Economy
The harbour is in the mouth of a gulf continuing seaward through a coral-free channel 18–26 meters (60–85 ft) deep. Imports include machinery, vehicles, fuel oil, and building materials. Cotton, gum arabic, oilseeds, hides and skins, and senna are the chief exports. Port Sudan has an oil refinery to handle the petroleum from onshore wells, as well as an oil pipeline to Khartoum that was completed in 1977.
A rail line links the Red Sea to the River Nile. The railroad was used to transport the nation's cotton and sesame seed as well as sea salt from salt-evaporating pans.
The city is home to Red Sea University, established in 1994.
Read more about this topic: Port Sudan
Famous quotes containing the word economy:
“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)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)