Marshall Islands - Industry

There is no mining on the Marshall Islands, although there are some phosphate deposits. The main manufacturing enterprise is the Tobolar Copra Processing Authority, which is government-owned but run by a private management team. It is the only purchaser of copra, which it crushes to produce coconut oil. Currently, it is unable to purchase enough copra and operates at about one-third of its capacity. A garment factory was established in 1998 in a joint venture with China. Other manufacturers are involved in the production of drinking water and beer, and the processing of breadfruit and taro.

The Marshalls Electricity Company is government-owned, and manages to cover its costs, as does the publicly-owned Majuro Water and Sewage Services. The construction sector is made up of small private enterprises that mainly construct private dwellings. An international construction company undertakes any large project, such as the new port at Majuro, and the local workforce provides only some unskilled labor.

Also read article about Marshall Islands from Wikipedia

User Contributions:

Comment about this article, ask questions, or add new information about this topic: