Fsminvest.fm
Title
Investment Guide - Federated States of Micronesia
Description
he Federated States of Micronesia (FSM) is a grouping of 607 small islands in the Western Pacific about 2,500 miles southwest of Hawaii, lying just above the Equator. Generally speaking, FSM comprises what is known as the Eastern and Western Caroline Islands. Specifically, the FSM consists of the four States of Chuuk, Kosrae, Pohnpei and Yap. While the country’s total land area amounts to about 271 square miles, it occupies more than one million square miles of the Pacific Ocean and ranges 1,700 miles from East (Kosrae) to West (Yap).
The states differ in size and topography. Pohnpei State has the largest land area of about 134 square miles, of which 130 is accounted for by Pohnpei Island. Chuuk State follows with a total land area of 49.2 square miles and includes seven major island groups. Yap State is made up of 4 large islands, 7small islands and 134 atolls, with a total land area of 45.9 square miles. Kosrae State is essentially one high island of 42.3 square miles. Each of the four states centers around one or more "high islands", and all but Kosrae include numerous atolls.
FSM enjoys a tropical climate, with relatively even, warm temperatures throughout the year. The average temperature is 80 degrees fahrenheit with little yearly variation. Rainfall is generally plentiful, and Pohnpei reputedly is one of the wettest place on Earth, with up to 330 inches of rain per year. Nevertheless, drought conditions do occur periodically throughout FSM, especially when the El Nino condition moves into the Western Pacific. At these times ground water supplies dwindled to emergency proportions. Tropical typhoons constitute an annual threat, particularly to the low-lying atolls.
