Sakku Investments Corporation
The 'Economic Arm' of the Kivalliq Inuit AssociationLocated in the Hamlet of Rankin Inlet within the Kivalliq Region of Nunavut, Sakku Investments Corp. (Sakku) is a for-profit organization owned by the Kivalliq Inuit Association (KIA). Under the Nunavut Land Claim Agreement, KIA is a designated Inuit organization with significant responsibilities for claim implementation, with Sakku serving as its 'economic arm' and deemed an Inuit Birthright Corporation. The Mission of Sakku is to build a viable and healthy economy for the Inuit of the Kivalliq region. Since its incorporation in 1989, Sakku has met its Mission primarily through partnership and technology transfers with other corporations. Nunavut: A Range of Investment OpportunitiesAreas where Sakku has already realized success may be ideal for expansion. Sakku has developed sustainable business models in real estate; communications technology; drugs and medical product supply; health care; equipment parts and service. Under the Nunavut Land Claim Agreement (NLCA) Sakku holds advantages in government contracting, which benefits Kivalliq Inuit as well as government. A studied look at government programs and services offered in the Kivalliq region of Nunavut and the opportunities that are available provide for interesting new directions for corporate growth. Mineral exploration is rapidly expanding. Well-funded companies continue to enter the region and explore for commercial mineral deposits. Servicing these companies may be beneficial in areas such as expediting, camp operation, diamond drilling, fuel supply, and environmental monitoring. Mine servicing opportunities in construction, mine employment and training, and contracts including food service, air transportation and others are eminent. Other sectors that may offer opportunity including tourism, retail services, and transportation. Sakku is poised to capitalize on these growth opportunities with available capital, in-house management and technically capable partners. |