Punto Fijo
Punto Fijo is the capital city of the municipality of Carirubana in northern Falcón State, Venezuela. It is located on the southwestern coast of the Paraguaná Peninsula. Its metropolitan area includes the parishes of Norte, Carirubana, Punta Cardón and the parish of Judibana in the municipality of Los Taques. Punto Fijo is the largest city in Falcón State.
History
Punto Fijo was founded in the early 1940s, on the outskirts of two refinery operations established by Standard Oil and Shell during the 1940s. Despite the name of the 1958 Puntofijo Pact, Punto Fijo is unrelated to the pact. Punto Fijo has an estimated population of 270,000, mostly in the urban center.Punto Fijo's name is commonly attributed to the late Rafael González Estaba, former city historian, who said that the place where the city now stands was a common stop for passers-by and fishermen.
Economy
Punto Fijo has the world's second largest oil refinery complex, the Paraguaná Refinery Complex, which consists of the Amuay and Cardón Refineries. The operation once refined around 1 million barrels per day, and all of these petroleum products were fuel for the local and regional economy. Also, Punto Fijo possesses the second most important fishing fleet in Venezuela, and has an industrial zone where electronics plants and light machinery plants are located. Punto Fijo includes a Free Zone for Touristic Investment allowing importation of goods free of tariffs.The progressive development that Punto Fijo is facing currently has given incentive to local, municipal, state and national authorities to carry out public building works that the city needed years ago. This includes the main bus station, repairs to public roads, and settlement of a new thermoelectricity energy plant "Josefa Camejo". The private sector has made investments as well, like the Sambil Mall Paraguaná, and Paraguaná Mall. These new complexes now join the Centro Comercial y Recreacional Las Virtudes Mall.