Monday, November 29, 2010

Brazilian Officials See Opportunities in World Cup Preparations

Officials in Brazil are hoping to cash in on their investments for the 2014 World Cup, and to create a broad legacy from the event.

The city of Rio and the federal government's national economic growth acceleration plan (PAC) envisages investment of 4bn Brazilian reais ($2.33bn; £1.46) for the city.

The investment will be concentrated in three areas: logistics (including roads, railways, ports, waterways, and airports), energy (including generation and transmission of electric power, petroleum, natural gas and renewable energy) and various other social and urban projects.

Brazil looks to score sporting and economic legacy
November 22, 2010