Overseas property news - ‘bullet boost’ for brazil btl

‘bullet boost’ for brazil btl

Brazil's newest infrastructure plan is sure to excite prospective investors...

Brazil's Ministry of Tourism recently revealed that plans to build a bullet train between Rio de Janeiro and Sao Paulo are currently under consideration.  The new train - which is is part of the Government's preparations for the football World Cup in 2014 - will provide an speedy and essential connection between two of Brazil's most vibrant cities, and could also have a positive impact on local property markets.

Tourism minister Marta Suplicy, commented: “"The 2014 World Cup is a great opportunity for the country to raise its visibility before the world. The infrastructure upgrades and improved connectivity could enhance Brazil’s status as a world-class sporting venue.

Carlos Novis Guimaraes, chairman of the board at Invest Tur, added: “Brazil is likely to enjoy numerous economic benefits as a result of hosting the tournament. The event will accelerate the growth of the country's tourism industry, a development which could boost its buy-to-let sector".

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