Seychelles - Industry

The industrial sector in the Seychelles is small and domestically oriented, accounting for 28.8 percent of the GDP and providing employment for 23 percent of the labor force in 1999, according to Seychelles in Figures 2000 . During the 1980s the government heavily invested in the manufacturing sector, and by 1999 the country was producing beer (6,000 tons), soft drinks (10,500 tons), cigarettes (70 million), and some other consumer products.

Mining has played an insignificant role in the national economy, although some experts believe that the seabed around the Seychelles is rich in various natural resources. However, the current development technologies do not allow exploration or extraction of these natural resources that could yield commercially viable profits.

Also read article about Seychelles from Wikipedia

User Contributions:

Comment about this article, ask questions, or add new information about this topic: