Quote:
Originally Posted by Pedestrian
What drives the economy? It looks like they are having a building boom but what industries are behind it? Extraction (mining etc)? Fishing? Tech?
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As far as I know, mining. Nuuk itself is getting a big boom though because there is a lot of Danish investment/jobs there. So, the city is gaining almost a thousand new residents a year, most from other cities in Greenland. That creates a huge need for development there. As for southern Greenland and other places, huge investments in the mining sector are coming in. The Qaqortoq area is getting a new airport - the main reason is to help the uranium mining operations that are popping up in the area. Tourism also generates a lot of money for Greenland. And as you said, fishing has been and continues to be a huge industry for Greenland.
EDIT: I'd say another reason why Greenland is pushing for so much development is because they hope to gain self-sufficiency and independence in the future.