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20.6-mln-USD contract signed for main stadium of 2020 Tokyo Olympics

Xinhua, January 29, 2016 Adjust font size:

The Japan Sports Council (JSC) has signed an agreement with a joint venture to build the main stadium for the 2020 Tokyo Olympics with 2.5 billion yen (20.6 million dollars), local media reported Friday.

The Japanese government last month announced its choice of a less-costly and greenery-rich design by Japanese architect Kengo Kuma. The winning proposal, was submitted by a joint venture comprised of an architect, construction firm Taisei Corp. and construction support firm Azusa Sekkei Co.

The construction of the stadium, scheduled to finish by November 2019, will cost an estimated 149 billion yen in total. The JSC concluded the deal after the Taisei-led joint venture agreed to stay within budget and construction deadlines, reported the Kyodo news agency.

The JSC, which is overseeing the construction project, plans to complete the construction contract with the venture and begin construction by the end of this year.

The stadium operator will start hearings with sports federations and the 2020 organizing committee next month and will incorporate their input before putting forward the basic construction plan in May. A more detailed implementation plan is to be filed by November. Endit