Economy
Manta possesses one of the most solid city economies in Ecuador. The main industries are fishing and tuna canning and processing. Processed tuna is exported to Europe and the U.S. International tuna corporations including Bumble Bee, Van Camps, British Columbia Packers, and Conservas Isabel, as well as leading national tuna processor Marbelize, have sizable factories in Manta. Other important products include vegetable oil. Large Ecuadorian corporations including La Fabril and Ales have their main factories in Manta. According to a recent survey by "Vistazo" (important Ecuadorian magazine), Manta's metropolitan area possesses many of the largest (by revenue) companies in Ecuador (following Quito and Guayaquil which have larger companies than Manta). Tourism is increasingly important for Manta's economy. Various cruise ships will make a port of call visit to Manta while traveling the southern Pacific Ocean. In addition, produced in Manabí and known throughout the world are the original and official "Panama" hats, which are made in the nearby town of Montecristi. Panama hats are favorite souvenirs among visitors of Manta. Manabí is also famous for its delicious cuisine. For those who enjoy seafood Manta is second to none.
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Famous quotes containing the word economy:
“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)
“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 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)