Grenada - Industry

Grenada's industry is small-scale, revolving around several zones near the capital, which cater to foreign companies in search of cheap labor. Since the 1980s, the government has tried to attract such foreign investors, with some success, and Grenada currently produces clothing, electronic components, and other consumer goods for export mainly to the U.S. market. This sector expanded by 10.5 percent in 1999, because of the opening of a new electronics factory. Electronic components accounted for 61.4 percent of Grenada's manufactured exports.

Other industries include brewing (where the Irish company Guinness holds a majority stake), rice milling, and agricultural processing. The recent boom in construction has also brought an increase in associated industries such as cement and furniture.

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