olympics tokyo eyeing drastic overhaul as costs surge
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

In drastic cost-slashing measures

Olympics: Tokyo eyeing drastic overhaul as costs surge

Egypt Today, egypt today

Egypt Today, egypt today Olympics: Tokyo eyeing drastic overhaul as costs surge

Japanese medallists of the Rio 2016 Olympic Games attend a flag-raising ceremony.
Tokyo - Arab Today

Tokyo could be forced to downsize or relocate three venues for the 2020 Olympic Games in drastic cost-slashing measures, the city's new governor said Thursday.

A group of academics and business leaders submitted a proposal to governor Yuriko Koike which included plans to overhaul the swimming, volleyball and kayak facilities, currently estimated at some $1.5 billion.

It comes after a series of embarrassing problems for Tokyo organisers, including the scrapping of plans for the Olympic stadium and a French probe into alleged corruption.

Koike swept into office in July, immediately ordering officials to rein in ballooning Olympics costs, which one expert predicted could surpass 3 trillion yen ($29.5 billion).

"I take this report seriously," Koike told reporters.

"After discussing it with the people in charge (of the Games), I will make a decision as soon as possible.

"We can't pass this burden on to Tokyoites."

Professor Shinichi Ueyama of Keio University, who was on the panel, warned the initial Games cost of 734 billion yen would skyrocket past 3 trillion yen.

"Surprisingly there is no chief executive, and no chief financial officer" to control the budget, he said.

The 97-page report noted that the 49 billion yen Sea Forest Waterway rowing and kayaking venue was opposed by some athletes over access and wind concerns, and that there was "no concrete financial plan for its use after the Olympics".

An existing venue in Miyagi prefecture, some 400 kilometres (250 miles) north of Tokyo, could be used as a potential alternative location, it said.

Experts also proposed using an existing swimming pool in Tokyo rather than build a new Olympic aquatics centre at an estimated cost of 68.3 billion yen.

"In theory there must be a number of alternative venues other than a (new) aquatics centre. It is a big problem that no consideration 

Source : AFP

egypttoday
egypttoday

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*

olympics tokyo eyeing drastic overhaul as costs surge olympics tokyo eyeing drastic overhaul as costs surge



GMT 05:52 2014 Tuesday ,27 May

ORLY to launch Rich Renewal skincare collection

GMT 12:18 2012 Saturday ,28 January

High school STEM students’ invention awarded patent

GMT 10:29 2017 Wednesday ,22 February

7 m Yemenis close to starvation

GMT 23:59 2014 Wednesday ,29 January

Benefits of having a pet

GMT 19:08 2014 Wednesday ,19 February

River Island to launch RI Cycle for SS14

GMT 12:14 2017 Wednesday ,19 April

MR PORTER launches Capsule Collections

GMT 09:32 2011 Friday ,17 June

China to increase coastal forces

GMT 14:47 2014 Monday ,12 May

How to increase metabolism effectively

GMT 12:36 2017 Thursday ,09 February

Brisk demand for Pyeongchang Winter Olympics tickets

GMT 13:12 2017 Friday ,29 September

President Sisi has busy schedule last week

GMT 07:40 2017 Friday ,23 June

Zamalek’s chairperson says

GMT 10:27 2017 Monday ,16 October

Sexy Apple launches and appoints PR
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today 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 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday