Tokyo hit by new stadium cost fears

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AFP, Tokyo :
Already under fire over soaring expenses, Tokyo’s 2020 Olympic organisers on Friday sought to downplay fears that further ballooning costs could hit the trouble-cursed main stadium.
Amid media reports that temporary structures at the showpiece venue could more than double in cost from bid estimates, Japanese organisers did little to ease concerns.
“The estimate for the cost of temporary facilities is not final,” Tokyo 2020 spokesperson Hikariko Ono told AFP. “(It) will be made public after further discussion with parties involved.
“The current estimate has been provisionally set based on procedures outlined in IOC (International Olympic Committee) technical manuals, and figures from previous Games,” she added.
Overlay expenses on top of the construction costs for the permanent structure of the Olympic stadium, including practice facilities such as a running track, could top 10 billion yen ($87 million), according to local media.
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