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Phuket General Information > Economy
Economy
Since the early 1980's the tourist business
has been Phuket's chief source of income. Hotels, restaurants,
tour companies, and souvenir shops are much in evidence
on the west coast. However, while once all-important
tin mining has ceased, tourism is by no means the island's
only activity. Agriculture remains important to a large
number of people, and covers by far the most part of
the island. Principal crops are rubber, coconuts, cashews,
and pineapples. Prawn farming has largely taken over
the east and south coasts. Pearl farming has largely
taken over the east and south coasts. Pearl farming
is also important. Phuket's fishing port is at all times
filled, and processing of marine products, mainly fish,
makes a significant contribution to the economy.
With so many healthy industries supplying income, construction
has become a major factor in employment. This ranges
from massive public works projects, large office buildings
and hotels, and housing estates with hundreds of units,
down to single family homes, apartments and additions.
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