Campinas is the richest city in the metropolitan region of Campinas and the 10th richest city in Brazil, showing a gross domestic product (GDP) of 27.1 billion reais (2007), which represents 0.96% of all Brazilian GDP. Currently, the city concentrates around one third of industrial production of São Paulo state. The paper highlights the high-tech industries and metallurgical park, considered the capital of Silicon Valley Sterling.
The region hosts more than 10,000 medium and large companies, many of which are among the 1,000 largest and best in Brazil
The petrochemical complex is centered in Southeastern, a few miles of Campinas, near the refinery of Petrobras Planalto Paulista (Replan), the largest in Brazil one of the largest in Latin America, and has companies like Dupont, Chevron, Shell, Exxon, Group Ipiranga, Eucatex, Rhodia, and others. It has the largest cargo airport of import / export, and is the hub of companies and Blue Trip. The largest companies have a global turnover of more than $ 80 billion, larger than many Latin American countries.
The city is also an important and diverse shopping, owning two of the largest shopping mall in the country: The Iguatemi Campinas and Shopping Parque Dom Pedro. It will be also located Parque das Bandeiras Shopping that will be on the periphery of the city. Together, Shopping Parque Dom Pedro and Shopping Iguatemi, it will be one of the largest malls in the city. Has, in its metropolitan area, the Viracopos International Airport, which stands in the international transport of cargo.
Campinas' main economic activities are agriculture (mainly coffee, sugarcane, and cotton), industry (textiles, motorcycles, cars, machinery, agricultural equipment, food and beverages, chemical and petrochemical, pharmaceuticals, paper and cellulose, telecommunications, computers and electronics, etc.), commerce and services.Downtown Campinas.
The Campinas Metropolitan Region is home to many national and international high-tech industries, including IBM, Dell, Motorola, Freescale, Lucent, Nortel, Compaq, Celestica, Samsung, Alcatel, Bosch, 3M, Texas Instruments.
The airline TRIP Linhas Aéreas is headquartered in Campinas. The Viracopos airport is also the operational hub of Azul Airlines.
The automotive industry is also heavily represented: General Motors, Mercedes-Benz, Honda, Magneti Marelli, Eaton Corporation, Tenneco, Toyota and many others are present. It also has a sizable pharmaceutical industry sector, with companies like Medley Farma, EMS Farma, Altana, Merck Sharp and Dohme, Cristália, Valeo, etc.
In addition the region is home to many research centers and universities, such as LNLS, CPqD, CenPRA, Embrapa, Unicamp, Facamp and Puccamp. According to the Times Higher Education 2007 World University Rankings, the University of Campinas (Unicamp) is the 177th best university in the world, and the 2nd best in Latin America (after the University of São Paulo in 176th place).View of Downtown Campinas at night.
Campinas also boasts the largest number of high-tech business incubators and industrial parks (a total of eight), such as the CIATEC I and II, Softex, TechnoPark, InCamp, Polis, TechTown, Industrial Park of Campinas and others.
The presence of one of the largest oil refineries in Latin America (350,824 barrels (55,776.6 m3) of crude per day), operated by Petrobras in the neighboring county of Paulínia, has attracted many petrochemical companies to the Campinas area, including DuPont, Rhone-Poulenc, and Royal Dutch Shell.
The Brazilian Pró-Álcool Program was developed in Campinas: a whole industry based on the use of ethanol as a combustible for motor vehicles, going from a new sucrose-rich sugarcane, to alcohol refineries, a huge distribution system, and, most recently, an internal combustion engine capable of using either gasoline or ethanol.
Other examples of Campinas-bred technologies are fiber optics, lasers for telecommunications and medical applications, integrated circuits design and fabrication, satellite environmental monitoring of natural resources, software for agriculture, digital telephone switches, deep-water oil exploration platforms and technologies, biomedical equipment, medical software, genetic engineering and recombinant DNA technologies for food production and pharmaceutics, and food engineering. Because of this, Campinas has been called the Brazilian Silicon Valley.Socio-economic conditions Low-cost apartments under construction.
Despite Campinas' position of wealth and social and economic opportunity vis-a-vis the rest of the country, the average per capita income of little more than US$ 17,700 per year clearly indicates that there are problems. If re-evaluated in terms of PPP (Purchasing Power Parity), Campinas' average income looks better (roughly 12,300 USD per year).