WC-18 to cost Russia about RUB 300bn.

By bne IntelliNews December 6, 2010
Russia is going to hold the soccer FIFA World Cup in 2018 and total cost of infrastructure and stadiums for the event is estimated at about RUB 300bn (about USD 10bn) by PM Vladimir Putin. He noted that the cost of holding the WC is comparable to that held in South Africa. WC is going to be held in 13 cites, all in the European part of Russia and the budget of construction and reconstruction submitted by Russia to FIFA was USD 3.82bn. Meanwhile, Putin made it clear that business involvement in financing WC-18 is expected, naming Russian tycoon and Chelsea FC owner Roman Abramovich as one of the people who has enough money to participate in building the infrastructure needed.

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