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Medvedev Orders Officials to Keep a Lid on World Cup Spending

Published: August 12, 2014 (Issue # 1823)



  • Medvedev said that although he could not promise Team Russia will dominate the tournament on their home turf, Russia “has to do everything else properly” as the tournament's host.
    Photo: Facebook / Dmitry Medvedev

With preparations under way for the 2018 World Cup in Russia, Prime Minister Dmitry Medvedev ordered the government on Monday to keep spending in check.

"Funds have already been allocated for the construction [of sports facilities, hotels and other infrastructure projects]," Medvedev said at meeting with his deputy prime ministers, according to an official statement.

"The costs are being calculated in different ways," he added. "But taking the current situation into account, we need to follow the financial plan that already exists."

Medvedev said that although he could not promise Team Russia will dominate the tournament on their home turf, Russia "has to do everything else properly" as the tournament's host.

In 2010, Medvedev estimated that hosting the tournament would cost Russia $10 billion. Since then, the anticipated cost has more than doubled.

But this is not be the first time Russia will spend more than expected when hosting an international sports event. The cost of the Sochi Olympics in February spiraled to $51 billion, nearly four times the original estimate.

Despite that aspect though, the Olympics went off largely without a hitch. "We already have experience hosting the Olympics, and it was very successful," Medvedev said. "We must ensure that the World Cup is just as successful."

The country's sports minister, Vitaly Mutko, said Monday that 12 stadiums still need to be built, along with 64 training facilities and 102 training pitches, to accommodate the 32 teams that will participate in the next World Cup.

Mutko also said that 10 host-city airports will need to undergo restoration, and that a brand new airport will be built in the southern metropolis of Rostov-on-Don.

Russia will present the results of its efforts to FIFA this fall during the association's first assessment of the country's preparations.

Russia is set to host the World Cup in 2018 from June 8 to July 8, in 11 cities including Moscow, St. Petersburg and Kazan.





 


ALL ABOUT TOWN

Tuesday, Oct. 21


The Environment, Health and Safety Committee of AmCham convenes this morning at 9 a.m. in the organization’s office.


Take the opportunity to pick the brains of Dmitry V. Krivenok, the deputy director of the Economic Development Agency of the Leningrad region, and Mikhail D. Sergeev, the head of the Investment Projects Department, during the meeting with them this morning hosted by SPIBA. RSVP for the event by emailing office@spiba.ru before Oct. 17 if you wish to attend.


Improve your English at Interactive English, the British Book Center’s series of lessons on vocabulary and grammar in an informal atmosphere. Starting at 6 p.m., each month draws attention to different topics in English, with the topic for this month’s lessons being “visual arts.”



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