Brazil's Growth and Opportunity
Brazil, now firmly on the tourist map has had numerous tips to becoming the place to holiday and live in the years to come. As part of the infamous BRIC economies, Brazil is seen as a powerhouse for the future. The Amazon basin and all that goes with it are rarely out of the news, but when you are deemed the lungs of the earth it is hardly surprising. On Sunday 31st of May 2009, Brazil celebrated winning the host country for the FIFA World Cup 2014 and all the publicity and tourism that it will bring. This World cup effect will keep Brazil in many peoples minds for many years to come. Natal and Recife in North East Brazil have been named as two of the host cities for the FIFA World Cup and so bringing a massive boost to those areas and beyond. On top of this great sporting event Brazil did it again by its winning bid to host the 2016 Olympic Games. The IOC deemed it suitable and it will be the first time it has been hosted in South America. This football-mad society has a lot of infrastructure and planning to achieve over the next 6-7 years. Brazil will now have to deliver on its proposals and meet the expectations of two very strict governing bodies. As such construction will play a massive part in getting ready for these two events. Apart from the stadiums and sporting arenas, accommodation for athletes and tourists will need to be built to cope with demand. The property market in Brazil started attracting more foreigners in recent years and so there have been a succession of new development being built along the North East coast of Brazil to cope with demand. Many local Brazilians like to holiday on the beach, so developers have tapped into this market as well.
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