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.
Read more about this topic: Subdivisions Of Ecuador
Famous quotes containing the word industry:
“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)