Kuantan - Economy

Economy

One of its major economic activities is tourism. Domestically, it is famous for the production of handicrafts, batik, keropok (dried fish crackers) and salted fish. Kuantan serves as the administrative and commercial capital of Pahang. Trade and commerce are also important in the economy of the town.

The timber industry, ice cream and the fishing industry also play major roles in the local economy.

Kuantan also experiences the presence of petrochemical industries, mostly located in Gebeng, an industrial area about 25 km north of Kuantan. Among the major companies operating in Kuantan are MTBE/Polypropylene (M) Sdn Bhd, BP Chemicals, MTBE, Flexsys, Bredero Shaw Eastman Chemical, Kaneka, Polyplastics, Mieco, KNM, JiKang, W.R. Grace, Cryovac, PPSC, AMC, etc.

Read more about this topic:  Kuantan

Famous quotes containing the word economy:

    War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?”
    Doris Lessing (b. 1919)

    Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.
    Henry David Thoreau (1817–1862)