Economy
The Antofagasta Region is the heart of the mining industry, Chile’s main source of export revenue. It represents 53% of Chile’s mining output, led by copper and followed by potassium nitrate, gold, iodine, and lithium. The mining industry accounts for 93.7% of the region’s exports.
Fishing and manufacturing also contribute to the income of the area.
The availability of infrastructure and services, due to the region’s mining boom, together with its abundance of beautiful natural scenery, have opened vast prospects for the travel industry, both in the interior and on the coast. Interesting tourist attractions include the small town of San Pedro de Atacama, once the center of the Atacameño culture, Atacama Salt Flat, the Valley of the Moon, the Quitor Pukará, the Puritama hot springs and the numerous astronomical observatories including the Very Large Telescope.
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Famous quotes containing the word economy:
“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)