The dispute of U-20 soccer world cup in Argentinawhich will be played between May 20 and June 11, will generate a foreign currency income of more than US$600 millionreported sources from the Palacio de Hacienda.
From an economic point of view, between “Investment to be made by FIFA (International Federation of Associated Soccer) in terms of organization and an estimated arrival of 230,000 tourists, an additional impact of foreign currency income of more than US$600 million is estimated”the source added.
The Minister of Economy, Sergio Massa, and his Tourism counterpart, Matías Lammens, received the highest authorities of the Argentine Football Association (AFA), headed by its owner, Claudio Tapia, at the Palacio de Hacienda this afternoon.
At the meeting, which took place in the Belgrano Hall, the permits and guarantees that FIFA requests for the realization of this international sporting event.
Tourism and investment
“We will have the opportunity to receive thousands of tourists, trigger currencies, work and also incorporate technology that the organizers at an international level bring to the development of this event”, said Massa during the meeting.
In this regard, he stressed that “All the decrees and guarantees that FIFA requires of us as a government have been signed, so we are ready for (once approved) it to be announced that Argentina will host the U-20 World Cup.”
They participated in the meeting, in addition to Massa, Lammens and Wall, the vice presidents of AFA, the leaders Rodolfo D’Onofrio, David Garzón, Víctor Blanco, Luciano Nakis, Pablo Toviggino, Sergio Rapisarda and Christian Malaspina, among others.
Employment
Six provinces will receive the 24 national delegations that will play the cup, generating an important economic movement in the different regional economies, beyond the employment of about 1,200 people per game considering logistics, security and organization among other aspects.
From the Ministry of Economy they highlighted that hosting this type of global meetings benefits a new boost to receptive tourismas a result of a high exposure of the country in the eyes of the world.
This translates into a positive contribution to the activity for several years. It is estimated that the effect would be an increase of at least 5% per year starting this year, which represents more than 360,000 new tourists per year and an increase in annual foreign exchange income close to US$300 million.
Source: Ambito
