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Investment Opportunities
Fisheries:The potential for the fishing industry in Chuuk is strong. With the abundance of tuna and many other marine resources, such as giant clams and pearls, in the Chuuk waters and its strategic location nearby Japan, the fishing sector will always remain as Chuuk's major economic sector.
In this environment, the government's strategy for the fishing sector is to invite foreign participation in its undertakings. This includes plans to establish processing and transshipping facilities and to attract foreign long-liners to homeport in Chuuk.
The National Government is responsible for the licensing of foreign fishing vessels, however, the promotion of investment opportunities for long-lining, processing and transshipping is an effort performed by the state.
Beside the natural and unspoiled beauty of the islands of Chuuk, the so called "War In Paradise (Operation Hailstone WWII)" gave these islands yet another flavor to its tourism industry. During this war, Truk Lagoon, now known as Chuuk Lagoon, was noted by the United States as the strongest naval base in the Pacific second only to Pearl Harbor. It was developed accordingly and became the Imperial Japanese Navy's Fourth Fleet base from November 1939 to February 1944.
Today, remnants of that war are very much evident both underwater and on these islands. 
The shipwrecks and aircrafts found under the blue lagoon are one's paradise featuring not only the aftermath of the war but what have been worshipped and beautified by time and nature. The bits and pieces on land, such as pillboxes and turret guns, have become historic monuments today. Tourists and visitors come to explore these hidden wonders of Chuuk and when they eventually do, time for all is never enough.
The tourism sector in Chuuk is quite similar to that of the fishing sector. The outlook of both is very strong which desires a boost by foreign investments in order to compete globally.
Hotels and the other tourism related activities are needed to convert this state of paradise into a tourism destination. Agriculture:
Forests and arable lands are available throughout the islands of Chuuk. Some of the crops that can be grown in Chuuk's fertile soil include watermelon, pumpkin, sweet potato, cucumber, breadfruit, taro and coconut. Chuuk's production of local goods is only limited because of the lack of foreign connections or markets. Although there is a minimal amount exported to Guam and other neighboring states within the FSM, the main and only consistent buyers of Chuuk's agricultural products are domestic consumers.
