Brazil 2014 Massive Infrastructure Investment

Posted by Pablo R on Dec 28, 2012 in World Cup | 0 comments

The Brazilian government today reduced the list of priority works complementary to the World Cup in 2014. This modification of the monetary priorities will make the Brazilian commission save around $1.500 million today  informed the Brazilian Ministry of Sports.

With the revision, the budget decreased from $ 14,500 million  to 13,000 million, easing certain pressures the government was facing regarding the ongoing/massive investment the next World Cup is coming to be.

The reduction was due to the fact that six of this ongoing works would not be able to meet the deadlines set by the Government for completion and will now spend the Growth Acceleration Plan (GAP), an ambitious infrastructure program with a more flexible schedule. This plan will attempt to modify the priority behind these structures, therefore accelerating their construction.

Five of the works were to improve urban mobility, as the broker Curitiba metropolitan buses, monorails of Manaus and Sao Paulo, the modern system bus Manaus and restructuring of an avenue in Natal. The other work that was postponed and will not be taken into account within the timeframe of the Brazil 2014 World Cup will be a reform Salgado Filho airport in Porto Alegre.

However, this modification in the Brazil 2014 construction plans also opened space for new projects. The modification included eight new works: three in Rio de Janeiro, where there will be reforms around Maracana stadium, a road connection with the Quinta da Boa Vista and the reform of the railway station and Metro Mangueira. In the official report, 45 of the 53 projects are running.

In what has to do with the stadiums, the Ministry did not mention changes in the timing for delivery of the works, but said the six scenarios that will receive next year’s Confederations Cup. Maracana is the more delayed location with only 75 percent of its conclusion.  The Fonte Nova stadium in Salvador, is around 83 percent complete. Fortaleza is the only location that has been completed.