Brazil’s infrastructure is starting to feel the strain of the country’s expanding economy, which grew by 7.5 percent in 2010 and is expected to grow by 4.5 to 5 percent this year, the Financial Times reports. The country’s plans for hosting two big international sporting events, the FIFA World Cup and the Olympics, in 2014 and 2016 respectively, are underscoring how its overburdened airports, highways, seaports, urban roads and railways need major expansions and rehabilitation, the news agency says. There are reports that Brazil’s plans to invest up to $562 billion in mega-infrastructure projects have stalled, with a senior government official confirming that the preparations in Rio de Janeiro have been delayed by the recent flooding and landslides there.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.