According to Reuter and Associated Press, British government determines on Wednesday local time, in the event of Olympic Village of the London Olympics in 2012, add extra and pour into 300,002,400 pounds (491,500,000 dollars) Public fund,so as to ensure project completion.
According to the original plan, will build and will for more than 17000 athletes to live in 2012 Olympic Village of the east, London during Olympic Games, government of Great Britain has determined to choose the way that the individual provided funds to finish the construction of Olympic Village before this. But because global financial crisis, economic recession cause it is unable to obtain enough private subsidy slowly, the construction of Olympic Village gets into a difficult position, so the British government is forced the additional funds. In January of this year, the British government meets an urgent need from the Olympic Games the fund allocates 476,800,000 dollars extraly for construction of Olympic Village; In April, applied for loan of 373 million dollars of a bank of European Union. The British government determines to continue pouring into the fund again this time. The project of the whole village costs about 1,460 million dollars altogether, other fund will mainly come from the bank loan.
In addition, the international broadcasting center of the Olympic Games that originally determines to be invested in the construction of by the individual too and media center, because too because nobody provides funds, will change into and be built by government's public fund.
Olympic Games, minister of Britain, and Joe denies to this bigly " Increase taxpayer's burden " And increase the statement of the whole cost, he explains: "Actually we decided to strive for the construction that individuals provided funds to finish Olympic Village, but on condition that tighten in economic crisis, credit, this method has been already unrealistic. And changing can save the public fund instead in the long run by the public capital investment, because whole Olympic Village project obtain enormous sale reciprocate behind Olympic Games. "
It is reported most Olympic Village put into into market after Olympic Games, a part regard as economic and functional house face low income crowd, a part is used for selling. Deliver to the administration bureau and estimate, after the Olympic Games, sell through the house in Olympic Village in Olympic Games, can regain fund of 324 million pounds at least.
