“Towards Sustainable and Responsible Development of the Fishing Industry” Seychelles 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

EEZ: 1.3 Million Km 2 Accounts for 33% of gross foreign currency inflow (US $ 361 Million ) Catch (Artisanal + Semi Industrial) = 3000 MT 90% consumed locally Exports = 38,241 MT valued at US $ 248,000,000 Exports 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