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Russia invests seven billion euros in WM infrastructure | News

Wednesday, January 17th, 2018 | bitcoin updates

MOSCOW (dpa-AFX) – For the Football World Cup this summer, Russia invested in its own account the equivalent of almost seven billion euros in stadiums and infrastructure. "We are on the home stretch, there are only a few months left," said World Cup chief organizer Alexei Sorokin at a conference in Moscow on Wednesday. The last stages would be finished soon. "They are the heart of the tournament." End of 2017 was still built in several venues at the World Cup arenas. There was a particularly large gap at the stadium in the Volga city of Samara, which should be completed by April. The World Cup will take place in eleven Russian cities from 14 June to 15 July. Sorokin said that in addition to the 480 billion rubles for infrastructure alone, there are also private investments in hotels. In total, the Russian government has budgeted 678 billion rubles (about 10 billion euros) for all expenditures of the World Cup organization with running costs. Experts estimate that the costs could be significantly higher / tjk / DP / tav


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