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20-Jul-2010 11:01 AM

Brazil to invest USD3bn on airports for 2014 World Cup

Brazil will invest USD3 billion to renovate and expand airports ahead of the 2014 FIFA World Cup (Ventura County Star, 19-Jul-2010). Authorities signed a document on 19-Jul-2010 securing the investments and creating a timetable for construction of facilities in time for the event. The document allows Brazil's civil aviation agency to accelerate work to renovate 13 airports across the country.