South Africa to Share World Cup Experience with Brazil

Pretoria, Nov 17. -South Africa that successfully hosted the Soccer World Cup will share its experiences with Brazil which is the venue of the next FIFA tournament.

BUA News reported on Tuesday that a South African delegation, comprising the Trade and Industry Minister Rob Davies and at least 30 companies, are headed for Brazil where they will share expertise in infrastructure projects.

As part of handing over its role as host of the 2010 FIFA World Cup, South Africa will engage in knowledge sharing with Brazil with regards to infrastructure projects, including airport infrastructure and the construction of the stadia.

The delegation will participate in the Investment and Trade Initiative (ITI), from 17 to 20 November.

Davies said the ITI will facilitate the involvement of South African companies in the 2014 World Cup and 2016 Olympics programme.

He added that the event will also be a platform to showcase South African goods and services and promote South Africa as an investment destination. –

Brazil, South Africa and India has set up a cooperation framework known as IBSA through which the thee countries foster political, economic, trade and cooperation relations. (Prensa Latina)