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Sochi 2014 – Safe And Financially Secure 
 14/11/2008
 
 
Dmitry Chernyshenko, head of Sochi 2014, played down six suspicious explosions held near Sochi this year that killed four people and wounded nearly two dozen, and said preparations for the 2014 Winter Games face no risk from the global financial crisis.
Chernyshenko told the Associated Press, "we're waiting for the result of the investigation. They are trying to decide if there is any connection between (the explosions). Sochi is welcoming annually four million visitors and this is one of the safest places in the country and probably in the world. It's a residence of our prime minister and president.

"I know the government is committed to implement the security concept so that this region is one of the most protected in the world. Our stakeholders consider very seriously the security of the Games and no doubt they will deliver it in full".

Chernyshenko said Prime Minister Vladimir Putin is taking personal responsibility to ensure the success of the Winter Games and that funding for the $12 billion project is secure.

He told the Associated Press, "this is really project number one in the country. Considering that the overall price for construction is tens of billions of dollars, it's nothing for a country like Russia. So there is no risk of under financing of this project".

He added the Olympics are "fully guaranteed" at the highest level of government and that billions in public funds have already been allocated for major infrastructure projects".

Chernyshenko said, "the concentration of investment in this region is so high. In view of the global crisis, the Sochi project is highly attractive in terms of the guaranteed investment".

He said there has been "huge interest" from big Russian companies in the oil, banking, telecommunications and automobile industries. Once Sochi organizers complete a marketing agreement with the International Olympic Committee (IOC) next month they can begin signing national sponsors to eight-year contracts through 2016.

"They understand that the crisis is a temporary thing, and the long-term partnership with Sochi is one of the most smart and valuable investments", Chernyshenko said.

He said the clearing of land has already begun in the Olympic Park, with venue construction to start in the middle of next year, reports the Associated Press. All venues are scheduled to be ready by 2010 so test events can be staged over the two winters ahead of the 2014 Games.

(Source: Gamesbids.com)
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