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:
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