““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

Thank you

Presenter: Roy S. Clarisse Deputy Chief Executive Officer

Email: royc@sfa.sc