Economy
Presidente Hayes has the first place in production of cattle, and second in production of horses.
The population is heavily involved in agriculture; the department is third place in production of sorghum. Cotton and sweet cane are also agricultural products of the area.
Villa Hayes and Benjamín Aceval are noticeable for the production of sweet cane.
In Villa Hayes are the sugar factory Censi and Pirota. Sawmills, ceramic factories and steel mills are also in the city. ACEPAR, Aceros del Paraguay, is an important iron and steel industry and is also located in Villa Hayes.
In addition, in Villa Hayes is Astillero Chaco Paraguayo S.A., a specialising in the construction of launches for heavy loads, fuel and vegetable oil transportation. There is also soap and lime factories and an ESSO plant of fuel and lubricants.
Puerto Falcón is an area of very intense economic trading with Argentina and has heavy tourism.
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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)
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