Thursday, October 28, 2010

Stadium Work Could Spread to Brazil for South African Companies

Some of the South African companies that helped build and renovate that country's stadia for the 2010 World Cup are bidding to do similar work in Brazil ahead of the 2014 World Cup.

Several have pitched for construction and renovation of some of the 12 stadiums in Brazil for the 2014 World Cup. The South American country last hosted the tournament in 1950.

While the South African government allocated more than R8.4-billion ($1.9 billion USD) for building and renovating 10 stadiums, Brazil will be spending a reported R18.6-billion ($2.6 billion USD) on its 12 stadiums.

Brazil eyes our stadium builders
October 24, 2010