Economy
The port of Ghent, in the north of the city, is the third largest port of Belgium. It is accessed by the Ghent-Terneuzen Canal, which ends near the Dutch port of Terneuzen on the Western Scheldt. The port houses, among others, big companies like Arcelor-Mittal, Volvo Cars, Volvo Trucks, Volvo Parts, Honda, and Stora Enso.
The Ghent University and a number of research oriented companies are situated in the central and southern part of the city, such as Ablynx, Innogenetics, Cropdesign, Bayer Cropscience.
As the biggest city of East-Flanders, Ghent has many hospitals, schools and shopping streets. Flanders Expo, the biggest event hall in Flanders, second biggest in Belgium, is also located in Ghent. Tourism is increasingly becoming a major employer in the local area.
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Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)