Approximately 71% of the contracts for infrastructure works to prepare Rio de Janeiro to host the 2016 Olympics have been signed and construction works are well under-way according to the Olympic public authority APO.
In a government release, APO president General Fernando Azevedo e Silva said he was satisfied with the advancement of projects which were last monitored in January, “We’re sure that the games in Rio will be well organised.”
The private sector is investing approximately R$ 4.2bn, or 65% of the total in the 2016 Olympics. The rest is being covered by public funds.
The most significant advances over the last six months involves works for the Deodoro Sports Complex projects. There are 11 construction and adaptation projects underway for sports facilities that will host 11 Olympic and four Paralympic events.
The main infrastructure projects for the sporting event includes Rio’s Olympic Park, which covers two different areas of the city, the old Jacarepaguá raceway and the Deodoro sports complex. Other Olympic preparation projects include a bus rapid transit (BRT) system, road improvements, waste-water works and the cleaning up of Guanabara bay.