Posted: Fri May 27, 2005 4:46 am Post subject: Cost of Beijing Olympics
China on Thursday forecast an operating budget of about $2 billion for the 2008 Beijing Olympics -- more than $300 million higher than originally forecast but still cheaper than Athens.
Athens set a budget of 1.9 billion euros ($2.4 billion) to stage the 2004 summer Games, but they ended up costing more than 9 billion euros, making them the most expensive in history.
The operating budget does not include the cost of construction.
By 2008, Beijing expects to have spent a total of $37 billion for the Games, including $2 billion on venues, but there has been controversy over the cost of the venues and the city temporarily halted construction of its showpiece 100,000-seat stadium while it reassessed the design.
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