Philippine manufacturing is highly concentrated in or near metropolitan Manila, with area firms employing more than one-half the country's manufacturing industry workers. This is due to a number of factors, including Manila's role as the principal port of entry for imported raw materials and other goods; the city's excellent harbor, which is deep and sheltered; the existence of a large local market; a pool of skilled labor; and the presence of the nation's major financial, governmental, and cultural institutions. Manufactures include textiles, clothing, and electronic goods; the latter two are the nation's leading exports. Watches, iron and steel, food and beverages, cigars and cigarettes, leather goods, and shoes are also manufactured here. Additionally, local entrepreneurs (often with foreign financial partners) continue to process primary commodities for export, including plywood, refined sugar, copra, and coconut oil.
Manila is also the major destination for tourists who visit the Philippines. Numerous points of interest in the city attract about 1 million visitors annually from all over the world. Many of Manila's tourist sites are found in the old downtown area and along Roxas Boulevard, which parallels Manila Bay.
Microsoft® Encarta® Online Encyclopedia 2001
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