Rio winning in investment, failing on culture FEATURE 04/20/2011

Rio winning in investment, failing on culture

FEATURE

04/20/2011
RIO DE JANEIRO — Despite a wealth of investment ahead of the 2014 World Cup and 2016 Olympic Games, Rio de Janeiro officials admit they are falling short in renovating the city’s many cultural sites.

Nestled in a forest of skyscrapers in the heart of Rio, baroque churches, colonial homes, worn cobblestone streets and Art Deco buildings testify to a past often swept away in the urban sprawl that has destroyed countless buildings since the 1940s.

With the Olympic Games five years away, Rio is banking on some $17 billion in investment — make that a hefty $24 billion if you include funds earmarked over the next three years for the 2014 World Cup finals..... MORE

Source:  The Daily Tribune

URL: http://www.tribuneonline.org/commentary/20110420com3.html