tokyo hit by new olympic stadium cost fears
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Tokyo hit by new Olympic stadium cost fears

Almaghrib Today, almaghrib today

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Late Iraqi-British architect Zaha Hadid's futuristic plan has since been replaced by Kengo Kuma's hamburger-shaped design -- a relative snip at $1.5 billion.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

almaghribtoday
almaghribtoday

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

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more
Almaghrib Today, almaghrib today The Rake announces editorial updates

GMT 10:46 2018 Tuesday ,16 January

The Rake announces editorial updates
Almaghrib Today, almaghrib today Europe brings on charm and blue skies

GMT 11:51 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Almaghrib Today, almaghrib today For the Variety of Interior Design Styles

GMT 10:46 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Almaghrib Today, almaghrib today US Christian tourists see deep meaning

GMT 13:44 2018 Monday ,22 January

US Christian tourists see deep meaning
Almaghrib Today, almaghrib today Amazon to open first cashierless shop

GMT 10:03 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 10:21 2016 Wednesday ,23 March

cartoon eleven

GMT 10:24 2016 Wednesday ,23 March

cartoon fifteen

GMT 10:16 2016 Wednesday ,23 March

cartoon five

GMT 09:58 2016 Wednesday ,23 March

cartoon four

GMT 10:18 2016 Wednesday ,23 March

cartoon eight

GMT 09:58 2016 Wednesday ,23 March

cartoon three

GMT 10:19 2016 Wednesday ,23 March

cartoon nine

GMT 10:17 2016 Wednesday ,23 March

cartoon six

GMT 10:23 2016 Wednesday ,23 March

cartoon fourteen

GMT 10:22 2016 Wednesday ,23 March

cartoon thirteen

GMT 10:22 2016 Wednesday ,23 March

cartoon twelve

GMT 09:56 2016 Wednesday ,23 March

cartoon one

GMT 10:20 2016 Wednesday ,23 March

cartoon ten

GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 09:57 2016 Wednesday ,23 March

cartoon two

GMT 14:07 2012 Wednesday ,05 December

Mood- lifting scents

GMT 08:27 2017 Monday ,20 November

Trump rollback of banking regulation well underway

GMT 09:22 2017 Thursday ,05 October

UN to blacklist Saudi-led coalition

GMT 07:33 2017 Tuesday ,21 November

Saudi FM describes Qatar crisis as very small

GMT 08:19 2017 Saturday ,10 June

Heavy US-led strikes as fighters battle IS

GMT 14:17 2017 Wednesday ,08 February

Qatar National Bank eyes Southeast Asia for growth

GMT 09:34 2017 Friday ,15 September

Trump plans to visit China, Japan, S. Korea

GMT 14:33 2017 Friday ,08 September

US floods rescue workers sue over chemical plant fire
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today 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 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday