Economy
See also: Aquaculture in ChilePuerto Montt is the capital of the Los Lagos Region and the Llanquihue Province, and the main sea port at the lower end of Chile's western continental land. The city is the principal commercial, services, and financial hub of the of Chilean Northern Patagonia—Zona Austral. As the geographic region's main port, Puerto Montt is often considered the 'capital' of Chilean Patagonia.
Puerto Montt is also the gateway to the Chiloé Archipelago and Chiloé Island across the Chacao Channel, and the many other smaller islands in Chile's inland Sea of Chiloé. Other major cities and towns around Lake Llanquihue include Osorno, Valdivia, Puerto Varas, the industrial town of Llanquihue, the cultural town of Frutillar, and Puerto Octay, all adding importance to Puerto Montt and the region.
The city's economy is now based upon agriculture, cattle, and forestry on the surrounding islands, and fishing and salmon aquaculture in the fjords and nearby Pacific Ocean. It is the fastest-growing city in southern Chile, mainly because of the explosive growth of the salmon industry's enterprises.
- Salmon aquaculture
Puerto Montt is often referred to as The Salmon Capital of Chile. The city is configured as the hub of the largest salmon aquaculture industry in the world, closely followed by Norway. Hatcheries, fisheries and packing plants are all located south of Puerto Montt. Fresh salmon is flown daily to world markets and frozen salmon is shipped by ocean to all destinations. The tremendous growth of the region, mainly due to the salmon industry, but also due to rapid expansion of forestry, cattle, and tourism, has proven the massive economic potential of Puerto Montt and its surrounding area.
- Airports
Puerto Montt has the El Tepual Airport, where two airlines operate regular flights to and from Santiago, Punta Arenas, Balmaceda, Concepción, Temuco and Bariloche (Argentina). The airlines operating at the airport are LAN Airlines (the country's largest) and Sky Airline. The flight time to Santiago is approximately two hours.
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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)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)