. The business is seeking to expand by value-adding to copra meal (the by product after extraction of the oil from the copra) into A grade fish feeds. COPSL produces some 800 tons of copra meal per month selling for $130.00 - $150 per ton. However the sale price for A-grade fish feed ranges from $700-$1,000 per ton, a significant difference. COPSL has sourced proven existing Intellectual Property to achieve this and has negotiated with a team of experts to implement the production. The product will create new opportunities in supplying sustainable alternative organic fish feeds for the growing aquaculture industry – one where feed costs alone account for 60% of operational costs. If required the feed can be altered to suit Yellow Fin Tuna and other high value fish species grown commercially in many nations.

Investment Size : US$2.5 million

Manuro Shores Sector : Tourism/Leisure Location : Port Vila, Efate Description :

Manuro Shores is a unique and luxurious residential lifestyle and golf community located 35 minutes from Port Vila. It features 228 home sites, a world class 18-hole golf course, marina, large resort and a unique 20 hectare nature reserve. Stage one consists of 71 oceanfront lots with 40 metres of ocean frontage – these are on the market now. Stage two will release 157 lots and custom designed homes on the golf course. The project will target buyers from Australian and New Zealand, and Asia since additional flights into Vanuatu are planned in the near future. Buyers are those interested in income producing properties with strong rental returns in the holiday and residential rental markets, or clients looking for second home abroad. There is a need for more hotel rooms to accommodate the rising number of visitors and no developments offer similar opportunities in Vanuatu. Vanuatu offers investors a stable political environment and a government dedicated to economic growth.

Investment Size : AU$2 million - AU$80 million Online : www.manuroshores.com

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Investment Opportunities : Vanuatu Telsat Pacific Sector : Telecommunication Location : Port Vila, Efate Description :

Telsat Pacific operates a 37 channel Digital Pay TV service to all of Port Vila and surrounding areas (up to 20K radius). The market is a mixture of expatriate and Ni-Vanuatu. The customer base is constantly growing and we plan on expanding to Santo this year. We have begun ordering equipment and have purchased land in Luganville. The investor can separate the business operations from the substantial land and building holdings to operate on a lease basis if required.

Investment Size : US$500,000 - $5 million Online : www.telsatbb.vu

Atmaru Quay Sector : Tourism/Leisure Location : Port Vila, Efate Description :

The Atmaru Quay concept is a Greenfield site, comprising existing land and reclamation for the development of a quality, family-oriented resort hotel of 120+ rooms with adjacent apartments set around a visiting yacht marina and located on the edge of a coral reef. Integrated with the resort is a multi-activity, family-oriented leisure centre and adjacent to this is a public park, beach and boat launching ramp. The whole development is sited to take advantage of the natural beauty of a sheltered bay overlooking Port Vila town and the harbour islands. Atmaru Quay addresses two major inadequacies in Port Vila: lack of quality familyoriented integrated facilities and a scarcity of marina berths with access to onshore facilities for visiting yachts. Leisure facilities are designed to capture fly-in, cruise ship and local markets.

