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Seychelles: Manufacturing
Country Study > Chapter 3 > The Economy > Manufacturing

MANUFACTURING


Owing to the small size of the local market and the lack of raw materials, manufacturing occurs on a very limited scale. As of 1991, only 2,563 persons were employed in a total of eightyeight enterprises, twelve of them parastatals. Most employed fewer than ten people, and only five firms employed as many as 100. A number are import-substitution industries, the largest of which is a brewery and soft drink plant. Other firms include cigarette, clothing, paint, plastics, and furniture factories, cinnamon and coconut processing plants, and some handicrafts catering to the tourist industry. To encourage foreign interest in the manufacturing sector, the government has developed a new investment code guaranteeing full repatriation of profits and capital, protection against nationalization, free import of capital goods, and other incentives. The government reserves the right, however, to require that the state share an interest in larger-scale industrial activities.

Data as of August 1994




Last Updated: August 1994


Editor's Note: Country Studies included here were published between 1988 and 1998. The Country study for Seychelles was first published in 1994. Where available, the data has been updated through 2008. The date at the bottom of each section will indicate the time period of the data. Information on some countries may no longer be up to date. See the "Research Completed" date at the beginning of each study on the Title Page or the "Data as of" date at the end of each section of text. This information is included due to its comprehensiveness and for historical purposes.

Note that current information from the CIA World Factbook, U.S. Department of State Background Notes, Australia's Department of Foreign Affairs and Trade Country Briefs, the UK's Foreign and Commonwealth Office's Country Profiles, and the World Bank can be found on Factba.se.

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