Rio de Janiero’s world famous football stadium Maracana, which used to hold just under 200,000 standing spectators, when it was first built for the 1950 World Cup, is in the process of being re-built to house 85,000 seated spectators and fulfil all FIFA’s security specifications .
It is scheduled to be ready in 2013 well in time for the World Cup final in July 13th 2014 but there is a report out that the stadium has suffered a n explosion with one worker reported dead and other workers striking complaining about working conditions.
Maracana is one of twelve stadiums being upgraded or built from scratch around Brazil in readiness for the World Cup – Manaus, Fortaleza, Natal, Recife, Salvador, Cuiaba, Brasilia, Belo Horizonte, Porto Alegre, Rio de Janeiro, Sao Paulo, Curitiba – and a total of approximately £660 million has been put aside for the repair, upgrading and construction of the stadiums of which three are privately owned.
Certainly there are huge opportunities for UK companies to be part of the huge World Cup and Olympics in 2016 but it will be part of the lower supply chain for the massive infrastructure upgrading which needs to take place. The window of opportunity is amazingly beginning to close as so many companies from around the world are already moving in on Brazil as they scent profits now and in the future.
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