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:
“The reason American cars don’t sell anymore is that they have forgotten how to design the American Dream. What does it matter if you buy a car today or six months from now, because cars are not beautiful. That’s why the American auto industry is in trouble: no design, no desire.”
—Karl Lagerfeld (b. 1938)
“Bankers, nepotists, contracts and talkies: on four fingers one may count the leeches which have sucked a young and vigorous industry into paresis.”
—Dalton Trumbo (1905–1976)
“As our boys and men are all expecting to be Presidents, so our girls and women must all hold themselves in readiness to preside in the White House; and in no city in the world can honest industry be more at a discount than in this capital of the government of the people.”
—Jane Grey Swisshelm (1815–1884)