Economy
The economy of Sines municipality depends on energy, oil refining, port activity, fishing, tourism and trade. The municipality has an important investment park managed by AICEP Global Parques, and a science park, the Sines Tecnopolo.
Sines is the location of one of the largest maritime-industrial complexes in Portugal, whose tenants include Sines Power Plant (Electricidade de Portugal), Petrogal Sines (National Petrochemic Refinery) and Repsol (Polymer Refinery). Although rapidly industrializing, the town still preserves many of the historical landmarks and tries to cater to tourism. The nearby village of Porto Covo attracts many tourists owing to its coastline and the well-preserved historical buildings.
There is a large shortwave broadcasting station at Sines. The most remarkable antenna towers are the rotatable towers looking like a big "V". . It was used by Deutsche Welle and was switched off on November 1, 2011.
Read more about this topic: Sines Municipality
Famous quotes containing the word economy:
“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)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)