mánadagur 1. oktober 2007síða 37
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Faroe Islands is a nation where
fish accounts for more than 97%
of the total export volume.
Actually the Faroe Islands is one
of the world’s leading nations in
terms of sustainable fishery.
If we don’t find exploitable oil,
fishery might very well still have
a future as our strongest industry
– especially if we focus on the
right themes in our marketing:
As an example – an English
research paper concludes that if
you eat fish you get smarter
babies. Recently a scientific
research project made here on
the Faroes concluded that
haddock caught in the ocean
surrounding the Faroe Islands
contains up to ten times as much
folic acid and twice as much
selenium as haddock caught in
other parts of the world. Folic
Acid and Selenium are very
important – especially for
pregnant women. Right now, a
very interesting project is going
on here on the Faroes where a
special fish traceability system is
being developed. The system will
be launched next year. For us
consumers it means that we will
know exactly where and when
and by whom the fish on our
table was caught. All this should
give our fish products a
significant competitive
advantage.
Heading Towards a
Creative and Knowledge-
Based Economy
Since late 19th century, when
fishery replaced agriculture and
wool as a driving force in the
Faroese economy, almost all of
our economy has been built on
fishery and manufacturing fish
products for export. And we have
been successful in doing so. This
historical fact is probably the
reason why economic and politi
cal leaders in this country believe
so strongly in building success
on primary products and on
manufacturing. I also do believe
that it is important to maintain a
viable fishing fleet and a strong
manufacturing sector. But when
we’re dealing with a globalised
market where demands change
every other day, this is not
enough. I think the Faroese
people and our economic and
political leaders understand that
it is vital to increase the diversity
of our businesses and that we
must also rely on a more creative
and knowledgebased economy
in the future.
Effective Communication
Strategies are Crucial
I believe in the idea of looking
toward the future with
confidence yet with realism. In
today’s extremely fastchanging
world, it is essential to develop
and apply strategies for staying
on top of things. Using
information and communication
technology effectively can make
virtually any project so much
smoother, quicker and less
expensive and what’s more, it
will define the very nature of
projects – you can’t afford to
miss out on it. But technology
alone won’t do the job. It’s
people that shape technology and
business processes and the
human element remains the most
important element. This is
interesting because everything is
about people and how we
interact. And it is crucial that we
use our human resources and the
creative potential, we all possess,
to the fullest.
Succes in Creative
Businesses
We do have some success stories
in creative business that have
inspired others. I am referring to
successful musicians like Teitur
and Eivør – you may have heard
of them – and fashion designers
such as Guðrun & Guðrun – or
the G!festival which has been
named as one of the best music
venues in Europe today by
several Music Magazines. Their
success has been an eyeopener
to the rest of us. Suddenly we see
potential and possibilities which,
before, we could only find in our
dreams. I think we are only
beginning to understand the
impact that our ability to harness
our own creative assets will have
on our future.
Faroe Islands - a Melting
Pot of Creativity
These are fascinating times. The
Faroe Islands is a melting pot of
creativity. Music, singing and
songwriting, fashion & design,
alternative music festivals and
modern art play a very active
role in daily life on the Faroes
today. The Faroese are thought to
have a special creative Viking
gene, especially bearing in mind
the modest population of around
50,000 inhabitants. From this
creative gene pool the menu has
it all: Traditional Faroese chain
dance, choir music, folk music,
jazz, blues, rock and punk.
Almost every village has its own
choir and/or up to several rock
bands. The Faroe Islands
Symphony Orchestra perform at
least two concerts a year in the
Nordic House of surprisingly
high quality. A new generation of
young musicians, artists and
wfashion designers is also taking
on a new and different scene – or
catwalk. With one foot rooted in
tradition and the other in a
creative sphere, they are taking
the leap for international success.
And they might just have a
chance merely because of the
fact that their inspiration comes
from a life far away from trend
setting cosmopolitan lifestyles. It
is just real. And you can feel it.
Did you know that the Faroe Islands…
•… are located north of Scotland between the Norwegian
Sea and the North Atlantic Ocean, halfway between
Norway and Iceland - situated at approximately latitude
62° N, longitude 7° W
•… are an archipelago of 18 islands, of which 17 are
inhabited. The islands extend 113 km from north to south
and 75 km from east to west.
•… highest elevations reach nearly 890 m above sea level
and are found in the northern islands. The precipitous
terrain limits habitation to small coastal lowlands.
•… climate is greatly influenced by the warm Gulf Stream
and by the passage of frequent cyclones, which arrive from
the south and west depending on the position of the polar
frontal zone. Consequently the climate is humid, unsettled
and windy, with mild winters and cool summers. Mean
temperatures are around 3-4°C in January and February
and about 10-11°C in July and August.
•… have a land area of 1399 km2 (545.3 square miles).
•… have a population of 48,164 (December 2005).
•… capital is Tórshavn with a population of 19,282 (2004).
•... have their own language: Faroese is the national
language, rooted in Old Norse. Nordic languages are
understood by most Faroese, and English is also widely
spoken.
•… religion is Evangelical Lutheran Church: 80% - Christian
Brethren (Plymouth Brethren): 10%.
•… population is largely descended from Viking settlers
who arrived in the 9th century. The islands have been
connected politically to Denmark since the 14th century.
•… is a self-governing territory since 1948 within the
Kingdom of Denmark.
•… Prime Minister is Jóannes Eidesgaard (since 3 February
2004).
•… cabinet (Landsstýri) is appointed by the Prime Minister.
•… Parliament (Løgting) is unicameral.
•… main industries are fishing, fish processing, ship
building, construction and handicrafts.
•… labour force counts 24,760 (December 2005).
•… labour force by occupation is fishing, fish processing,
and manufacturing (33%), construction and private
services (33%) and public services (34%).
•… has a total export of DKK 3,579,300,000 (2005).
•… has a total imports of DKK 3,911,600,000 (2005).
•… GDP is DKK 9,699,000,000 (2003).
Do you want to know more?
If you would like to get to know the Faroe Islands, you can
e.g. visit: http://www.faroeislands.com
http://www.visit-faroeislands.com
For more information on the Faroese business
environment and Faroese trade and industry, please visit:
http://www.trade.fo
Read Mr Stephen Metcalf’s article in The New York Times
about the Faroe Islands "Into the Mystical Unreal Reality of
the Faroe Islands": http://travel.nytimes.com/2007/03/25/
travel/tmagazine/03well.faroes.t.html
Here is an interesting broadcast about the Faroe Islands
from PBS, mainly focusing on the killing of pilot whales,
but covers a lot of other ground. The website is also a
great introduction to various Faroese issues, such as music:
http://www.pbs.org/frontlineworld/stories/faroe605/
video_index.html
Read an article on the Faroe Islands on CNN.com:
http://edition.cnn.com/2007/TRAVEL/
DESTINATIONS/06/27/faeroe.islands.ap/index.html
One of the most exciting music events in the Faroe Islands
is the annual music festival in Gøta, G! Festival. Below is the
link to the official website: http://www.gfestival.com
FACTS
ry in the center