Fisheries projects good news for Marshall Islands economy | Pacific Beat

Fisheries projects good news for Marshall Islands economy

Fisheries projects good news for Marshall Islands economy

Updated 1 September 2014, 9:58 AEST

Two Marshall Islands fisheries projects have gotten the greenlight from the Pacific American Climate Fund.

A Marshall Islands fish-farming project will begin exporting fish to the US, while operations at another aquaculture farm will get a $150,000 boost.

The two business initiatives are some of the only economic development activities in progress in Marshall Islands, which suffers from heavy unemployment, a stagnant economy, and large scale out-migration to the U.S.

Editor of the Marshall Islands Journal, Giff Johnson says the move is great news for Marshall Islands' economy.

Presenter: Richard Ewart

Speaker: Giff Johnson, editor, Marshall Islands Journal

Contact the studio

Got something to say about what you're hearing on the radio right now?

Text/SMS
Send your texts to +61 427 72 72 72

Tweets
Add the hashtag #raonair to add your tweets to the conversation.

Email
Email us your thoughts on an issue. Messages may be used on air.