China spends a lot on ASIAD 19, only less than Olympics 2008

The budget for ASIAD 19 will be spent over 5 years up to 2020, including the construction of transport infrastructure, stadiums, gymnasiums, accommodation for athletes and other facilities to serve the Asian Games. The figure is about more than 30 billion USD (about more than 699,000 billion VND).

Chinese people are excited before the 19th ASIAD begins

The budget for organizing the 19th Asian Games is only less than that of the 2008 Olympics. At that time, China spent more than 42.13 billion USD from 2001 to 2007 to build many new infrastructures, most notably the Bird's Nest stadium in Beijing, according to Reuters . This is also the most expensive sporting event in the history of China.

Recently, in 2010, China also hosted the 16th Asian Games in Guangzhou, spending about 20 billion USD to host. These organizing costs far exceeded the 17th Asian Games in Incheon (South Korea) in 2014 and the 18th Asian Games in Jakarta & Palembang, Indonesia in 2018, which cost about 2 billion USD and 1.6 billion USD respectively. Because the organizers in Korea and Indonesia made full use of existing facilities, they only upgraded and repaired stadiums and gymnasiums to save costs.

Facilities at the 19th ASIAD will continue to serve commercial events and sell to the public after the games end.

According to the organizers of the 19th Asian Games in Hangzhou, China, they are aiming for the most economical games possible. Of the total 56 competition venues, only 12 will be completely new. After the 19th Asian Games, these venues will be converted to serve commercial events. The athletes' village serving the games will also be sold to the public after the sports events are over.

At the 19th ASIAD, there will be about 12,000 athletes from 45 countries and territories competing in 40 sports with a total of 483 gold medals.

Source link: https://thanhnien.vn/trung-quoc-chi-khung-cho-asiad-19-chi-kem-olympic-2008-185230923200051187.htm