Brazil to invest US$16 billion in Río Olympics

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
April 23, 2014 Read time: 1 min
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.

Related Content

  • Cost benefit goes under the microscope
    August 21, 2017
    Conventional cost benefit analysis (CBA) of plans for urban smart mobility initiatives needs serious rethinking, according to a recently-completed European study. The three-year Evidence Project (the Project) emerged in response to concerns about the availability and quality of documented research – including CBA – required to prove that investment in sustainable urban mobility plans (SUMPs) can be economically beneficial. Covering 22 sectors ranging from electric vehicles to shared spaces, the Project clai
    Read More
  • ‘Expressways’ a move in the right direction to improve UK roads
    March 23, 2015
    “A move in the right direction” is the message from the Freight Transport Association today – responding to the news that a new class of what it calls continental-style ‘expressways’ are to be developed as part of the Highways Agency (HA) Road Investment Strategy. FTA has said it is in support of the development of ‘expressways’ on major A roads across the country and considers them to be a step forward to improve the reliability and safety on some of the major routes across the UK.
    Read More
  • Change in the air for Brazil WiM
    May 7, 2021
    Recent changes to weighing standards and legislation in Brazil allow for expansion of Weigh in Motion technology in an attempt to address some familiar challenges
    Read More
  • £10.6m boost for Glasgow sustainable travel
    July 8, 2025
    Initiatives to encourage more walking and cycling will receive funding
    Read More

Highlighted Content