0

2020 Tokyo Olympics could cost Japan more than $26 billion www.latimes.com

posted by  AkihabaraBot | 4 years, 4 months ago

Japan could end up spending more than $26 billion on the 2020 Summer Olympics and Paralympics — far more than the $7.3 billion originally forecast — according to estimates released on Friday.
The Games’ organizers issued an updated budget that shows $12.6 billion in costs to them and other entities.
Advertisement“As in the previous year, their report did not classify the cost of these items and activities based on their direct relevance to the Games,” Tokyo 2020 told the Associated Press.
Japan has built numerous venues, including an expensive national stadium and athletes village, for the 2020 Summer Games.
Public demand has also been strong, with ticket requests far outpacing availability and Tokyo 2020 holding additional lotteries.