Brazil’s World Cup Host Cities Will Have Additional Funds for Investing in Tourist Infrastructure

Resources from the Ministry of Tourism will be used for implementing tourist information centres, as well as putting up street signs and accessibility related construction works. 

Less than seven hundred days away from the beginning of the 2014 World Cup, the Brazil Ministry of Tourism announced a tourist focused capital reinforcement for the tournament’s host cities. R$ 110.6 million ($55 million) has been allocated for tourist infrastructure related construction works in the World Cup’s 12 host cities.

Another R$ 10 million ($5 million) in matching funds will be added to the investment, as financial matching for actions taken by state and municipal governments.

The resources will be allocated to projects for the implementation of Tourist Information Centres (CATs), putting up tourist signs and accessibility related construction works in the cities’ tourist sites. These three funding categories are part of the federal government’s preparation related commitments for the 2014 World Cup, which will be delivered by the ministry.

The resources were allocated in the following manner: Belo Horizonte (R$ 5.62 million), Brasilia (R$ 3.49 million), Cuiabá (R$ 3.31 million), Curitiba (R$ 8.57 million), Fortaleza (R$ 17.43 million), Manaus (R$ 1.84 million), Natal (R$ 17.58 million), Porto Alegre (R$ 11.29 million), Recife (R$ 14.97 million), Rio de Janeiro (R$ 17.92 million), Salvador (R$ 7.69 million) and Sao Paulo (R$ 896 thousand).

The resources announced for host cities are part of the total of R$ 323.7 million ($160 million) committed by the Ministry of Tourism for tourist infrastructure related construction works in the whole country.

Source: Ministry of Tourism and the World Cup Portal


Tags assigned to this article:
brazil

You may have an interest in also reading…

From Lebanon to Brazil – Joseph Safra

A Global Presence The Safra family fortune – today expressed in billions of dollars – originated on the dusty tracks

Fausto Ribeiro, CEO of Banco do Brasil: Green Dreams Coming True as Brazilian Bank Focuses on ESG

The financial sector has a key role to play in the transition to a new model. At Banco do Brasil,

Gold Becomes Peru’s Main Export Item in the First Quarter of 2012

Peruvian gold sales totalled 2.57 billion dollars in the first quarter of this year, making the commodity the country’s top