St. Lucia - Industry
St. Lucia's manufacturing sector is the largest and most diversified in the Windward Islands, with many light manufacturing or assembly plants producing apparel, electronic components, plastic products, and paper and cardboard boxes. Agricultural manufacturing includes lime and coconut processing.
Recently, the government has devoted its efforts to the improvement of economic activity as well as development of the major export markets. With the formation of the Eastern Caribbean Stated Export Development Agency (ECSEDA) in 1990, the performance of local manufacturers was expected to be significantly enhanced in the future. Several industrial estates and free trade zones were established during the 1990s, including a goods distribution free zone that opened in 2000. The site included 11 factory-style warehouses, and one administration center. Many large-scale industrial projects were funded by foreign investors in 2000, including port reconstruction, housing construction, a national stadium, banana trade subsidies, and a fisheries industry upgrade. In addition to private investors, the government has focused on capital projects that have increased growth in the construction sector. Industry as a whole accounted for approximately 20% of GDP in 2000.