Industry accounted for 38% of GDP in 2000, 9% of which consisted of manufacturing. The manufacturing growth rate for 2000 was 4.3%. During the socialist years, a sizeable parastatal industrial sector emerged. Guinea had 234 state-run enterprises in 1985, but fewer than 60 remained in the government's portfolio a decade later. Manufacturing in Guinea consists of three elements: public enterprises with large staffs, producing below capacity; small private businesses, mostly engaged in producing beverages, bread, bricks, carpentry, and boilers/metalwork; and small nonindustrial units informally employing persons in a wide variety of occupations.
The alumina smelter at Fria operated at over 90% capacity, producing 660,000 tons in 1994. Among Guinea's other plants are agro-food processors, including a fruit cannery at Mamou; a fruit juice factory at Kankan; a tea factory at Macenta; a palm oil works at Kassa; a small tobacco factor at Beyla; two peanut oil works, at Dabola and at Agola, rice mills, a sugar complex consisting of two dams, a plantation, and a refinery. A textile complex at Sanoyah; a cement and plastics factories at Conakry; and a number of construction material plants are in operation. There is potential to develop a pharmaceuticals industry in Guinea.