Sipho Mthembu
Sipho Mthembu
Despite her initial lack of enthusiasm in preparing for the 2010 Fifa World Cup, Cape Town got the best deal from the Local Organising Committee.
This emerged yesterday after a two-day meeting of the board of directors of the 2010 World Cup Organising Committee South Africa that included Fifa representatives Urs Linsi, Horst Schmidt, Jerome Valcke and Jim Brown.
According to a summary of capital expenditure allocations released yesterday, Greenpoint Stadium is the most expensive venue at just under R2 billion (R1,93 billion).
LOC sources said the figure is expected to soar to R2,4 billion, with R500 million in allocations from the provincial government (R400 million) and the city (R100 million) still outstanding.
According to the activity update released last month, Greenpoint Stadium is earmarked to host six first-round and one second-round game, a quarterfinal and a semifinal.
The other semifinal is scheduled for the only other 70000-seater venue, King Senzangakhona Stadium in Durban, which was allocated R1,8 billion.
Soccer City, which will be the tournament's flagship, will undergo the most expensive renovations at R1,5 billion.
The board meeting also identified seven southern African countries that will be used as base camps.
The countries, chosen on their potential link with the culture and languages of competing countries, are Angola, Namibia, Botswana, Lesotho, Zimbabwe, Mozambique and Swaziland.
Tenders have been placed for the stadiums and the appointment of construction companies will be finalised towards the end of the year. Satisfied with the progress made by the LOC so far, Fifa has decided not to appoint an independent controller.
The rest of the allocations are: Nelson Mandela (R895 million) , Mbombela (R855 million) and Peter Mokaba (R696 million) .
The total budget is R15 billion - R8,4 billion for capital expenditure and R6 billion for support infrastructure.
Gets best deal from the LOC
Sipho Mthembu
Sipho Mthembu
Despite her initial lack of enthusiasm in preparing for the 2010 Fifa World Cup, Cape Town got the best deal from the Local Organising Committee.
This emerged yesterday after a two-day meeting of the board of directors of the 2010 World Cup Organising Committee South Africa that included Fifa representatives Urs Linsi, Horst Schmidt, Jerome Valcke and Jim Brown.
According to a summary of capital expenditure allocations released yesterday, Greenpoint Stadium is the most expensive venue at just under R2 billion (R1,93 billion).
LOC sources said the figure is expected to soar to R2,4 billion, with R500 million in allocations from the provincial government (R400 million) and the city (R100 million) still outstanding.
According to the activity update released last month, Greenpoint Stadium is earmarked to host six first-round and one second-round game, a quarterfinal and a semifinal.
The other semifinal is scheduled for the only other 70000-seater venue, King Senzangakhona Stadium in Durban, which was allocated R1,8 billion.
Soccer City, which will be the tournament's flagship, will undergo the most expensive renovations at R1,5 billion.
The board meeting also identified seven southern African countries that will be used as base camps.
The countries, chosen on their potential link with the culture and languages of competing countries, are Angola, Namibia, Botswana, Lesotho, Zimbabwe, Mozambique and Swaziland.
Tenders have been placed for the stadiums and the appointment of construction companies will be finalised towards the end of the year. Satisfied with the progress made by the LOC so far, Fifa has decided not to appoint an independent controller.
The rest of the allocations are: Nelson Mandela (R895 million) , Mbombela (R855 million) and Peter Mokaba (R696 million) .
The total budget is R15 billion - R8,4 billion for capital expenditure and R6 billion for support infrastructure.