By DanRj on November 12, 2010.
According to Rio´s main newspaper, O Globo, there are several projects planned for the city from now until 2016. The Federal government will grant Rio a total of 20 Billion Reals in order to modernize the city for the 2014 Fifa World Cup and the 2016 Olympics.
The most important projects are:
1) Expansion of subway from Ipanema to Barra da Tijuca: 5 Billion reals investment.
2) Maracana: The world´s most famous football stadium will be host to the final match of the 2014 World Cup. The project will modernize the area according to FIFA standards.
3) TRANSBAIXADA: This new highway will connect the Via Light ( a 10,5 km highway ) with the Rio-Petropolis road.