Industry
The country has potential for the industry in a variety of sectors. Domestic production of raw materials and manufactured textiles, mining, chemical, petrochemical and oil refinement. Power generation is also a potential sector which is starting to be developed due to Ecuador´s high water potential in various sectors of the country; the development of products based on the melting or glass materials, production and agro-processed foods, pharmaceutical production, among others. The most relevant projects currently under development is the Pacific refinery, located in Manta which will be one of the largest in the region.
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Famous quotes containing the word industry:
“Whatever I may be, I want to be elsewhere than on paper. My art and my industry have been employed in making myself good for something; my studies, in teaching me to do, not to write. I have put all my efforts into forming my life. That is my trade and my work.”
—Michel de Montaigne (1533–1592)
“No delusion is greater than the notion that method and industry can make up for lack of mother-wit, either in science or in practical life.”
—Thomas Henry Huxley (1825–1895)
“The development of civilization and industry in general has always shown itself so active in the destruction of forests that everything that has been done for their conservation and production is completely insignificant in comparison.”
—Karl Marx (1818–1883)