Sports deal billions up for grabs in Brazil

11 October 2009

12 October 2009 | Allie Anderson

UK suppliers are being urged to bid on deals worth up to £30 billion for the 2014 FIFA World Cup and 2016 Rio Olympics in Brazil.

A report by UK Trade & Investment (UKTI), the government's global business development organisation, detailed some of the opportunities available in the build-up to the sporting events. These include £1.5 billion for constructing and modernising 12 stadia, £1.4 billion on airport expansion and modernisation and up to £10 billion for improving and expanding transport and highways in the 12 host cities.

Faith Quigley, author of the report It's All to Play for in Brazil, said: "The next few years will be an exciting time for Brazil as they prepare for two of the greatest sporting events on earth. To realise these spectacles, Brazil is investing billions in infrastructure.

"The know-how and expertise of UK companies, and the sporting links between our two countries, makes our firms well-placed to take advantage of these opportunities."

Some of the major contracts will go out to tender towards the end of the year. UK businesses interested in finding out more should register with UKTI's portal, which provides information about the opportunities.

Sir Andrew Cahn, chief executive of UKTI, said: "In the current economic conditions, the business provided by staging a games can provide important commercial wins."

Rio de Janeiro was confirmed as the host city for the 2016 Olympic Games earlier this month.

SMoct2009

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