The lagoon, still referred to as "Truk Lagoon" is one the largest enclosed lagoons in the world, circled by 140 mile long barrier reef, and covering an area of 832 square miles. 

Chuuk's major attractions today are the 100 or more World War II Japanese vessels and planes which rest at the bottom of the vast, but mostly shallow lagoon. Local dive operators know 'he area, the wrecks and the reefs intimately 

Divers from all over the world come to marvel at this underwater museum and 'graveyard" which has been softened by time and nature.  Many of the wrecks have become unbelievably beautiful living reefs of brilliant soft corals, and sea anemones where an abundance of tropical marine lives and plays. 

Chuuk is one of the four states that comprise  the  Federated  States  of Micronesia (FSM)  The other states are Kosrae, Pohnpei, and Yap. The four states together consist of about 607 beautiful islands, many  of which offer visitors attractions of lush greenery, white sandy beaches and hospitable people unrivaled in the Pacific. 

FSM enjoys tropical ocean climate, cooled  consistently  by  trade winds throughout the year with an overage temperature of 82 degrees Fahrenheit. The islands of the Federated States of Micronesia remain to this day an almost virgin territory - one of the last real frontiers on the planet. 

The FSM became fully self- governing in the fall of 1986 and was admitted to the United Nations in September of 1991. As a matter of choice, the FSM opted to maintain a close relationship with the United States by entering into a long-term treaty agreement called the Compact of Free Association. With the implementation of the treaty, the United States agreed to defend the FSM as it would defend itself and its citizens, and to provide unique packages of financial assistance and investment incentives.

The potential for development in the FSM is immense. The FSM's 200 mile EEZ encompasses more than one million square miles of ocean. teeming with the world's largest tuna stock, and a total land area of 281.3 square miles. 

Both local and international investors are offered a unique blend of advantages: clean environment, favorable economic and social circumstances and a sincere commitment to free market enterprise philosophy.  Investment incentives and other packages of financial assistance under the treaty with the United States reinforce the commitment to free enterprise and help pave the way to self-sufficiency.  Chuuk State is, indeed, the ideal place to invest. live, and work.