Let the Games Begin!!

The countdown to the London Olympic Games has begun with the builders having handed over the Olympic Village to the London 2012 Organizers. It is now time to begin the huge process of installing essential facilities and services to get the village ready to host Olympic competitors.

Just as thousands of sports persons around the world are getting ready to attend these Olympic Games as a culmination of years of hard work and many ups and downs, the Olympic Village is the result of years of hard work and collaborative effort in the face of a harsh economic climate. Originally the developer Lend Lease was to raise the funding privately to build the village but as a result of the economic perils of 2008, the Government decided to step in and foot the bill which is reported to be about $1.6 Billion. It is expected that they will not be able to recoup their investment, but hoped that the boost to the economy will be worth this outflow from the governments’ exchequer.

 

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