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The German state of Bavaria is encouraging South African companies to attend a real estate trade fair in October 2006, saying it will attract investors in the 2010 Soccer World Cup.
Hans Spitzner, Bavaria's deputy minister for economic affairs said that SA could benefit from experience Germany was gaining in staging the 2006 Football World Cup.
Specific areas of opportunity that could be triggered by the event included the development of shopping malls, entertainment venues and residential developments, he said. The 2010 Football World Cup is expected to generate billions of rands.
Australia is keen as well to share the experience gained in hosting the 2000 Sydney Olympic Games.
(source: Business Day / Chris Van Gass / 17 February 2005)
The 2010 FIFA Soccer World Cup should boost tourism in Southern Africa, which is currently handicapped by its image as a war zone and the difficulties of travel within the region.
Shepherd Nyaruwata, the executive director of the Regional Tourism Organisation for Southern Africa, said: "There is a need to spruce up the image of the region."
Nyaruwata expected tourist numbers to peak from 14 million last year to 20 million during 2010, with some World Cup soccer fans going on from the soccer tournament in South Africa to visit neighbouring states such as Mozambique and Namibia.
(source: Business Report / Alfonce Mbizwo / 17 March 2005)
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