Industry
The country has potential for the industry in a variety of sectors. Domestic production of raw materials and manufactured textiles, mining, chemical, petrochemical and oil refinement. Power generation is also a potential sector which is starting to be developed due to Ecuador´s high water potential in various sectors of the country; the development of products based on the melting or glass materials, production and agro-processed foods, pharmaceutical production, among others. The most relevant projects currently under development is the Pacific refinery, located in Manta which will be one of the largest in the region.
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Famous quotes containing the word industry:
“No delusion is greater than the notion that method and industry can make up for lack of mother-wit, either in science or in practical life.”
—Thomas Henry Huxley (1825–95)
“It is while we are young that the habit of industry is formed. If not then, it never is afterwards. The fortune of our lives therefore depends on employing well the short period of our youth.”
—Thomas Jefferson (1743–1826)
“My plan of instruction is extremely simple and limited. They learn, on week-days, such coarse works as may fit them for servants. I allow of no writing for the poor. My object is not to make fanatics, but to train up the lower classes in habits of industry and piety.”
—Hannah More (1745–1833)