Industry
Industry Sector Profiles
Agriculture Agriculture, which traditionally produces bananas, cocoa, nutmegs, and mace for export, has to been the mainstay of the economy. The sector has a large subsistence agricultural sector producing fruits, vegetables and livestock for the domestic, regional and internal markets. Banana exports have made a valuable contribution to the economic and social development of the country having benefited from preferential trading arrangements with the UK. Cocoa and nutmeg have been traded on the open market and invariably have been subjected to the vagaries of the external market forces. Grenada is the largest producer of nutmegs in the hemisphere and as one of the two major nutmeg producers, the other being Indonesia, has benefited enormously in period of high demand and/or limited supply. Manufacturing The manufacturing sector in Grenada is small but has grown significantly in recent years largely due to Government encouragement in the form of attractive incentives comprising tax exemptions and other facilities. The sector comprises activities such as the manufacture of soft drinks, beer, malt, stout, rum, wheat flour, animal feed, garments, paper products, paints and varnishes. Major export markets for manufactured exports are mainly
UK, USA and the Caribbean countries. Tourism In recent times there has been substantial foreign direct investment in new hotel plants mainly in the southern tourism belt of the island. There are substantial opportunities in the Gren ???????????????????????????????e???????????????????????????????????????????????????????????????????????????????????????????????? ??????????????????????????????????????????????????????????????Q????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
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