Manufacturing sector
The manufacturing sector has a significant impact on the economy of Seychelles. In 2019, it contributed more than 11 % of the country’s total GDP. The manufacturing industry is estimated to be growing at a rate of about 4% annually. Most of the manufacturers are small scale, consisting mainly of food processing plants, cigarette, and alcohol manufacturing, one of the biggest employers in Seychelles, is the Indian Ocean Tuna (IOT) factory which is currently partly owned by the Thai union (60%), the major shareholder and the Government of Seychelles (40%), which manufactured canned Tuna for export to the European Union (EU) market.
Sectors: Food Processing, Cigarette, Beverages.
precision_manufacturing
- Contribution to the economy:
- 11%
- Growth rate:
- 4%