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Archive for July 26th, 2011

Olympic construction on time and under budget

July 26th, 2011 Comments off

2012-Olympics-00188 percent of construction for London 2012 Olympics has been completed. The ODA have also confirmed that the estimated final cost of the build has come in under budget at £7.25 bn

The Sports Minister, Hugh Robertson, said: “With one year to go construction is 88% complete, ahead of time and under budget…They have continued to drive down costs which means we can celebrate one year to go with confidence and a real sense of excitement and expectation.” He also commented that London 2012 has “salvaged the reputation of the British construction industry”.

In all, a total of five venues for the London 2012 Olympic Games have reached completion. Other than that, the Olympic station in Stratford was also finished in the previous month.

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