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SECTORAL PROFILE. MANUFACTURING. CONTENTS. Background Definition of the sector Break down of activities Sub-sectoral analysis Key economic indicators Employment trends Other indicators. BACKGROUND. The manufacturing sector has been the flagship of the Mauritian economic miracle
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SECTORALPROFILE MANUFACTURING
CONTENTS • Background • Definition of the sector • Break down of activities • Sub-sectoral analysis • Key economic indicators • Employment trends • Other indicators
BACKGROUND • The manufacturing sector has been the flagship of the Mauritian economic miracle • The share of the manufacturing sector in the economy has been constantly increasing following the rapid development of the EPZ • The manufacturing sector represents around 25% of the GDP and grew at a rate of 8.3% per annum compared to a meagre 3% growth rate in 1999 • “In the late 80’s this sector represented a major absorption capacity for employment
DEFINITION OF THE SECTOR This group covers activities of sugar milling (dealt under Agriculture), EPZ enterprises, Development Certificate Enterprises and Other enterprises. The enterprises are mainly engaged in:- • Textile & clothing products • Food, tobacco & drinks • Jewellery • Paper & stationery • Metal & electrical products • Ships & motor vehicles • Pottery • Plastic products • Rubber & tyre • Chemical products • Scientific products • Footwear & leather products • Wood & furniture
BREAKDOWN OF ACTIVITIES Contd…
SUB-SECTORAL ANALYSIS • SUGAR MILLING • The production of sugar milling consist of about 6.1% of manufacturing. It grew by +52.5% (569,289 tonnes of sugar compared to 373,294 tonnes in 1999). • EPZ ENTERPRISES • The textile industry is undergoing a period of transition after its thirty years of existence . • The creation of the EPZ in 1970 with the main objective of attracting foreign investors needs today to undergo a rethinking process as to which direction to take. • OTHER MANUFACTURING • Other manufacturing consist of about 49.4% of manufacturing and it grew by +7.0% in 2000
GDP at Current Factor Costfrom 1997 to 2000 (Rs million)` Key Economic Indicators
GDP at Current factor cost from 1994 to 1999(Rs million) Key Economic Indicators
Percentage Contribution to GDP(%) Key Economic Indicators
Contribution to GDP (%) The sector share in terms of GDP averaged 25% during the last 5 years Key Economic Indicators
Sectoral Growth Rate (%) Key Economic Indicators
Sectoral Growth Rate The sector experienced a growth rate of around 3-8 % annually,during the last 5 years Key Economic Indicators
EMPLOYMENT(No of persons employed from 1996 to 2000) Employment in manufacturing fell by 1.4% in 1997 to rise by 4% annually until 2000. Employment in EPZ has been rising continuously. However employment in sugar milling has been falling . Employment Trend
EMPLOYMENT(No employed from 1996 to 2000) Employment Trend
AVERAGE MONTHLY EARNINGS(Rs) Average Monthly Earnings from 1996 to 2000 has been on the upswing