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Interesting/......here's the para from Sunday Times article on the proposed Commonwealth Games -2018
The expenditure will include the building of eight new sporting venues in Hambantota. All of which are expected to be ready in time for the proposed 2016 South Asian Games (SAG), where seven of these, at a total cost of Rs. 100 billion, will be first used (the cycling not being an event at SAG 2016 and so the velodrome not being needed). In addition, all new venues will be funded and, as such, ultimately owned by the Government of Sri Lanka. The sole exception being the proposed Commonwealth Games Village which will be co-funded and, so, co-owned by the state-controlled Sri Lanka Insurance and the private sector Environmental Resource Investments.
http://www.sundaytimes.lk/110529/BusinessTimes/bt26.html
Good news for GREG Lovers.....
The expenditure will include the building of eight new sporting venues in Hambantota. All of which are expected to be ready in time for the proposed 2016 South Asian Games (SAG), where seven of these, at a total cost of Rs. 100 billion, will be first used (the cycling not being an event at SAG 2016 and so the velodrome not being needed). In addition, all new venues will be funded and, as such, ultimately owned by the Government of Sri Lanka. The sole exception being the proposed Commonwealth Games Village which will be co-funded and, so, co-owned by the state-controlled Sri Lanka Insurance and the private sector Environmental Resource Investments.
http://www.sundaytimes.lk/110529/BusinessTimes/bt26.html
Good news for GREG Lovers.....
