Brazil's $42 Billion World Cup Investment

24 July 2009 - 10:00am

It's going to cost Brazil more than $42 billion in infrastructure costs to host the 2014 soccer World Cup, according to a recent report.

The costs will be spread throughout the 12 host cities, though some will rake in more than others. Almost half of the money will likely be spent in Sao Paulo.

"The total includes costs for new stadiums and improvements in transportation, public safety, health systems and several other areas, G1 said after analyzing the projects of each city. The money for the projects is expected to come from both the public and private sectors."

Source: Associated Press, July 22, 2009
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There is lots of theory, and lots of wonderful mathematics, and even lots of dealmaking. But the financial engineers are not real engineers who take responsibility for the bridges that fall down. They have no notion of a safety factor.