Sunday, December 19, 2010

Infrastructure Remains a Concern in Brazil Ahead of Mega-Events

Ahead of the 2014 World Cup and the 2016 Summer Olympics, infrastructure concerns are rapidly increasing in Brazil.

President-elect Dilma Rousseff has pledged to rebuild and revitalize airports, roads, ports, railways and power plants as part of efforts to improve infrastructure. Her administration may create an agency or secretariat for aerospace issues, Valor Economico newspaper reported Nov. 23.

Such a plan “makes sense,” Rosangela Ribeiro, an analyst at brokerage SLW Corretora said in a phone interview from Sao Paulo. “We have a big infrastructure problem, and this jeopardizes the flights. I think it can have a positive result.”

Rio Must Act to Avoid Airport `Disaster' Before World Cup, Governor Says
December 17, 2010