Brazil will spend in excess of $1 trillion on infrastructure projects in preparation for the 2014 World Cup and 2016 Olympic Games.

This is in addition to the $280 billion already invested since 2007 by President Luiz Inacio Lula da Silvas administration. The Government’s statement that $878 billion would be spent between 2010 and 2016 is a major boost to the Brazil’s preparation with regard to these major sporting events.

Hundreds of thousands of athletes and spectators from all corners of the globe will be descending on Brazil between 2014 and 2016 and this emerging world power is more than ready to take its place in the spotlight. At a ceremony at the Brazilian foreign affairs ministry last Monday, President Lula da Silva announced a programme of massive airport investment in time for the 2014 World Cup.

The funds will be invested in the airports of the twelve host cities, Rio de Janeiro, Sao Paulo, Belo Horizonte, Brasilia, Cuiab, Curitiba, Fortaleza, Manaos, Porto Alegre, Salvador, Recife and Natal. The Brazilian government anticipates the upgrading will be finalized between June 2013 and April 2014, well in advance of the influx of World Cup visitors.

In answer to Lula da Silva’s remaining opponents, the President on Monday dispelled any lingering doubts as to the Government’s commitments to infrastructure reform with the official launch of the bidding process for the country’s ground-breaking bullet train scheme.

The 510km bullet train route will span the area between Rio de Janeiro and Sao Paulo in a maximum journey time of just 95 minutes. The area is home to some 40,000,000 inhabitants, which equates to twenty percent of the Brazilian population. Coupled with this are many corporations and industries that together generate more than a third of Brazil’s GDP. An extension to Campinas, 50 miles from Sao Paulo has additionally been planned with the purpose of providing access to the center of Brazil’s wealthiest producing and farming area.

Talking at the launch President Lula da Silva said “in the last 15 years no-one in this country has laid a single train track” and guaranteed that “we’re going to provide Brazil with a fantastic road system, waterways and train line systems, and this process has started”.

Whilst the state will maintain a healthy stake in the infrastructure projects, support from the domestic and international private sector is proposed. Significant interest has already been registered from several Western European states including Germany, Spain and France along with South Korea, Japan and China, currently one of Brazils most favoured trading partners.

Key to Brazils infrastructure investment strategy is the planning of projects that will not just support these events but which will provide ongoing social and environmental benefits to the Brazilian people from North to South who need them for many years afterwards.

This article was written by Ginny Naish, Director of Brazil Property Administration, a Brazilian property consultancy based in Joao Pessoa, Paraiba. Brazil Property Administration can provide consultancy advice with regard to project audits , site investigations, project management and Preparation of Design Briefs. Please visit our site for further information.

Have you ever attempted to send money to Brazil but found yourself hesitant because of the ridiculously high cost? Or even worse, have you tried to wire to someone who doesn’t even have access to a financial institution to obtain the money?

If you absolutely needed to transfer funds to Brazil today, you’d only have a few options. Luckily, the money transfer industry will change greatly over the next few years.

If you still need to wire money to Brazil, you can use a bank’s wire system. For international transfers banks created the SWIFT system, which created in the mid-seventies after seven international banks needed to shuffle money and decided to create a system that would allow people to transfer money worldwide.

One downside however is that both parties in the transfer must have bank accounts – the sender in the country they’re sending the cash from and the receiver in the receiving country. If either party is not in their native country it will be difficult since they most likely do not have an account in that country.

A different system does not require a bank account, you simply send money in the name of the other party, and give the person who’s meant to get the money a code which allows them to get the cash. Though a great way to wire money, it was once the primary most popular way for terrorists to wire money internationally. But since September 11th, efforts have been made to tighten security, so now both members in the transfer are required to present some form of identification.

With the growing popularity of cell phones all over the world, the world is transforming before our eyes causing the world of sending money wirelessly to change dramatically. Many wireless companies are now letting their customers transfer funds from mobile to mobile.

Someday, if you want to wire money to Brazil, all you will have to do is input the amount and the phone number you want the money sent to and in a blink the money is transported. Some pre-paid wireless phones already have a service in place so that you can replenish your pre-paid minutes from anywhere in the world. The only difference is the way the recipient goes about collecting the money.

The groundwork has already been laid for mobile-to-mobile transfers, all that’s left is to make the process completely viable from an international standpoint.

Today it’s already possible to use your phone to buy things, and some banks have even started using a credit card that’s a part of your wireless phone. Although it’s only available on the iPhone, it’s a sign of things to come and soon enough wiring money to Brazil will be as easy as clicking send on your Blackberry.

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