Please complete billing information to continue with your purchase
Brazil's inadequate airport and urban transportation infrastructure present the most significant challenges as the country prepares to host the FIFA World Cup and the Olympic Games. Brazil is tackling this issue with investment. In terms of urban transportation, the projects underway involve investments of 48 billion reais (US$24 billion), while for airports the government has put an ambitious plan in motion to allow private corporations to run the terminals under concessions. But time is running out: The World Cup begins in just 15 months, while the Olympic Games are only three years away.
INCLUDED IN THIS MONTH'S SERIES:
According to the sports ministry, the stadiums in the 12 cities that will host the FIFA World Cup in 2014 have been remodeled and transformed. In almost all cases, their capacities have been increased to at least 45,000, with some holding more than 65,000 spectators. Total investments in stadium expansions and improvements have reached around 7 billion reais (US$3.46 billion), the ministry claims.
Urban transportation is one of the issues of critical importance in Brazil and could present difficulties during the World Cup and Olympic Games. Masses of fans arriving at the stadiums around the country will prove to be a major transport challenge for cities.
The World Cup will produce significant economic benefits for Brazilians. Aside from the transformation of infrastructure in some of the countrys largest cities, the government estimates that the investments will generate around 2.8 million jobs over the next five years and around US$90 billion will be added to the countrys GDP.
Outlook 2014 Infrastructure: Closing the infrastructure gap
Financing infrastructure projects: Regional capital markets gain ground
Getting back on track: The resurgence of railways in Latin America
Panama invests to become a global connection hub
Infrastructure Survey 2013: Results and Analysis
Outlook 2013 (Compiled from all sectors)
Outlook 2013 - Infrastructure
South American airports: Concessions models under pressure
Infrastructure Outlook: Big Promises for 2015
Latin America's Prison Problem
Infrastructure Investment in Central America Set to Take Off
Infra, Water and Waste Stats 4Q13