British businesses to capitalize on Olympic success

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Following a successful summer of sport in London, UK firms are in pole-position to win projects worth up to £250m at the 2014 FIFA World Cup and Rio 2016 Olympic and Paralympic Games.

So far, 22 British companies have won 36 contracts for the events in Brazil, which together amount to over £70m, and more are looking to secure deals as 58 British businesses will travel to Brazil this week alongside the Prime Minister.

Prime Minister, David Cameron, said:

“We want to make sure we seize this unique opportunity to build on the close ties we have developed with Brazil as the next host nation, share our experiences and open the door for more British businesses.

“With UK companies already working closely with Rio 2016, winning contracts and building business links, we are in an ideal position to boost British business in Brazil from Rio 2016 and beyond.”

Building on the success of the Olympics, 160 missions to and from South America have already taken place, covering everything from transport to budget monitoring, and sustainability to volunteering. Britain aim to secure a link with Brazil and by strengthening a working relationship will hope to deliver an economic legacy for the UK.

Paul Deighton, London Organising Committee of Olympic and Paralympic Games Chairman, said:

“Thousands of British businesses and partners delivered a hugely successful Olympic and Paralympic Games. We have a close working relationship with Rio and will be having a full de-brief with them in November and sharing our experiences. Hosting the Games presents a huge opportunity for Brazil, and British companies are well placed to maximize on London’s excellent reputation for delivery.”

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