Kiribati Fish LTD was formed on December 10, 2010 as a partnership between the government of Kiribati (40%), Golden Ocean Fish of Fiji (40%), and Shanghai Deep Sea fishing of China (20%). The goal of the partnership is to further develop Kiribati’s fishing resources while bringing more of the value of these resources home to the government and people of Kiribati. In September 2012 “Kiribati Fish LTD” completed construction of an $8 million+ USD fish processing plant that employs hundreds of people on Kiribati’s capital island of Tarawa. Also thousands of indigenous Kiribati fishermen will now be able to take advantage of this new marketing outlet for their catch. Kiribati Fish LTD is not stopping there; the partnership plans to begin construction of a second plant on another island in Kiribati, “Kiritimati”, aka Christmas Island.