Russian President Ensures Sochi 2014 Legacy

January 5, 2011

The President of Russia, unhealthy Dmitry Medvedev believes residents in the 2014 Olympic host city of Sochi will benefit from a legacy of state-of-the-art infrastructure when the Winter Games come to a close.

Over US$30 billion has been set aside by the Russian government to sanction the construction of hundreds of facilities and infrastructure projects in and around Sochi. Medvedev confirmed on Tuesday 4 January that four Olympic venues will be moved to nearby Vladikavkaz, link Rostov-on-Don, Astrakhan and Stavropol after the Games.

In a meeting with Olympic project officials, Medvedev stated “We should look forward to the post-Olympic future. The Olympics is, of course, a major sports event, but it is also important for us that there should be many new facilities for life and for pleasure in Sochi,.

He added “It is important that this high level that will be reached at any cost during the Olympics should remain for the residents of the Krasnodar region and for tourists. Our goal is to make Sochi an internationally renowned resort.”

Medvedev revealed that 85% of funding allocated for the Games will be put towards new infrastructure, tourism development and environmental projects.