Natal Brazil Set For Major Infrastructure Investment

  • 15 years ago
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2/12/09 – Natal Brazil is set for huge infrastructure improvements in preparation for the 2014 world cup and 2016 Olympics. Improvements will be see new roads hotels and increased public transport
In September the Secretary of Infrastructure of the State of Rio Grande do Norte and the Secretary of Urban Mobility of Natal had requested funds from the federal government for the construction of new and improved roads and bus routes connecting the new airport of Sao Gonçalo de Amarante, the airport of Augusto Severo, the hotels of Ponta Negra and the Via Costeira to the area where the new stadium is to be built in preparation for the 2014 FIFA world cup.

In order to attract foreign investments to the area the government is investing R$ 1 billion to improve infrastructure including a new airport said to be the largest airport in Latin America which will accommodate a total of 40 million passengers when it opens.
The Association for Inward Investment in Real Estate and Tourism in Brazil,  said there are major opportunities for foreign investors in Brazil.

‘The Brazilian economy clearly shows that Brazil is a country with great potential.

The economic and political stability and the fact that Brazil came out of the crisis before the majority of first world countries demonstrates that our country is ready to welcome foreign investments,’ said Felipe Cavalcante, president of ADIT.

‘Brazil’s middle class is another attractive factor for investors, since they also want to benefit from Brazil’s domestic market.

The Investment Grade Rating (investment index) that Brazil received from three agencies, such as Fitch Ratings, Standard & Poor’s and Moody’s, which analyze and classify the level of risk, are also taken into account when speaking about foreign investments for Brazil,’ he added.

Property in Natal at Capim Macio Natal

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