Ciudad Del Este Article Index for
Ciudad Del
Articles about
Ciudad Del Este
Website Links For
Ciudad Del
 

Information About

Ciudad Del Este




It is the second largest city in the country, with a population estimated at 240,000 in the city center or 375,000 including the suburbs ( Hernandarias , Presidente Franco , Minga Guazú (where the ''Guaraní'' International Airport is located).

Ciudad del Este generates about 60% of Paraguay's GDP . It is the third major free-tax commerce zone in the world, after Miami and Hong Kong , and — together with Foz do Iguaçu — it is the headquarters of the company that operates the nearby Itaipu dam. The city's economy (and Paraguay's Economy as well) relies heavily of the mood of the Brazilian Economy , observing that 95% of Paraguay's share of the energy generated by the Itaipu Dam is sold for Brazil (US$ 300 millions), and that daily, many Brazilians cross the border to buy less-expensive products (US$1.2 bn, mostly electronics). Smuggling is a major occupation in the city, with some estimates putting the value of this black market at five times the national economy.

The city has a large Asian-born population, specifically Taiwanese , Arabs and Iran ians, evident in the city's Mosque and Pagodas . The Taiwanese government paid for the construction of the city's town hall in exchange for Paraguayan support in the United Nations , hence the Taiwanese flag that flies on the building.

The city has a reputation in Paraguay as being a dangerous city with high crime rates and it is not common to see private guards outside many buildings.

There also existed rumors in Western media that Al-Qaida operatives were located here, but those claims were not proven, as these are recognized only " Off The Record ". Other rumours had members of Hezbollah using the city as a base to launch bomb attacks on Argentine Jews. See AMIA Bombing . It is believed that the suicide bomber entered Argentina through the Triple Border.

In 2005, it was a Filming Location for ''Miami Vice'', a movie directed by Michael Mann and based on his television series Of The Same Name .


EXTERNAL LINKS