Investment Size : VUV50 million

Want to know more? Email us : investment@ pacifictradeinvest.com

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Photo Credits Pacific Islands Trade & Invest (PT&I) would like to thank the following for their kind permission in allowing us to use their photography throughout this publication. Cover Image : Vanuatu Tourism Office Contents Page : Vanuatu Tourism Office Page 1 : PNG Tourism Promotion Authority, Credit David Kirkland Page 4 : Niue Tourism Office Page 5 & 6 : Samoa Tourism Authority Page 7 : Top Image = Pacific Islands Trade & Invest Lower Image = Solomon Islands Visitors Bureau Page 8 : Top Image = Pacific Islands Trade & Invest Lower Image = PNG LNG Page 9 : Samoa Tourism Authority Page 10 : Cook Islands Tourism Page 12 : Statement Pieces Page 13 : Tourism Fiji Page 15 : Cook Islands Tourism Corporation Page 16 : Samoa Tourism Authority Page 19 : Cook Islands Tourism Corporation Page 20 : Kiribati National Tourism Office Page 22 : Kiribati National Tourism Office Page 25 : Cook Islands Tourism Corporation Page 26 : Wikipedia Page 27 : Niue Tourism Office Page 29 : Pacific Islands Trade & Invest Page 32 : Tonga Visitors Bureau Page 33 : PNG Tourism Promotion Authority, Credit David Kirkland Page 35 : PNG Tourism Promotion Authority, Credit David Kirkland Page 36 : Samoa Tourism Authority Page 38 : Samoa Tourism Authority Page 39 : Solomon Islands Visitors Bureau Page 40 : Solomon Islands Visitors Bureau Page 41 : Solomon Islands Visitors Bureau Page 42 : Tonga Visitors Bureau Page 43 : Tonga Visitors Bureau Page 45 : Samoa Tourism Authority Page 46 : Samoa Tourism Authority Page 46 : Credit Pacific Islands Trade & Invest Page 47 : Wikipedia Page 49 : Vanuatu Tourism Office Page 51 : Vanuatu Tourism Office Page 52 : PNG Tourism Promotion Authority, Credit David Kirkland Page 54 : Tonga Visitors Bureau Page 54 : Inset Images 1 : PNG Tourism Promotion Authority, Credit David Kirkland 2: Samoa Tourism Authority 3 : Solomon Islands Visitors Bureau 4 : Cook Islands Tourism Corporation 5 : PNG Tourism Promotion Authority, Credit David Kirkland 6 : Solomon Islands Visitors Bureau

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Acknowledgements: Pacific Islands Trade & Invest (PT&I) would like to acknowledge the assistance provided by the following organisations in putting this publication together. Commonwealth Business Council, Consulate of Tuvalu Singapore, Cook Islands Business Trade Investment Board, Cook Islands Tourism Corporation, FSM Department of Economic Affairs, FSM Development Bank, International Finance Corporation (IFC), InvesNiue, Investment Fiji, Kiribati Chamber of Commerce and Industry, Kiribati Ministry of Commerce, Industry and Cooperatives, Kiribati National Tourism Office, Marshall Islands Ministry of Resources and Development, Marshall Islands Visitors Authority, National Bank of Vanuatu, Nauru Department of Island Development and Industry, Nauru Tourism, Niue Tourism Office, Pacific Islands Private Sector Organisation (PIPSO), Palau Chamber of Commerce, Palau Foreign Investment Board, Palau Small Business Development Center (SBDC), Perrottet Partners, PNG Investment Promotion Authority, PNG Tourism Promotion Authority, Samoa Hotels Association, Samoa Ministry of Commerce, Industry and Labour, Samoa Tourism Authority, Solomon Islands Foreign Investment Division, Solomon Islands Visitors Bureau, South Pacific Tourism Organisation (SPTO), Surfing Association of PNG (SAPNG), Tonga Ministry of Labour, Commerce and Industries, Tonga Visitors Bureau, Tourism Fiji, Tropics Tourism & Marketing Services, Tuvalu Department of Industries, Vanuatu Hotels & Resorts Association, Vanuatu Investment Promotion Authority (VIPA), Vanuatu National Provident Fund, WHL Group.

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PALAU Melekeok FEDERATED STATES OF MICRONESIA Palikir

PAPUA NEW GUINEA

SOLOMON ISLANDS

VAN

55


MARSHALL ISLANDS

Yaren NAURU

Majuro

Want to know more? Email us : investment@ pacifictradeinvest.com

Tarawa

NUATU

KIRIBATI

TUVALU

SAMOA COOK ISLANDS

FIJI TONGA

Rarotonga NIUE Alofi

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Investment Opportunities in the Pacific Islands 2012  

The Pacific Islands region is as geographically vast as it is culturally diverse. Spread across 14 countries, 6 time zones and 3 subregions,...

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