Economy
Manta possesses one of the most solid city economies in Ecuador. The main industries are fishing and tuna canning and processing. Processed tuna is exported to Europe and the U.S. International tuna corporations including Bumble Bee, Van Camps, British Columbia Packers, and Conservas Isabel, as well as leading national tuna processor Marbelize, have sizable factories in Manta. Other important products include vegetable oil. Large Ecuadorian corporations including La Fabril and Ales have their main factories in Manta. According to a recent survey by "Vistazo" (important Ecuadorian magazine), Manta's metropolitan area possesses many of the largest (by revenue) companies in Ecuador (following Quito and Guayaquil which have larger companies than Manta). Tourism is increasingly important for Manta's economy. Various cruise ships will make a port of call visit to Manta while traveling the southern Pacific Ocean. In addition, produced in Manabí and known throughout the world are the original and official "Panama" hats, which are made in the nearby town of Montecristi. Panama hats are favorite souvenirs among visitors of Manta. Manabí is also famous for its delicious cuisine. For those who enjoy seafood Manta is second to none.
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Famous quotes containing the word economy:
“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)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“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)