Economy
This regency is rich in petroleum, more so than the North Aceh and Aceh Tamiang regencies. Fishing employs many people in the regency but little of its is exported; people depend on it for food. The main fishing centre in the regency is in Idl. The regency also has several food-plant based industries producing tofu, tempeh and sun-dried banana chips. Some areas are under plantation exploitation for palm oil and rubber, although there is only one state-owned company (TPN I) operating in the area. Plantations also produce cacao and chocolate and in the Lokop area iron ore and lead is mined.
Read more about this topic: East Aceh Regency
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)