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2010 price tag to top R30bn
18/03/2008 15:53 - (SA)
Pretoria - Government expenditure on the 2010 soccer World Cup will be upwards of R30bn, a mid-term report released on Tuesday showed.
R20bn has so far been allocated as direct investment in infrastructure and a larger 2010 spending programme.
With only 815 days before the 2010 World Cup kick-off, Sport Minister Mike Stofile said government preparations for the event were on track.
"This report shows that we have complied with literally every guarantee that we have made, we even went beyond that," he said.
Stofile handed the report highlighting government's preparations to deputy president Phumzile Mlambo-Ngcuka at a function at the Union Buildings.
Various members of the 2010 Local Organising Committee, government ministers and soccer personalities attended the handover ceremony.
"We are very satisfied that we are on course," Mlambo-Ngcuka said.
- SAPA
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