Guinea is considered one of the world's most underindustrialized nations with the sector accounting for less than 4.6 percent of Gross Domestic Product (G,DP). At present manufacturing activity consists of:
In view of the Guinean governmentis commitment to privatization, public spending on the manufacturing nector is expected to remain low in 1994-96. Industrial value added is forecast to increase from $76 million in 1993 to $88 million in 1996, retaining its current status of 4.6 percent of GDP.
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