Ilocos Norte - Economy

Economy

The province specializes in the following products and industries:

  • Agriculture - rice, corn, garlic, legumes, root crops, tobacco, and other fruits and vegetables
  • Fishery - tilapia and assorted fishes
  • Livestock - swine and cattle
  • Cottage industries - loom weaving, furniture, ceramics, iron works
  • Manufacturing and food processing - salt, empanada, bagoong, patis, basi (native Ilocano wine), vinegar, longganisa, chicharon, bagnet, chichacorn (cornick), jewelry, garments, cereal processing, packaging, mechanized processing equipment
  • Wind Power Ilocos Norte's position on the northwest corner of Luzon makes it ideal for wind power generation. There is currently a 25 Megawatt wind farm in Ilocos Norte, and several more wind energy projects are being planned
  • Tourism
  • Pottery

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Famous quotes containing the word economy:

    I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.
    Calvin Coolidge (1872–1933)

    The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.
    Ralph Waldo Emerson (1803–1882)