Despite its size, Kiribati stands out as one of the fastest-growing economies in the Pacific, having outpaced the average growth rates of both East Asia & Pacific and Pacific Island States over the past five years (2018-2023).
Kiribati offers preferential access to global markets through key trade agreements, connecting investors to 2.9 billion consumers across 62 countries. With the 12th largest Exclusive Economic Zone in the world, Kiribati offers vast potential for fisheries and maritime industries.
Kiribati is known for its peaceful and stable environment, ranking among the top in the region for good governance, political stability, and rule of law.
Kiribati offers a clear cost advantage, with the region’s most competitive minimum wages and low electricity rates, making it an attractive choice for cost-conscious investors.
With 60% of its population under 30, Kiribati boasts a young and trainable workforce. The country’s strong commitment to education investing far above global and regional averages, ensures a growing pool of skilled talent for the future.
Kiribati is proud to be one of the greenest countries in the Pacific. With large protected land and marine areas, strong environmental performance, and some of the lowest emissions in the region, it offers a clean and sustainable setting for investment.
United States - Tourism
Established in 2019, this hotel development project attracted an estimated investment of US$233,000 and created 39 direct jobs, boosting Kiribati’s tourism sector.
South Korea - Maritime manufacturing
Since its establishment in 2017, this company has invested approximately US$2 million in shipyard services, including the construction and repair of fishing and transportation boats, as well as vessel parts supply. The project has created 28 direct jobs.
Fiji - Telecommunications
Launched in 2015, Vodafone Kiribati invested US$100,000 in expanding communication services across the country. The company has significantly enhanced telecommunications infrastructure and has created 108 direct jobs.
Fiji / China - Fisheries
Established in 2012, this fish capture and processing operation received an investment of US$4 million and has created 169 direct jobs, strengthening the fisheries sector in Kiribati.
Fiji - Distribution
Established in 2007, Punjas Kiribati invested US$50,000 in a wholesale and retail distribution project focused on essential food items and general merchandise for local consumption. The project improved access to basic goods and created 78 direct jobs.
Australia - Maritime manufacturing
Established in 2006, the company invested US$75,000 in a shipyard for boatbuilding, repair, and maintenance. The project supports Kiribati’s growing maritime industries and has created 9 direct jobs, contributing to local skills development and infrastructure.