Real-estate And System Investment Is On The Increase In Rio De Janeiro
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Rio de Janeiro is becoming ready to host 2 main functions in the following number of years, the Soccer World Cup in 2014, and the Summer Olympics in 2016. To arrange for such high quality events, Rio requires carefully planned strategy of investment that promote the lasting growth of Rio de Janeiro. Ambitious strategies are being developed and key new investments are reported everyday by the Brazilian press. You will see significant interventions in traffic arrangement, the hotel and apartment sector and the revitalization of neglected urban areas. The list is endless and comprises of new hotels, new transportation structure, real estate property improvements, apartments and flats initiatives and new business growth, especially in tourism and telecommunications. Rio de Janeiro's serious public transit issues may also be ending. New enhancements contain growth of the train to Barra da Tijuca and construction of BRT's (Bus Rapid Transit). Development of the Nr. 4 train line has previously started. The 14 km stretch of line will go from Barra through Sao Conrado, Gavea, Leblon to Ipanema on through Copacabana. The state government anticipates that Nr. 4 will be inaugurated before 2016 and should carry up to 240,000 people everyday. The hotel and apartment homes real estate marketplace is also prosperous with brand-new developments. Business tycoon Eike Batista is pumping R$200 million (US$117 million) into renovating the Hotel Gloria. The BNDES (National Development Bank) is also investing greatly in the apartment hotel market and is offering superb lines of credit to stimulate tourism in the city. Rio's 6 million occupants are delighted with the city's make-over. Anyone who adores this magnificent city has great aspirations and expectations for Rio de Janeiro. Brazil's main tourist destination, Rio de Janeiro (including Copacabana and Ipanema), is preparing to greet the world with wide open arms. The whole world will experience the electricity of this wonderful location.