Make it in the economic recession Olympic Village of London is built some fund is changed privately commonly

The impact on Olympic Games venue construction of London of the economic recession is further aggravated. It is estimated that will cost 1 billion pounds, there is Olympic Village of 2,800 apartments, originally build at the cost of privately owned fund, but have to join in public fund of 324 million pounds now.

According to BBC today, Olympic Games minister and Tessa? Qiao Wei says: "The privately owned fund has already been given up, because that is not a good trade for taxpayer. " The government says, after the Olympic Games finish being sold in these apartments, put publically into and get back.

Qiao Wei says: " adopt and invest the whole project, Olympic Village will become publicly-owned, the public will be from selling (the apartment) China got and reciprocated generously. "

According to her, of the 324 million public fund that increase, 261 million come from, meet an urgent need fund, other 63 million pounds come from and deposit money.

Though the government advocates the joining of the public fund constantly, will benefit the public, but does Olympic Games minister stop the shade? Rob full of trees but says the truth. He says: "The shortage of privately owned fund that Olympic Village is built, is the economic direct reflection that declines seriously at present. " He emphasizes, once the market takes a turn for the better, this part puts into and must sell the privately owned ones, today's input must be compensated to taxpayers.