According to the avowed opinion, Galway city derived its name from the Gaillimh river, the mythic version tells that Galway is named after Gaillimh, the daughter of local leader Breasail, who, as the saying goes, drowned in the River Corrib. The economy of Galway city include strong manufacturing industry sector as well as construction, retail and distribution. Important part of city's income formed by tourism, city have wide Places of interest list which include Lynch's Castle, Galway Cathedral, numerous theatres. There are two major higher education institutions in Galway: The Galway-Mayo Institute of Technology and National University of Ireland. Galway well known as cultural center of Ireland, city hosts numerous music and art festivals and cultural events.