Micronesia, Federated States of - Industry

Manufacturing activity is nearly non-existent and accounts for only a fraction of a percent of GDP. Cottage industries involving handicrafts and small-scale processing are carried out in all states and constitute an important source of income for those not integrated into the monetary economy. In Truk, a small industries center, a garment factory, a coconut-processing plant, a boat-building plant, and a breadfruit flour plant are in operation; in Pohnpei, a coconut processing and soap and oil plant, a feedmill, an ice production plant, a brick-manufacturing plant; in Yap, a cottage industries program; and in Kosrae, a small industries center and a wood-processing plant. In late 1999, a tuna processing plant opened in Majuro.