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US$ 11.1 billion for Rio Olympic facilities

10/06/2009 02:30:00 PM

Rio, Oct (EPC News): Olympic 2016 host Brazilian city Rio will spend an estimated US $11.1 billion in building facilities and supporting infrastructure, said the officials of Brazil Olympic Committee.Â The city will also host the 2014 FIFA Soccer World Cup, and some venues will be used for both events.

Venues for the games will be held in four areas of the city - Barra da Tijuca, Copacabana, Deodoro and Maracana. The main stadium will be in Maracana, while Barra da Tijuca will also be the location for the Olympic Village. Stadiums in Salvador, Sao Paulo, Belo Horizonte and Brasilia will be used for both the 2014 World Cup as well as the Olympic soccer tournament.

EPC News Bureau