Tokyo or­ga­niz­ers face more cost in­creases for 2020 Games

The Hamilton Spectator - - SPORTS -

— While Rio Olympic or­ga­niz­ers are un­der im­mense pres­sure to fin­ish prepa­ra­tions be­fore Aug. 5, their Tokyo coun­ter­parts are al­ready fac­ing sky­rock­et­ing costs.

Tokyo 2020 or­ga­niz­ing com­mit­tee pres­i­dent Yoshiro Mori ac­knowl­edged at an ex­ec­u­tive board meet­ing this week the cost of build­ing seven tem­po­rary venues for the Olympics has surged to an es­ti­mated $2.6 bil­lion (all fig­ures US), up from an es­ti­mate of $690 mil­lion. Mori said the orig­i­nal fig­ures were the re­sult of sloppy cal­cu­la­tions which he blamed on the Tokyo metropoli­tan gov­ern­ment and the Olympic com­mit­tee. The or­ga­niz­ing com­mit­tee hasn’t dis­closed an of­fi­cial es­ti­mate of the over­all costs but has ac­knowl­edged it will be con­sid­er­ably higher than the $3.5 bil­lion that was fore­cast in the bid.

Prepa­ra­tions for the 2020 Games have been plagued by a se­ries of scan­dals in­volv­ing the new na­tional sta­dium, the of­fi­cial logo and al­le­ga­tions of bribery in the bid­ding process.

Work on the new na­tional sta­dium has fallen be­hind sched­ule be­cause the gov­ern­ment aban­doned an orig­i­nal de­sign due to spi­ralling costs.

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