Economy
Economic symbols of Bar are the Port of Bar, Belgrade - Bar railway and the Sozina tunnel.
The Port of Bar is the most recognizable feature of the city. With 3,100 m (10,170.60 ft) of seacoast, land area of 800 ha and aquatorium of 200ha, the port is capable of reloading 5 million tons of different goods annually. The port made Bar an entry point for large amount of goods imported into Montenegro, and thus many merchant companies and small-scale traders are based in Bar.
In 1976, the Belgrade - Bar railway was opened, and thus made Adriatic sea easily accessible for tourists, and also provided new markets for the Port of Bar. The railway, along with the Port, made Bar more economically active throughout the year, in contrast to other Montenegrin coastal towns, which mostly rely on tourism during the summer season.
The food industry “Primorka” has been operating in Bar for more than 50 years and it produces olive oil and well known pomegranate juice. There are 95,000 olive trees, about 80,000 citrus trees (lemon, orange, tangerine and grapefruit) in the municipal area .
The centre for subtropical cultures, founded in 1937, is the oldest scientific institution in Montenegro. It conducts research in the field of subtropical cultures and environmental protection.
The future of Bar is considered to be in the development of small and medium sized companies, in the creation of new industrial zones and in pursuing activities for creating the Custom Free Zone.
Read more about this topic: Bar, Montenegro
Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)