tokyo governor warns of spiralling 2020 olympics costs
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Tokyo governor warns of spiralling 2020 Olympics costs

Egypt Today, egypt today

Egypt Today, egypt today Tokyo governor warns of spiralling 2020 Olympics costs

Tokyo Governor Yuriko Koike
Tokyo - ArabToday

Tokyo's governor has warned that the bill for the city's 2020 Olympics could yet spiral out of control despite exhaustive efforts to rein in runaway costs.

Governor Yuriko Koike said there was still a danger of costs reaching an eye-watering 3 trillion yen ($26 billion) -- four times more than initially planned -- unless Games organisers keep a tight rein on the purse strings.

"We still haven't got a final figure for how much it will cost," she told AFP in an interview Tuesday. 

"But if there is no governance within the organising committee, it could be that expensive.

"That's a question for them," added the governor, who took office last August after a landslide election victory. 

"In short, it's a question of leadership and good management."

Concerns over soaring costs have cast a shadow over Tokyo's Olympic preparations and fears were heightened after a panel of experts predicted the overall budget could exceed 3 trillion yen without drastic cuts.

Koike proposed a review of three costly venues -- for rowing, swimming and volleyball -- but subsequently agreed to keep all three at their planned Tokyo sites.

"I don't think we are on different wavelengths," she said, rejecting any suggestion of discord between 2020 organisers and city and central government officials.

"Everyone is cooperating," added the former TV newscaster. 

"At one point the Sea Forest (rowing) venue was going to cost $1.1 billion but we have more than halved that. Tokyo is building six venues and we have made significant reductions to the costs."

Tongue planted firmly in cheek, Tokyo's first female governor joked: "I just show the differences (in opinion) as much as possible to make it news!"

- Golf controversy -

In its bid, Tokyo estimated costs of $7 billion and projected an economic windfall of 3 trillion yen, but Tokyo organisers are under pressure to balance the books after ballooning costs at recent Olympics, notably the $50 billion price tag for the 2014 Winter Games in Sochi.

The International Olympic Committee (IOC) is under pressure to reduce costs to keep cities interested in bidding for future Games.

"It's just not sustainable to spend vast sums of money on the Olympics," said Koike, 64, who previously served as Japan's defence minister.

"Tokyo will be a test case for the IOC."

Koike recently criticised the Tokyo Olympic golf venue for not accepting women as full members, leaving the private club's hosting rights in the balance.

"Kasumigaseki Country Club not admitting full women members conflicts with Olympic Charter," she said, referring to the club in Saitama prefecture, north of Tokyo.

"We will continue to monitor the situation and see how they react."

A long-time parliamentarian, the Cairo University graduate and fluent Arabic speaker is seen as one of Japan's most popular politicians.

Tipped as a possible future prime minister, Koike says she leads a "normal life" at home, doing laundry and going for walks with her pet Yorkshire terrier.

But as she continues her fight against Olympic over-spending, the political reformer insisted she was committed to the task in hand.

"I'm a new governor and it's my duty to deliberate on every venue, one by one," Koike said. 

"Tokyo has a heavy responsibility to make the 2020 Games a success."

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*

tokyo governor warns of spiralling 2020 olympics costs tokyo governor warns of spiralling 2020 olympics costs



GMT 09:39 2019 Monday ,19 August

Live an important atmosphere in your career

GMT 09:58 2019 Monday ,19 August

You find yourself facing new professional

GMT 06:34 2017 Sunday ,27 August

3rd generator operated at Gaza power plant

GMT 12:26 2017 Monday ,06 November

Shaji's brainchild T10 could open

GMT 11:09 2012 Sunday ,21 October

The Three faces of Wissam al-Hassan

GMT 04:54 2012 Friday ,09 March

DermoPURIFYER from Eucerin

GMT 14:29 2016 Thursday ,01 December

The SR100 styling challenge: Are you game for it

GMT 15:39 2017 Thursday ,09 November

Redefine On-Water Lifestyle Experience

GMT 17:01 2017 Monday ,06 November

Flanagan, Kamworor win New York Marathon

GMT 00:34 2017 Tuesday ,21 February

Massive typhoon triggers warnings of landslide

GMT 16:04 2017 Friday ,11 August

Duraz Open Day announced

GMT 14:03 2017 Thursday ,16 March

Morning tips to prepare for the day

GMT 09:56 2017 Saturday ,09 December

George Wasoof will launch new song soon

GMT 11:28 2017 Friday ,24 November

Human form of 'mad cow' disease

GMT 11:13 2017 Wednesday ,25 October

Katy Perry makes surprise appearance

GMT 18:14 2017 Wednesday ,08 November

Russia locks up six for Moon flight simulation

GMT 20:18 2011 Saturday ,23 April

The apps race has just begun

GMT 10:47 2017 Tuesday ,05 December

Gulf Air launches Bahrain Tourist
 
 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