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:
“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)
“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 (1825–1895)
“You must, to get through life well, practice industry with economy, never create a debt for anything that is not absolutely necessary, and if you make a promise to pay money at a day certain, be sure to comply with it. If you do not, you lay yourself liable to have your feelings injured and your reputation destroyed with the just imputation of violating your word.”
—Andrew Jackson (1767–1845)