Tokyo looks to slash US$1.7b off bill for 2020 Olympics
It may scrap or scale back plans to build new facilities amid fears of spiralling costs
Fri, Nov 21, 2014 - 5:50 AM
The 2020 Games are expected to boost Japan's economy by 3 trillion yen as building and tourism-related stimulus powers growth.
TOKYO is looking to slash the price tag for the 2020 Summer Olympics by US$1.7 billion through scrapping or scaling back plans to build new facilities amid fears over spiralling costs. Recent estimates put the bill for the venues, including the construction of 10 new facilities, at...