Currently with nearly a third of execution, Arena Corinthians, in Itaquera, East zone of São Paulo, should have 60% of works completed by the end of the year.
The forecast is of the municipal World Cup secretary Gilmar Tadeu, who yesterday (May 1) was on the construction site of the stadium that will host the opening of the World Cup in 2014, to celebrate the Labor Day.
"The work development is at a good speed. When we started in May 2011, there was a great pessimism in the construction, and now we have reversed this situation. We made up for lost time and, if we continue like this, we will finish 2012 with 60% of the stadium completion," he said optimistically.
Tadeu also talked about the economic impact that the new project will generate, citing a study by a consulting firm that points a billionaire profit in 10 years.
"The stadium will have a significant impact in the area. A work of the company Accenture showed that the stadium will have 30 billion reais of profit in 10 years, with all events that are related to what has been done for the World Cup," he said.
Out of the Confederations Cup, Itaquerão, as it is called, should be ready in December 2013. So far, its cost is R$ 820 million.