““Towards Sustainable and Responsible Towards Sustainable and Responsible Development of the Fishing Industry”Development of the Fishing Industry”
Seychelles Fisheries SectorSeychelles Fisheries Sector
• Government executive arm with regards to fisheries & marine resources
• Falls under the Ministry of Natural Resources & Industry
• OBJECTIVE
“Promotion of sustainable and responsible fisheries development and optimising the benefits from this sector for present and future generations”
The Seychelles Fishing Authority
• promotion & development of fishing industries and resources
• formulation & implementation of national policies
•negotiate fishing agreements
•enforce compliance to fisheries law
The Seychelles Fishing Authority
The Seychelles Fishing Authority
EEZ: 1.3 Million Km2
Accounts for 33% of gross foreign currency inflow (US $ 361 Million - 2011)
Catch (Artisanal + Semi Industrial) = 3000 MT
90% consumed locallyExports = 38,241 MT valued at US
$ 248,000,000Exports consists mainly of canned
tuna
• Arisanal
• Semi-industrial
• Industrial
The Fisheries Sector
•Canned Tuna main commodity. 90% of production
• Production of canned tuna= 30,152 MT
• Also, fish meal and fish oil produced as by-products
• Fish Meal = 4,088 MT
• Fish Oil = 767 MT
• Smoked Fish = 29.4 MT
• Dried Sea Cucumber & Shark Fin = 110 MT
Production in 2011
“AQUACULTURE”
INVESTMENT OPPORTUNITY :
OPENING SOON