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Economy of Foz do Iguacu


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The city is one of Brazil's most-frequented tourist destinations. Most tourists are Brazilians and Argentines, but Canadians, Americans, British, Germans, Italians, French, Portuguese, Spanish, Korean, Japanese and Chinese tourists are also numerous. The city has about 100 hotels and inns. Its main attractions are:

Iguacu Falls, which has a flow capacity equal to three times that of Niagara Falls. Part of the falls are on the Brazilian side. Others are on the Argentine side, including the "Garganta do Diabo" ("Devil's Throat" in Portuguese), the tallest of the falls, which is 97 meter, 318 ft (97 m) high.

Parque Nacional do Iguacu (Iguacu National Park), in both Brazil and Argentina, where the falls are. It is protected by the IBAMA

Itaipu Dam, the second-largest generator of hydro-electric power in the world, in the Parana river, between Brazil and Paraguay

The Tríplice Fronteira (Triple Frontier) location where Brazil, Argentina and Paraguay meet. Each side has its own Marco (landmark)

The Omar Ibn Al-Khattab mosque, the largest in Latin America

The Bird Park (Parque das Aves), which features a collection of wild birds, and the "Bosque Guaraní", the city's zoo

The Itaipu Dam produces about 20Percent of Brazil's electricity needs, and employs (directly and indirectly) about 5,000 Iguacuenses.

Many Iguacuenses work in the neighboring city of Ciudad del Este in Paraguay, which is a duty-free market. All trade between Brazil and Paraguay uses the Friendship Bridge (called Ponte da Amizade in Brazil). Another bridge, the Fraternity Bridge (Ponte da Fraternidade, or Ponte Tancredo Neves, in Brazil), connects Foz do Iguacu with its Argentine neighbor, Puerto Iguazú. The Fraternity Bridge, however, is far less important than the Friendship Bridge. Recently, the Friendship Bridge has faced problems such as traffic congestion as well as protests and blockades.

The city is strategically positioned, due to its
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