NEW INFRASTRUCTURE IN BRAZIL EXCITES PROPERTY INVESTORS
Wednesday, 14 May 2008
Brazil is gearing up and getting itself ready for the 2014 Football world cup, and in preparation for this prestigious event, Brazilian authorities are ensuring many necessary facilities and infrastructure is in place in time for the influx of tourists and visitors to Brazil.
As is well expected, prospective property investors are also gearing up for their stake in the extremely lucrative Latin American country that is Brazil.
As is mentioned by the Ministry of Tourism in Brazil, “plans to build a bullet train between Rio de Janeiro and Sao Paulo are currently under consideration."
The new train, which is part of the Government's preparations for the football World Cup in 2014, "will provide a speedy and essential connection between two of Brazil's most vibrant cities, and could also have a positive impact on local property markets.”
The tourism minister, Marta Suplicy, also went on to say how “The 2014 World Cup is a great opportunity for the country to raise its visibility before the world. The infrastructure upgrades and improved connectivity could enhance Brazil’s status as a world-class sporting venue.”
In light of this, one can clearly see that Brazil is set to revel in the abundance of lucrative opportunities. Backing this statement is Carlos Novis Guimaraes, chairman of the board at Invest Tur, who added: “Brazil is likely to enjoy numerous economic benefits as a result of hosting the tournament. The event will accelerate the growth of the country's tourism industry, a development which could boost its buy-to-let sector".
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