Top: Regional: Asia: Christmas Island: Business and Economy

[ history ]

Overview

Phosphate mining had been the only significant economic activity, but in December 1987 the Australian Government closed the mine. In 1991, the mine was reopened. With the support of the government, a $34 million casino opened in 1993. The casino closed in 1998. The Australian Government in 2001 agreed to support the creation of a commercial space-launching site on the island, projected to begin operations in mid-2004.


[ history ]

Industries

Tourism, phosphate extraction (near depletion). 



 All text is available under the terms of the GNU Free Documentation License. (See Copyright Policy for details.)
© Open-Site Foundation, Inc.
Hosted by Android Technologies, Inc. the medical robotics news source.
Visit our sister sites dmoz.org | mozilla.org | chefmoz.org | musicmoz.org