Brazil Buys Infrastructure

Belo Horizonte : Brazil | Sep 17, 2011 at 6:42 AM PDT

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FIFA World Cup Brazil 2014 - Host Cities

Brazil’s infrastructure investments help fight financial crisis

Brazilian President Dilma Rousseff said Friday that investing in large infrastructure projects is a deliberate strategy to counter the impact of the global financial crisis.

“Keeping investing heavily in infrastructure is part of our strategy to ensure that Brazil maintains its development at an adequate pace, to say no to the global crisis,” she said.

One thousand days before the 2014 FIFA World Cup, Rousseff visited the Mineirao stadium in Belo Horizonte of Minas Gerais state, which is being renovated for the World Cup games.

Besides visiting the stadium, Rousseff also inspected some urban transportation projects for the World Cup.

The Brazilian president announced an additional 1.82 billion U.S. dollars will be invested in the urban infrastructure of Belo Horizonte.

“The Cup is a moment of affirmation of Brazil, of its capacity to organize large events,” she said.

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Brazilian President Dilma Rousseff (R), and former Brazilian footballer Edson Arantes do Nascimento aka "Pele"

ReporterPXT is based in Islamabad, Federal Capital Area, Pakistan, and is a Stringer for Allvoices.

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Brazilian President Dilma Rousseff (R), and former Brazilian footballer ...