Friday, December 30, 2011

Rio De Janeiro Guides The Path For Real Estate Properties And Transportation Investments

By Pamela Souza


Rio de Janeiro is getting prepared to host 2 main functions in the subsequent number of years, the Soccer World Cup in 2014, and the Summer Olympic Games in 2016. To arrange for such high quality events, the city demands well planned strategy of investment that stimulate the sustainable advancement of Rio de Janeiro.

Hardworking strategies are being formulated and important new investments are documented every day by the Brazilian press. You will see significant interventions in traffic organization, the hotel and apartment sector and the revitalization of neglected urban areas. Their list is never-ending and comprises of new hotels, new transportation systems, real-estate improvements, flats and apartment projects and new companies, specially in travel related and telecommunications.

Rio de Janeiro's significant public transportation difficulties may also be coming to an end. New enhancements contain expansion of the train to Barra da Tijuca and construction of BRTs (Bus Rapid Transit).

Production of the Nr. 4 train line has presently initiated. The 14 km stretch of line will go from Barra via Sao Conrado, Gavea, Leblon to Ipanema on through Copacabana. The state government anticipates that Nr. 4 is going to be inaugurated before 2016 and should carry up to 240,000 persons everyday.

The hotel and apartment homes real estate marketplace is likewise thriving with brand-new developments. Business tycoon Eike Batista is pumping R$200 million (US$117 million) into remodeling the Hotel Gloria. The BNDES (National Development Bank) is also investing greatly in the apartment hotel industry and is offering exceptional lines of credit to boost tourism in the city.

Rio's 6 million occupants are pleased with the city's make-over. Anybody who adores this amazing city has wonderful ambitions and anticipation for Rio de Janeiro. Brazil's principal tourist destination, Rio de Janeiro (which includes Ipanema and Copacabana), is getting ready to greet the world with open arms. The whole planet will experience the vitality of this excellent place.




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