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Why Invest In RMI?

Invest, work, or simply visit one of the friendliest and most unique island nations in the Pacific Ocean.

 

The Marshall Islands offers many opportunities in growing sectors such as agriculture, aquaculture, fishing, tourism, service-based industries, and many more.

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Immerse yourself in Marshall's unique culture and spirit and find out why it is one of the friendliest countries in the Pacific.

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Invest in the RMI!

Contact the Investment Promotion Department:

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Email: iss@rmiocit.org

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Phone: (692) 625-4624

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We are dedicated to help and guide you through the investment process and can provide relevant information and documents to help expedite the process.

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Connect with the RMI Chamber of Commerce

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Email: info@rmichamber.com

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Website: https://rmichamber.com

Investments Opportunities

Agro-Industry

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The agro-industry offers investment opportunities in these areas:

  • Animal feed production

  • Production of food crops from hydroponic

  • Poultry farming

  • Pig farming

  • Technology based farming

  • Virgin coconut oil production

  • Noni production

Marshall Islands produces coconut meal and fishmeal ‐ both excellent feed ingredients

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Fisheries

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Marshall Islands is located in the highly productive western and central Pacific Ocean, the largest tuna fishery in the world with current annual catches exceeding 1.5 million metric ton.

Its Exclusive Economic Zone (EEZ) of over 822,000 square miles has a large supply of high-grade tuna, including skipjack, yellow fin, big eye and albacore. Its strategic location has made the country an important hub for fishing operations such as transshipment, refueling and re-supply by fishing vessels.

Its pristine lagoons make it ideal for fish farming for export to close-by markets like Hawaii.

Manufacturing 

Marshall Islands has an infant manufacturing sector with two main manufacturing enterprises – a copra processing plant which can process 15,000 tons copra & make 10,000 tons crude oil, and a loining plant whose production has been averaging 2,000 tons since 2008.

These enterprises prove that more manufacturing enterprises can be developed particularly in:

  • Seafood processing

  • Food processing

  • VCO Production – soap, body oil, lotion, etc.

  • Light manufacturing

  • Scrap recycling & waste management

  • Coconut-based light industries e.g. coir fiber brooms, brushes, doormats, mattresses, ropes and coconut timber products.

There is also potential for expansion of production and export of handicraft products using pandanus and other local materials. Marshallese handicrafts are known for being one of the best in the Pacific region, due to its high quality of material and output. Most handicraft makers are currently exporting their products to the Hawaiian market. Some are also exporting to Japan.

Services 

Modern telecommunication links enables remote islands nations like the Marshall Islands to overcome the tyranny of distance and attract services industries like ship registration. Marshall Islands today has the third largest ship registry in the world, with 3,100 vessels and over 100m gross tons.

It’s one of the world’s premier quality maritime registries that is globally recognized as a modern and efficient administration and is noted for its contributions to the safety and security of shipping and efforts to protect the marine environment. The service is provided by Trust Company of the Marshall Islands (TCMI) established in 1990 by the government jointly with Virginia-based International Registry, Inc.

For more information on Telecommunication refer to this link: http://www.ntamar.net

Aquaculture  

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

  • Pearl farming

  • Clam farming

  • Oyster farming

  • Trochus shell farming

  • Coral farming

  • Lagoon cage culture

  • Offshore lagoon cage culture

  • Tuna ranching & fattening in cages and

  • High-tech production techniques such as aqua pods.

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Attractiveness of Marshall Islands

Marshall Islands has preferential market access for its seafood products to USA through its Compact Agreement with the US, and the European market through Economic Partnership Agreement

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Hospitality & Tourism

Marshall Islands is located in the northern Pacific region of Micronesia – one of the fastest growing regions for tourism in the world – and is located between North America and Asia, two of the most productive tourism source markets.

Its one of the most isolated nations in the world, perfectly located in a tropical warm area with a large swell window and consistent trade winds.

It prides itself in being the “Pearl of the Pacific” because of its rare beauty and pearl-like atolls that make up the islands. As a coral atoll nation, one of only four in the world, the Marshall Islands offers a very unique environment and landscape, consisting of saltwater lagoons encircled by white beaches and small, lush islands – over 1,200 individual islands, 870 reef systems, 800 species of fish, and 160 species of coral

Renewable Energy

The Division of Energy within the Ministry of Resources and Development is responsible for the National Energy Policy Coordination and some implementation. The Division of Energy comprises of an Energy Office, one support-staff and an Australian Funded Energy Adviser.

The Framework for the National Energy Policy used for developing the national energy policy includes the following follows where improvement is required in order to achieve sustainable energy development.

  • Petroleum and Liquid Fuels

  • Electric Power

  • Transport and Energy Use

  • Energy Efficiency, and

  • Renewable Energy

For more information on Renewable Energy refer to this link: http://www.rmimrd.com/resources

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