Funding available for investment in Brazil's tourism sector
Date added: 9th April, 2010 at 07:14
(view all articles from April, 2010)
Categories: Tourism, Olympics 2016, World Cup 2014
The government has organised a widespread programme of investment in Brazil in order to ensure the country's tourism infrastructure is ready for the World Cup and Olympics.
Brazil's economy has benefited from the rapid growth of the country's tourism industry in recent years, with visitor numbers climbing from 4.7 million in 2001 to 7.2 million in 2008.
The figures are expected to continue rising in the coming years, with Brazil's status as host of the 2014 World Cup and 2016 Olympics giving the country the opportunity to raise its profile across the world.
Chris Fuzinatto of Embratur, the Brazilian Tourist Office, said staging the two events was a huge undertaking, but emphasised the government had made plans to find the funds needed.
He explained that the Urban Mobility Growth Acceleration Programme has made R$5 billion (£1.8 billion) available for infrastructure work in the 12 host cities for the World Cup and that R$1 billion is available from the ProCup Hotels scheme to fund the modernisation of hotels.
Mr Fuzinatto added that in addition to the programme of investment in Brazil's tourism industry plans were being made to ensure visitors keep coming after the sporting events are over.
An agreement is in place to promote Brazil as a golf holiday destination, while it is also growing in popularity with eco-tourists as it is home to a wide variety of flora and fauna.
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