Officials in Brazil have estimated the total cost of infrastructure and works related to the 2016 Summer Olympics in Rio de Janiero to be US$16.3, with 60 per cent of the funds coming from private investors.
Some US$2.5 billion of the overall budget would be spent on projects exclusively directed to the event, Agência Brasil reports.
Río de Janeiro city itself will invest US$6.3 billion in fourteen projects, including light rail transit and bus rapid transit projects, as well as drainage works in the
Officials in Brazil have estimated the total cost of infrastructure and works related to the 2016 Summer Olympics in Rio de Janiero to be US$16.3, with 60 per cent of the funds coming from private investors.
Some US$2.5 billion of the overall budget would be spent on projects exclusively directed to the event, Agência Brasil reports.
Río de Janeiro city itself will invest US$6.3 billion in fourteen projects, including light rail transit and bus rapid transit projects, as well as drainage works in the area.
The state government will invest US$4.3 billion in 10 legacy projects, the highlight being metro line 4, which will receive US$4 billion.
Some US$2.5 billion of the overall budget would be spent on projects exclusively directed to the event, Agência Brasil reports.
Río de Janeiro city itself will invest US$6.3 billion in fourteen projects, including light rail transit and bus rapid transit projects, as well as drainage works in the area.
The state government will invest US$4.3 billion in 10 legacy projects, the highlight being metro line 4, which will receive US$4 billion.
