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As tourist behaviors become more diverse and living standard enhances throughout the world, potential demand of marine tourism is growing rapidly. In line with the trend, the national interest in utilizing ocean resources for the tourism is expanding gradually in Korea. So this study formulates economical evaluation model of marine tourism investment project used by fuzzy set theory. In this paper, we first consider the elementary concepts, in the mathematics of finance, present value and future value. In all cases the cash amounts, interest rates and number of compoundings may all be fuzzy and we used both triangular and trapezoidal shaped fuzzy numbers. Two commonly used model of comparing mutually exclusive investment projects are fuzzy net present value (F) and fuzzy internal rate of return(F) The results in this paper indicate a successful application of fuzzy set techniques to economical evaluation of marine tourism investment project. Based on this success one would think that there are many other areas in tourism economics and tourism corporate finance that are awaiting extension to fuzzy set theory.