Up to £30 billion worth of construction work could be up for grabs in Brazil as it prepares to host the FIFA World Cup 2014 and the Rio de Janeiro Olympics 2016, according to a new report.
The report, released today, by UK Trade & Investment details the commercial opportunities from over 80 projects which will help prepare Brazil to host these two major sporting events.
Estimates of the investment in infrastructure required to prepare for 2014 range from £10 billion to £30 billion including:
- £1.5 billion on constructing and modernising 12 stadiums
- £1.4 billion expanding and modernising airports across the country
- £10 billion improving and expanding urban transport systems in the 12 world cup host cities
Author of the report Faith Quigley said: “The next few years will be an exciting time for Brazil as they prepare for two of the greatest sporting events on earth. To realise these spectacles, Brazil is investing billions in infrastructure – from stadia to airports, rail and roads.
“The know-how and expertise of UK companies, and the sporting links between our two countries, makes our firms well-placed to take advantage of these opportunities.“