The Republic of Seychelles is a good example of a country that has embraced the blue economy concept. Being an island nation that depends almost entirely on its ocean, the Seychelles is a global biodiversity hotspot containing 115 islands in the Indian Ocean, lying 1,600 kilometers off the East Coast of Africa.
Its Blue Economy is based primarily on fishing and tourism, which, along with its low-lying island geography, makes its people and economy particularly vulnerable to the threats of climate change. In fact it has a roadmap which defines how this small island nation will make the most out of its large 1.4 million square kilometers of ocean. This comprehensive roadmap covers the whole spectrum of potential resources from oil exploration, to aquaculture, to sustainable fishing and even eco-tourism.
The Seychelles is slowly becoming the player to watch in the field of the blue economy with economists and investors everywhere watching closely every step taken as a blueprint for future implementation in other countries.
Investment opportunities in this sector include:
- Fish Processing
- Peripheral Activities
- Research Institutes
- Maintenance Services
- Cold Chain Logistics
- Ice Plant
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