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Country Profile: Christmas Island
Fact FileCapitalFlying Fish CoveOfficial languageEnglishAreaTotal 135 km2Population(2009est) 1,493CurrencyAustralian Dollar |
Overview
The Territory of Christmas Island is a territory of Australia in the Indian Ocean. It is located 2,600 kilometres northwest of the Western Australian city of Perth and 500 km south of the Indonesian capital, Jakarta. The island’s geographic isolation and history of minimal human disturbance has led to a high level of endemism amongst its flora and fauna, which is of significant interest to scientists and naturalists.
Business Developments
For Christmas Island, phosphate mining is their only main source of industry and remains their most significant factor when considering their GDP. The government along with the help of Australia has recently created economic reform policies in order to stimulate their economy and attract more foreign investment.
Communication Infrastructure
Telephone and Internet connections on Christmas Island generally all come from Australia, specifically the capital of Perth. This however may change in the future as Australian companies are looking to move to Christmas Island for tax benefits and a more centered location in their respective part of the world.
Climate Change and Environment
Since Christmas Island was basically uninhabited by humans until the 19th century, many of its plant and animal species are completely intact and are of the utmost importance in the scientific community. The effects of global warming and climate change have not affected Christmas Island as much as other parts of the world, so the island remains as an extremely important research center for scientists and researchers.
Future Outlook
In the future, Christmas Island looks to expand their already growing economy, especially their phosphate mining industry. The country also looks to improve its telecommunications and tourism industries in the near future as well.
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