Economy
Due to its fertile lands, El Progreso is a city of great agricultural tradition. The areas surrounding the city include various plantations producing products such as palm oil, bananas, and vegetables. Besides agriculture, the inhabitants of El Progreso also devote themselves to cattle ranching and to the production and trade of textiles.
Given El Progreso's location as a crossroads several fast food franchises have been established in the city to satisfy the demands of travelers. These companies include Pizza Hut, Popeye's, Burger King, KFC, Applebees, Wendy's, Baskin Robins, Dunkin' Donuts, and others.
Additionally, a new, modern mall from the Honduran "plaza" chain of shopping centers has been constructed on the outskirts of the city. The mall, named Megaplaza, officially opened in the winter of 2007, and features a large food court with a vast array of Honduran and American fast food companies, several cell phone stores, an arcade, and department stores including Carrion, the largest in Central America. Megaplaza is also home to a new stadium seating-style movie theater screening the latest films from the U.S. and Latin America.
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Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)