Wednesday, February 1, 2012

Real Estate Properties And System Investment Is On The Surge In Rio De Janeiro

By Pamela Souza


Rio de Janeiro is becoming ready to host 2 significant functions in the following few years, the Soccer World Cup in 2014, and the Summer Olympic Games in 2016. To arrange for such quality events, Rio demands well planned investment strategies that stimulate the lasting growth of Rio de Janeiro.

Ambitious programs are being developed and major new investments are documented every day by the Brazilian media. They will have key interventions in traffic arrangement, the hotel and apartment segment and the revitalization of forgotten urban areas. The list is never-ending and comprises of new hotels, new transportation systems, real-estate advancements, apartments and flats initiatives and new business growth, especially in travel and leisure and telecommunications.

Rio de Janeiro's crucial public transit problems may also be ending. New improvements consist of growth of the subway to Barra da Tijuca and construction of BRT's (Bus Rapid Transit).

Production of the Nr. 4 train line has presently begun. The 14 km stretch of line is going from Barra through Sao Conrado, Gavea, Leblon to Ipanema on through Copacabana. The state administration expects that Nr. 4 will be inaugurated previous to 2016 and should transport up to 240,000 persons daily.

The hotel and apartment homes real estate property sector is likewise booming with brand-new developments. Business tycoon Eike Batista is pumping R$200 million (US$117 million) into upgrading the Hotel Gloria. The BNDES (National Development Bank) is additionally investing heavily in the apartment hotel industry and is providing outstanding credit lines to stimulate tourism in the city.

Rio's 6 million occupants are delighted with the city's make-over. Anybody who delights in this impressive city has great dreams and targets for Rio de Janeiro. Brazil's main tourist destination, Rio de Janeiro (including Copacabana and Ipanema), is making preparations to welcome the world with open arms. The whole world will experience the electricity of this excellent place.




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