Economy
Guayaquileños' main sources of income are: formal and informal trade, business, agriculture and aquaculture. Most commerce consists of small and medium businesses, adding an important informal economy occupation that gives thousands of guayaquileños employment.
On going projects seek urban regeneration as a principal objective to the growth of the city's commercial districts, as the increase of capital produces income. These projects in the city driven by the recent mayors have achieved this goal after investing large sums of money. The current municipal administration aims to convert Guayaquil into a place for first-class international tourism and business multinationals.
Read more about this topic: Guayaquil
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)