tokyo hit by new olympic stadium cost fears
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Tokyo hit by new Olympic stadium cost fears

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Tokyo hit by new Olympic stadium cost fears

Experts have warned that the 2020 Tokyo Olympic Games could cost an eye-watering 3 trillion yen
Tokyo - AFP

Already under fire over soaring expenses, Tokyo's 2020 Olympic organisers on Friday sought to downplay fears that further ballooning costs could hit the trouble-cursed main stadium.

Amid media reports that temporary structures at the showpiece venue could more than double in cost from bid estimates, Japanese organisers did little to ease concerns.

"The estimate for the cost of temporary facilities is not final," Tokyo 2020 spokesperson Hikariko Ono told AFP. "(It) will be made public after further discussion with parties involved.

"The current estimate has been provisionally set based on procedures outlined in IOC (International Olympic Committee) technical manuals, and figures from previous Games," she added.

Overlay expenses on top of the construction costs for the permanent structure of the Olympic stadium, including practice facilities such as a running track, could top 10 billion yen ($87 million), according to local media.

The Japanese and Tokyo city governments, along with Games organisers, are looking into sharing costs for maintaining these temporary facilities at the stadium, which is scheduled to be completed in November 2019.

Japan's new National Stadium has been a major source of controversy since Prime Minister Shinzo Abe scrapped the original blueprint in 2015 as costs raced beyond $2 billion.

Late Iraqi-British architect Zaha Hadid's futuristic plan has since been replaced by Kengo Kuma's hamburger-shaped design -- a relative snip at $1.5 billion.

But organisers are still sweating over the price tag for the 2020 Games, which experts have warned could hit an eye-watering 3 trillion yen ($26 billion).

Euphoria at winning the bidding war in 2013 quickly faded as public rows over costs and a series of scandals have overshadowed Tokyo's preparations for its second Olympics since hosting the 1964 Games.

The Tokyo city government says it expects the Olympics to generate a boost of 32 trillion yen ($280 billion) to the Japanese economy.

However, organisers face a real battle to keep costs below the $20 billion cap demanded by the IOC.

As well as the stadium fiasco, embarrassing accusations of plagiarism from a Belgian theatre forced the Tokyo organising committee to bin the original design of the Games logo.

More seriously, French prosecutors are investigating allegations of illegal payments made during Tokyo's successful Olympic bid. Japanese Olympic officials strenuously deny any wrongdoing.

source: AFP

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 hit by new olympic stadium cost fears tokyo hit by new olympic stadium cost fears

 



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 hit by new olympic stadium cost fears tokyo hit by new olympic stadium cost fears

 



GMT 05:06 2024 Tuesday ,06 February

New hunt for flight MH370 gets under way

GMT 06:15 2018 Tuesday ,23 January

Volkswagen clinches record sales

GMT 20:35 2014 Monday ,08 December

CFP crucial for refining industry in Kuwait

GMT 13:25 2011 Tuesday ,13 December

Latest Call Of Duty Breaks $1bn Sales Record

GMT 06:47 2017 Sunday ,12 February

Fresh whale stranding on notorious New Zealand beach

GMT 10:48 2017 Sunday ,19 November

Industry minister receives Turkish ambassador

GMT 12:35 2015 Saturday ,06 June

Bindi Irwin is all grown up in new Instagram photo

GMT 14:08 2012 Tuesday ,28 August

600 Afghan soldiers killed over last 2 months

GMT 05:27 2011 Wednesday ,21 September

Facebook revenue estimated at $4.27 billion

GMT 20:06 2017 Wednesday ,22 February

Senior Yemeni general killed in Houthi missile attack

GMT 23:18 2016 Sunday ,12 June

Daesh kills 18 civilians trying

GMT 00:47 2017 Tuesday ,10 January

6 policemen killed, 9 injured in Arish attack

GMT 21:54 2017 Thursday ,15 June

Pleasant weather forecast

GMT 16:39 2017 Thursday ,17 August

Maria Sharapova granted wild-card entry

GMT 12:33 2012 Friday ,24 February

10 signs your spouse may be planning to divorce you

GMT 17:32 2017 Tuesday ,25 July

King leading diplomacy to safeguard Jerusalem

GMT 06:58 2012 Sunday ,12 February

Malaysia deports Saudi journalist
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 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

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