THE CITY OF SAO PAULO, THE SOUTHERN HEMISPHERE'S GIANT
One-of-a-kind, the City of Sao Paulo is Latin America's hub for business, investments (it is the Region financial center), culture and entertainment. This unique city is your entrance to Latin America's market. Indeed, the city of Sao Paulo is a megalopolis located in the southeast region of Brazil, listed by the Globalization and World Cities Research Network (GaWC) as an alpha global city. It is the capital of the State of Sao Paulo, Brazil's richest and most developed state.
Besides being the most populous city in the Western and Southern Hemispheres, the City of Sao Paulo is the destination that receives more tourists in Brazil. It encompasses the largest Portuguese-speaking community in the world, the biggest Japanese community outside Japan, world's largest Lebanese community - actually, there are more Lebanese living in Sao Paulo than in Lebanon - and numerous other extraordinary facts that will amaze whomever discovers this fascinating, business-friendly and booming city.
Having the biggest economy by GDP both in Latin America and in the Southern Hemisphere, and the world's 11th largest GDP in the world, the CIty of Sao Paulo itself accounts for 10.7% of all Brazilian GDP and 36% of the production of goods and services in the State of Sao Paulo.
Everything in Sao Paulo is huge. The city of Sao Paulo is home to 63% of multinationals incorporated in the country. Near one-third of Brazil's scientific work occurs in the city of Sao Paulo. With a GDP of US$477 billion, the City of Sao Paulo's economy is the 24th strongest in the world. The city also has the largest concentration of German businesses worldwide and is the largest Swedish industrial hub alongside Gothenburg (according to the Swedish-Brazilian Chamber of Commerce).
Its importance is tremendous, so anyone intending to do business in Brazil should consider the city as a must. Indeed, Sao Paulo is for Brazil what the United States is for the world.
Important international events are held in the city, such as the Formula 1 Grand Prix, ATP Brazil Open, Biennial of Arts, SPFW, the Automobile Trade Show, Fenit, and it is the stage of the world's largest Pride Parade in the globe.
By far, the city is the leader in business events in the country. Every year, Sao Paulo welcomes 13 million tourists. Business tourism and events account for 75% of hotels' occupancy. By the way, the city has the largest number of hotels in Brazil, offering more than 75,600 bedrooms. Sao Paulo Convention Visitors & Bureau forecasts for the city in 2018 is 1,987 events (fairs, congresses, conventions, meetings, forums, exhibitions, races, festivals, and awards). 629 of the 1,987 events are international. Altogether, more than 31.3 million participants (tourists and residents) are estimated at those events.
Renowned as a gourmet city, Sao Paulo has north of 12,500 restaurants serving exquisite food of 52 cuisines. According to the Observatory of SPTuris, the activities most sought after business and events by tourists in Sao Paulo are gastronomy, shopping and nightlife respectively.
The world's biggest fleet of helicopters and helipads is in Sao Paulo, with 700 flights per day. Los Angeles, the second largest city in the United States, has 42 helipads, while the city of Sao Paulo has 215.
Focusing on Brazil only, Sao Paulo is the number one of infrastructure, economic development, consumer market, strategic location, human capital, innovation, quality of life, funding sources, tourism and events, and incentive policies.
The partner cities of Sao Paulo are, Berlin (GER), New York (USA), Moscow (RUS), Paris (FRA), Johannesburg (SAF), Cairo (EGY), Mexico City (MEX), and Caracas (VEN).
Considering purchasing power partity, the city of Sao Paulo is the 10th in the globe, and the 10th richest in the world ane expected to become the 6th richest by 2025, according to a study made by PriceWaterhouse & Coopers.
Sao Paulo Stock Exchange (BM&F Bovespa) is Brazil's official stock and bond exchange., and it is the largest stock exchange in Latin America, trading about billions of dollars every day.
Sao Paulo is ready to grow. Sao Paulo is ready to make your business grow substantially. If you want to learn more, click here.