Rio de Janeiro has launched a tender for a 52 million-real (about $21.8 million) revamp of the city's 2016 Olympic athletics stadium.
The winning bidder will be announced Dec 2, with work due to be finished by November 2015, according to government documents, reports Xinhua.
Planned works on the Joao Havelange Stadium include the installation of additional spectator seats, a new athletics track, telecommunication cables, security cameras, an external ramp, a medium-tension electric power system, new LED screens and improved lighting.
The redevelopment will increase the venue's spectator capacity from 45,000 to 60,000.
Built for the 2007 Pan American Games, the stadium was closed in March 2013 after an appraisal by an independent engineering firm showed its roof could collapse due to structural faults.
According to Rio Mayor Eduardo Paes, the venue is due to reopen this year.
It is expected to remain available for local football matches during the redevelopment period.
Known locally as the Engenhao, the stadium will host track and field events at the 2016 Olympics.
In addition to the venue's redevelopment, work has begun to urbanise the surrounding area. The project includes a new public square, a bicycle track and drainage systems.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
