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« Environmental Groups Say China's Role in Africa Leading to Backlash | Main | India: Public-private partnership to bring super-specialty hospital to city very soon » May 18, 2007Japan: PFI formula eyed for 2016 Olympic stadiumSource: Daily Yomiuri The Yomiuri Shimbun The Tokyo metropolitan government has decided to build a major stadium as a metropolitan facility using the private finance initiative (PFI) formula if Tokyo is chosen to host the 2016 Olympic Games. The decision will be submitted at an executive meeting of the Tokyo 2016 Olympic Games Bid Committee to be held Tuesday. However, some experts have voiced concern that extending transportation access to the site at metropolitan government-owned Harumi Wharf, in Chuo Ward, would be hugely expensive, despite hopes that using PFI would allow the government to tap private funds and know-how to keep costs down.Posted by pichu at May 18, 2007 12:51 PM |
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