Economy
East Kalimantan's economy heavily depends on earth resources such as oilfield exploration, natural gas, as well as coal and gold mining. Balikpapan has an oil refinery plant that was built by Dutch governance before World War II, destroyed during World War II, and rebuilt by Indonesia Governance.
Other developing economic sectors includes agriculture and tourism. East Kalimantan has several tourist destination such as Derawan Islands in Berau Regency, Kayan Mentarang National Park ini Nunukan, Crocodile Husbandry in Balikpapan, deer husbandry in Penajam, Dayak's (native Kalimantan people) Pampang Village in Samarinda and many others.
Among the many obstacles to developing economic growth is lack of transportation infrastructure. Transportation depends on traditional boats connecting coastal cities and areas along main river,
It is ironic that despite the logging, the coal, the hydro-electric capacity of the mighty Mahakam and the nearby oil refineries, Samarinda has more and more prolonged power-cuts than any other place I have known. Some locals claim that the power is sold off and is too precious for the inhabitants!
Read more about this topic: East Kalimantan
Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“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)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)