Economy of Recife

A large portion of the modern hospitals included in the pool are located between the neighbourhoods of Derby and of the Ilha do Leite. The Hospital Real Português de Beneficência Portuguesa em Pernambuco, or "Hospital Português" (Portuguese Hospital) for short, is one of the most renowned hospitals in the country. Many people from neighbouring states go to Recife for treatment, as it has the largest and best medical facilities in the North–Northeast of Brazil. Recife has three universities for medicine, 2 public, Federal University of Pernambuco and University of Pernambuco; and 1 private, Escola Pernambucana de Medicina FBV/IMIP (Medical School of Pernambuco).

Due to its ports, airport, and geographic location in the northeastern region of Brazil, Recife is considered one of the biggest logistics centers in Brazil. Logistic and Communications Economic sector employees 4% of the people in Recife, 12,3% in Jaboatão dos Guararapes and over 9% in the Metropolitan Area. These numbers could increase by the end of 2010 with the conclusion of the Transnordestina (main NE Trainline with a 1,800/1,118 km/mi extension, which will cross 3 and connect 7 States (34 municipalities in Pernambuco alone) products with Suape port (PE) and Pecem Port (CE)) with costs that are estimated to be around 4.5 BR$.

Recife has historically benefited from its central location in the Northeast region. In a 200-mile (320 km) radius from Recife, it is possible to find four state capitals, two international and three regional airports, five international ports, 12 million people, 51% of the research centres of Northeast and 35% of the region's GDP. Similarly, in a 500-mile (800 km) radius there are seven state capitals, five