Moreover the amount of the foreign direct investment in the country also experiences certain boost with the holding of an international event like the World Cup.
These facts have been established by the reports as published by the country of South Africa that hosted the Football World Cup of the year 2010.
Mega events like the FIFA World Cup have serious effects on the economy of the host countries.
Proper Scrutiny of the effects could reveal a handsome growth of the country’s economy as an impact of the World Cup and other similar international events.
The host country of the FIFA World Cup has experienced a massive growth of their economy by revealing properly the best sides of the country’s culture.
They have also ensured a successful trade of the cultural presence of the country.
To find out and identify the main factors that can create a threat to the success of the event as per the arrangement of the country and remedies for preventing those problems.
Studying whether such a huge event in the country will ultimately be able to improve the economic conditions of the country, help in achieving the process of development faster.
Nevertheless there is no doubt that this huge infrastructure spend has a major impact on our economy and on jobs and businesses in the construction sector.
Construction jobs sustained by this spending will be the equivalent of 368 250 annual jobs.