Business For Sale Tokelau | Business For Sale Listings
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Things to Know About the Business for Takeover Tokelau
The New Zealand Territory of Tokelau comprises of a remote group of atolls located halfway between New Zealand and Hawaii in the South Pacific Ocean. The territory has three tropical coral atolls, and it covers a total area of 10 square kilometers. The population is approximately 1,500 people, making it the fourth-smallest community of any sovereign dependency.
The country has a unique political structure where the head of government is rotated annually between the leaders of each of the atolls. It also has a national legislative assembly made of elected members from each of the atolls, and it meets thrice every year.
The country has the smallest economy in the world, though it is one of the champions of renewable energy. You will be surprised to know it is the very first nation in the world to be powered by 100% solar. In terms of economic activities, the country is greatly deprived of natural resources, and this explains why a huge part of the population is migrating in search of greener pastures.
The soils are not fertile enough to sustain any agricultural activity, and this is further compounded by the rapid drainage, which makes it difficult for any meaningful cultivation. The manufacturing industry is also not at its best, given that there are no minerals to power the sector. When all these factors are combined, it becomes a less appealing destination for those who may have any interests in doing business in Tokelau.
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