Brazilian Football Investment Kicks Off
Official preparations for the World Cup have begun in Natal, north east Brazil. At the presentation, the Mayor unveiled plans for R$800 million in investments.
Brazil is preparing for the 2014 World Cup in earnest. Part of this preparation includes events in host cities to present investment plans to local businesses. Natal, the fourth Brazilian city to hold the event, will receive a total of R$800 million in public funds plus an unspecified amount of private investment.
Speaking to the many entrepreneurs at the event, the Mayor Micarla de Sousa said that the World Cup is hugely important for Natal and by extension, Rio Grande do Norte. “Natal will never be the same after the World Cup,” she told those present.
Big Urban Improvements
Part of the government investment in Natal will go towards urban improvements such as street paving, drainage and sanitation. Further funds will be spent on upgrading transport infrastructure such as converting the Natal-Mossoro highway into dual-carriageway.
Most government money is coming from the Growth Acceleration Programme (PAC), the same funds that are financing Minha Casa Minha Vida, the largest investment in real estate in Brazil. The remainder of public funds form part of the federal budget for the World Cup.
The new stadium in Natal will, as is the case in most of the host cities, form the centre piece of Brazilian investment in the football tournament. The Arena das Dunas is being built under a public-private partnership and has a budget of R$400 million. Built to seat 42,000 spectators, the stadium will be finished in December 2013 in time to host four or five World Cup matches.
Big Opportunities for Investment
Brazil is more than conscious of the massive opportunities that come from hosting a world class sporting event. Natal’s Mayor reported that in Natal alone, the World Cup will create 30,000 new jobs with 15,000 of these in the civil construction sector.
“This is the moment. This is the opportunity,” Ms de Sousa explained as she urged local businesses to make the most of all the opportunities available to them. As well as civil construction, other sectors expected to benefit from the World Cup are tourism and services.
One of the main objectives of the Natal presentation was to provide a platform for entrepreneurs so they could pinpoint specific areas for investment. At the event, Natal businesses drew up plans of action to identify areas with maximum investment potential.
For Obelisk International, the 2014 World Cup represents a unique event for all the Brazilian host cities and offers exceptional opportunities for investment in Brazil. And these opportunities are not just limited to the World Cup cities themselves – Obelisk International believes that the areas of influence go beyond city boundaries and out into most of Brazil.
Contact Obelisk International on 0034 952 820 319. Via email: info@obeliskinternational.com or visit our website: www.obeliskinternational.com.
Follow us on Twitter, Facebook and LinkedIn.
Brazil is preparing for the 2014 World Cup in earnest. Part of this preparation includes events in host cities to present investment plans to local businesses. Natal, the fourth Brazilian city to hold the event, will receive a total of R$800 million in public funds plus an unspecified amount of private investment.
Speaking to the many entrepreneurs at the event, the Mayor Micarla de Sousa said that the World Cup is hugely important for Natal and by extension, Rio Grande do Norte. “Natal will never be the same after the World Cup,” she told those present.
Big Urban Improvements
Part of the government investment in Natal will go towards urban improvements such as street paving, drainage and sanitation. Further funds will be spent on upgrading transport infrastructure such as converting the Natal-Mossoro highway into dual-carriageway.
Most government money is coming from the Growth Acceleration Programme (PAC), the same funds that are financing Minha Casa Minha Vida, the largest investment in real estate in Brazil. The remainder of public funds form part of the federal budget for the World Cup.
The new stadium in Natal will, as is the case in most of the host cities, form the centre piece of Brazilian investment in the football tournament. The Arena das Dunas is being built under a public-private partnership and has a budget of R$400 million. Built to seat 42,000 spectators, the stadium will be finished in December 2013 in time to host four or five World Cup matches.
Big Opportunities for Investment
Brazil is more than conscious of the massive opportunities that come from hosting a world class sporting event. Natal’s Mayor reported that in Natal alone, the World Cup will create 30,000 new jobs with 15,000 of these in the civil construction sector.
“This is the moment. This is the opportunity,” Ms de Sousa explained as she urged local businesses to make the most of all the opportunities available to them. As well as civil construction, other sectors expected to benefit from the World Cup are tourism and services.
One of the main objectives of the Natal presentation was to provide a platform for entrepreneurs so they could pinpoint specific areas for investment. At the event, Natal businesses drew up plans of action to identify areas with maximum investment potential.
For Obelisk International, the 2014 World Cup represents a unique event for all the Brazilian host cities and offers exceptional opportunities for investment in Brazil. And these opportunities are not just limited to the World Cup cities themselves – Obelisk International believes that the areas of influence go beyond city boundaries and out into most of Brazil.
Contact Obelisk International on 0034 952 820 319. Via email: info@obeliskinternational.com or visit our website: www.obeliskinternational.com.
Follow us on Twitter, Facebook and LinkedIn.
Labels: Brazil, Brazil property investment, Brazilian real estate, investing in Brazil, investment in Brazil, investments, Minha Casa Minha Vida, Obelisk International, property investment
posted by Alison Kane at 2:09 pm
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