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Brazil property news: Construction work gets underway

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2 September 2009

The Brazilian government has ordered construction work to get underway on a series of infrastructural projects, football stadiums and new properties in Brazil, in preparation for the football World Cup which will be held in the country in 2014, report UV10.

Brazil’s sports minister Orlando Silva recently told radio show Bom Dia Ministro that there are a series of projects taking place in the 12 locations that will stage World Cup football matches, Belo Horizonte, Brasília, Cuiabá, Curitiba, Fortaleza, Manaus, Natal, Porto Alegre, Recife, Rio de Janeiro, Salvador and Sáo Paulo.

Mr Silva and Mr Fortes said that most building works and infrastructure developments will be completed by 2013, a year before the football tournament starts. There will also be new transport networks that will be of long-term benefit to Brazil property owners in the host cities.

Additionally, Brazil's civil aviation authorities will also be working to make sure that the airports in each of the 12 cities have direct flights to other host destinations.

A new airport called Sao Goncalo de Amarante is also being constructed in Natal at a cost of around £400m and will become the largest commercial airport in Latin America and the fourth largest in the world.

People who own property in Belo Horizonte, property in Sao Paulo and property in Curitiba are also set to benefit from a new high-speed bullet train that will be built in time for the tournament and will link the three regions.

Rio in Brazil is also shortlisted as a leading candidate to host the 2016 Olympic Games. A successful bid will almost certainly drive Brazil property prices up and boost the country’s profile further.

“Rio de Janeiro is an important Brazilian and world city,” said President Lula. “The federal government guarantees its full support to revitalise the port, which will become another icon of the city.”

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