Olympic Bid for Caracas, Venezuela Jared O’SullivanBSAD 357:21 – International Business John CardellaDr. Mark Fuller Lucas Boyd Ryan Sloan

Why Caracas?• Capital, largest city of

Venezuela• Breadth of culture

(cuisine, street markets, museums)

• Major commerce center of South America

• Environment (“eternal summer” and Caribbean Sea)

History• Discovered in 1560• Gained independence

in July 1811 after Caraquenos overthrew the Spanish

• Oil discovered in 1900, boosting Venezuela’s economy

• Historic past represents strength and determination of Olympic athletes

Vision of the games• “To showcase the

world’s top talent while fostering friendship, sportsmanship and athleticism on a competitive, international stage expressed vibrantly through local Caraquenos.”

Politics & Economy• Socialist nation• Reshape political

reputation• GDP rose 5.5% in

2012• Enhanced tourism,

economic development and worldwide exposure

Legal Aspects• Doping Control- Pan

American Games 1983

Immigration- 90 day tourist card, passport at all times.

• Importation of goods (shipments subject to inspection)

Vaccinations- ( yellow fever/mosquito born diseases)

Customs & Immigration

Sports Venues• 6 existing facilities

o 30,000 capacityo 26,000 capacityo 20,000 capacityo 9,000 capacityo 5,000 capacityo 3,500 capacity

• Hosted 1983 Pan-Am Games, 2012 FIBA qualifiers, and 2 COPA events

New Facilities• Olympic stadium

o 80,000 capacity

• Aquatics centero 18,000 capacity

• Tennis complex o 30,000 capacity

• BMX and cycling trackso 6,000 capacity

Olympic Village

Safety & Security• Law enforcement –

Municipal/state switch to one body with more authority.

• Illness- Dengue fever very common, be aware

• Medical Services- Generally good(cash payment at private facilities)Some prescription drugs hard to find

Accommodation

• Hotels & Lodges• Hostels• University &

College Campuses

Transportation

• Metro Trains• Metrobus• Metrocable• Aerial Tramway• Airports• Waterways

Environmental Commitment

• Pollution• Deforestation• Natural Disasters• Effects from

Urbanization

Final Remarks