“Towards Sustainable and Responsible Development of the Fishing Industry”

““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