tokyo governor warns of spiralling 2020 olympics costs
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Tokyo governor warns of spiralling 2020 Olympics costs

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Tokyo governor warns of spiralling 2020 Olympics costs

Tokyo Governor Yuriko Koike
Tokyo - ArabToday

Tokyo's governor has warned that the bill for the city's 2020 Olympics could yet spiral out of control despite exhaustive efforts to rein in runaway costs.

Governor Yuriko Koike said there was still a danger of costs reaching an eye-watering 3 trillion yen ($26 billion) -- four times more than initially planned -- unless Games organisers keep a tight rein on the purse strings.

"We still haven't got a final figure for how much it will cost," she told AFP in an interview Tuesday. 

"But if there is no governance within the organising committee, it could be that expensive.

"That's a question for them," added the governor, who took office last August after a landslide election victory. 

"In short, it's a question of leadership and good management."

Concerns over soaring costs have cast a shadow over Tokyo's Olympic preparations and fears were heightened after a panel of experts predicted the overall budget could exceed 3 trillion yen without drastic cuts.

Koike proposed a review of three costly venues -- for rowing, swimming and volleyball -- but subsequently agreed to keep all three at their planned Tokyo sites.

"I don't think we are on different wavelengths," she said, rejecting any suggestion of discord between 2020 organisers and city and central government officials.

"Everyone is cooperating," added the former TV newscaster. 

"At one point the Sea Forest (rowing) venue was going to cost $1.1 billion but we have more than halved that. Tokyo is building six venues and we have made significant reductions to the costs."

Tongue planted firmly in cheek, Tokyo's first female governor joked: "I just show the differences (in opinion) as much as possible to make it news!"

- Golf controversy -

In its bid, Tokyo estimated costs of $7 billion and projected an economic windfall of 3 trillion yen, but Tokyo organisers are under pressure to balance the books after ballooning costs at recent Olympics, notably the $50 billion price tag for the 2014 Winter Games in Sochi.

The International Olympic Committee (IOC) is under pressure to reduce costs to keep cities interested in bidding for future Games.

"It's just not sustainable to spend vast sums of money on the Olympics," said Koike, 64, who previously served as Japan's defence minister.

"Tokyo will be a test case for the IOC."

Koike recently criticised the Tokyo Olympic golf venue for not accepting women as full members, leaving the private club's hosting rights in the balance.

"Kasumigaseki Country Club not admitting full women members conflicts with Olympic Charter," she said, referring to the club in Saitama prefecture, north of Tokyo.

"We will continue to monitor the situation and see how they react."

A long-time parliamentarian, the Cairo University graduate and fluent Arabic speaker is seen as one of Japan's most popular politicians.

Tipped as a possible future prime minister, Koike says she leads a "normal life" at home, doing laundry and going for walks with her pet Yorkshire terrier.

But as she continues her fight against Olympic over-spending, the political reformer insisted she was committed to the task in hand.

"I'm a new governor and it's my duty to deliberate on every venue, one by one," Koike said. 

"Tokyo has a heavy responsibility to make the 2020 Games a success."

source: AFP

GMT 18:18 2018 Saturday ,20 January

Japan Olympic boss blasts drink-spiking canoeist

GMT 10:09 2017 Saturday ,23 December

Tokyo 2020 unveils budget cuts

GMT 12:14 2017 Saturday ,04 March

Big names shine as Hurricanes humiliate Rebels

GMT 14:40 2017 Thursday ,16 February

Tokyo launches mobiles-to-medals recycling campaign

GMT 13:23 2017 Wednesday ,08 February

Tokyo 2020 bid chief quizzed over payments
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

tokyo governor warns of spiralling 2020 olympics costs tokyo governor warns of spiralling 2020 olympics costs

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

tokyo governor warns of spiralling 2020 olympics costs tokyo governor warns of spiralling 2020 olympics costs

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 18:06 2017 Wednesday ,05 July

Palm-sized baby born in UAE

GMT 23:12 2017 Wednesday ,18 October

Sharapova wins first WTA title since return

GMT 06:01 2014 Wednesday ,15 January

Reality TV show sparks row over welfare dependency

GMT 10:29 2014 Friday ,14 March

Housing price mania estimated to cool down

GMT 09:03 2012 Saturday ,17 March

1984 Mazda RX-7

GMT 04:17 2013 Thursday ,03 October

The Spirit of a Sultan: Beginning of new age

GMT 23:20 2017 Sunday ,09 July

GID drafts a code of conduct for its members

GMT 07:16 2013 Friday ,04 October

TI’ME forays into Qatar

GMT 12:11 2011 Friday ,01 July

Irish govt settles terms with AIB bondholder

GMT 15:33 2017 Wednesday ,13 September

UN official praises ERC’s humanitarian efforts in Yemen

GMT 13:25 2017 Sunday ,26 February

Azerbaijan's President Arrives in Doha on Sunday

GMT 14:08 2017 Wednesday ,04 October

The decision was made due to Cuba's failure

GMT 10:40 2017 Saturday ,22 July

Ivanka Trump publishes women’s self-help book

GMT 08:02 2017 Friday ,02 June

Music takes backseat to motherhood

GMT 01:07 2017 Friday ,06 October

Oil floats on optimism of $100 by next year
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice