page_title: Falcón
section_title: Economic activities
hierarchical_section_title: Falcón / Economy / Economic activities
caption_attribution_description: English: View of the Hotel Eurobuilding Villa Caribe from the 4th floor, this hotel is located in Villa Marina beach, Peninsula of Paraguana, Venezuela. Español: Vista del Hotel Eurobuilding Villa Caribe desde una de sus habitaciones, el hotel está ubicado en la playa Villa Marina, península de Paraguaná, Venezuela
context_page_description: Falcón State is one of the 23 states that constitute Venezuela. The state capital is Coro.
context_section_description: Falcon is the Venezuelan state that has more kilometers of coast, therefore the fishing activity has special dimensions. The annual production is 30,471 tons of fish and seafood, landed in the ports of Las Piedras, Carirubana, Puerto Cumarebo, Zazárida, Chichiriviche, and La Vela de Coro, highlighting the industrialization of crustaceans with the presence in the extensive coast of the state of shrimp farms, as in Boca de Ricoa and at various points of the Paraguaná peninsula.
  In Falcón, there are some exploited oil fields in Mene de Mauroa, Media, Hombre Pintado and Tiguaje and natural gas fields in Cumarebo and other nearby areas. However, the main activity of the oil industry is in the Paraguaná Refining Center, one of the largest in the world, made up of the Amuay Refining Complex and the Cardón Refinery, both with a capacity of 940,000 barrels of oil per day, which represents 75% of Venezuela's total refining capacity. These refineries are fed with crude oil and gas through polyducts coming from the Maracaibo Lake basin. Likewise, a tourist investment free zone has been consolidated in the Paraguaná peninsula.
  Falcón also has mineral deposits to generate basic inputs for industries such as ceramics, fertilizers, energy, chemicals, abrasives, metalworking, pharmaceuticals, pottery, and paint, among others. Phosphates are exploited in Riecito and limestone in Chichiriviche, which are processed at the Cumarebo cement plant (Holcim de Venezuela). It also has immense coal deposits in the western zone, with proven reserves for open-pit mining in the order of 20 million metric tons, and reserves estimated at 120 million metric tons, within a radius of action of 50,000 hectares. Other minerals in the area include graphite, silica, limestone, dolomite, phosphate, chromite and marble.
  Thanks to the dry and arid climate, there are five natural salt flats and some 220,000 hectares of land suitable for the construction of artificial salt flats spread throughout the Falconian territory. Of all the salt mines, only the Las Cumaraguas salt mine is under industrial exploitation, the rest being exploited by hand.
  Also thanks to its natural landscapes (like the Medanos de Coro and the National Parks Cueva de la Quebrada del Toro, Sierra de San Luis and Morrocoy) tourism is gaining importance in the economy of the State.
caption: Villa Caribe Hotel, Paraguana, Falcon State
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