Tokyo Olympics 2020 to save $1 bln with three venue changes

Tokyo’s bid team erupted with joy when it was revealed their city will host the 2020 Olympics.

Organizers of the Tokyo Olympics in 2020 are to move or alter three venues, saving around a billion dollars, with more changes and savings to come, the International Olympic Committee’s Sports Director Christophe Dubi said on Friday.

Dubi said Tokyo had abandoned plans to build a new basketball venue and would instead hold matches in an existing venue that was used for the world championships.
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Source News: Alarabiya
File photo: AFP/ Getty