Ahead of the 2016 Olympics, the host city of Rio de Janeiro is embarking on a massive redevelopment plan in its decaying port area.
The $4.8 billion renovation is aiming to remake the port into the city's most modern neighborhood.
"The action will completely revamp an area of five million square meters and is the most ambitious of a series of projects.
The port area, which includes walking distance of downtown Rio, used to be one of city's most important regions.
However, since the main docks were moved decades ago to another spot of the Guanabara Bay, the region entered a sharp decaying process, as it happened in several other port cities worldwide."
FULL STORY: Rio kicks off big port area revamp for World Cup, Olympics

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