The city has a strong fishing industry

The Greenlandic fishery industry is a billion dollar industry experiencing increased global demand. Over the past ten years, prices for Greenlandic halibut have increased by 50% whilst prices for Greenlandic cod and shrimp have almost doubled.

Nuuk offers unique opportunities in tourism

Tourism in Nuuk is an adventure in the making with the new international airport opening in 2023. We are experiencing a growing interest in tourism investments looking to take the big prize with the new airport opens Nuuk to international tourism.

Extractive industries and raw materials

With some of the world’s oldest rock formations, Greenland’s underground is abundant with resources, and compared to recent years, 2019 saw record high interest and number of exploration projects in Greenland.

With the country’s biggest industrial port

Nuuk is ready to become the transport hub of Greenland and the arctic. The new year-round Atlantic port opened in 2017 and in 2023 Nuuk’s international airport will welcome international flights. If or when the Northwest Passage opens for commercial shipping, Nuuk could become your shortcut to Asian, American and European markets

The construction industry is booming

Nuuk has a declared target of reaching 30.000 inhabitants in 2030, and demand exceeds supply for housing already. Therefore, Nuuk’s construction industry is working to its maximum capacity with high ROIs.

Retail

With more people come more retail consumption. Maybe Nuuk is ready for your product or chain of stores?

Fishery

Tourism

Extractive Industries

Logistics

Construction

Retail

Nuuk
World’s largest municipality
  • With 531.900 square km, the municipality of Sermersooq is 50% larger than Germany with vast opportunities.

Fastest growing city in Greenland

  • In 2023, the municipality in Nuuk starts Siorarsiorfik, the largest city expansion project in Greenlandic history.

Capital

  • As the capital of Greenland, Nuuk hosts the government of Greenland as well as the city hall of the municipality bringing your company close to decision makers.
About Invest in Nuuk

Invest in Nuuk is part of Sermersooq Business

The business department in the municipality of Sermersooq. Sermersooq Business is your one point of contact, and our talented team is ready to help you with your business case in Nuuk

Advantages
Business, consulting, marketing and more

  • Growing economy

    Greenland’s economy has been growing with over 4% yearly since 2008, and Greenland’s Economic Council projects more than 4% growth again in 2021.

  • Capital advantage

    As the capital of Greenland, Nuuk provides easy access to the Government of Greenland, an international work force, the municipality, the university, the Atlantic port, and much more.

  • Sustainability

    99% of Nuuk’s energy supply is sustainable hydroelectric energy, and Nuuk is in the process of becoming the world’s first capital to be certified as a sustainable tourism destination.

  • University

    The University of Greenland is located in Nuuk and is ready to provide the local talent that your organization needs.

Contact information

Contact us

You are an expert on investment.
We are experts on Nuuk and Greenland.
We can help you invest here.

For instance, we can assist you with:

  • Investment memo detailing planned projects including investment opportunities
  • Land and property consultancy
  • Network and matchmaking
  • Business and cultural insight
  • Much more

Email:

inpi@sermersooq.gl

Phone:

+299 55 82 78

Address:

Kuussuaq 2,P.O.Box 1005, 3900 Nuuk, Greenland

Meet our team
Mads-Daniel Skifte

Mads-Daniel Skifte

Head of Business Department

powered by DOTGL