MOSCOW, August 10. /TASS/. The execution of the budget for the 2018 FIFA World Cup preparations is at a low level, Russian Sports Minister Vitaly Mutko said on Wednesday.
"As of today, we are at a low level of the budget execution. The design and estimate documentation is the most complex thing. I’m even ashamed to give figures," Mutko said at a meeting of the working group under the coordinating council for the 2018 FIFA World Cup preparations.
The overall budget for the 2018 FIFA World Cup preparations stands at 616.2 billion rubles ($9.5 billion at the current exchange rate), of which private investments account for 32%
"The discipline of fulfilling instructions is very low. Next time we’ll take disciplinary measures," Mutko said.
According to the minister, FIFA’s inspection team will visit stadium in St. Petersburg in October, construction progress causes concern.
"Progress in building the stadium in St. Petersburg causes concern," he said. "FIFA’s president keeps an eye on the project personally. We’ve set a date. In October, FIFA inspectors will visit the stadium.
"The possibility of moving the FIFA Confederations Cup from St. Petersburg elsewhere is not on the agenda," he added.
Earlier, the authorities of St. Petersburg severed the contract for building the stadium on the Krestovsky Island with the general contractor - Inzhtransstroi-SPb. Also, it handed over to law enforcement agencies evidence concerning a deficit of 2.5 billion rubles the contractor had failed to explain. The company’s management said the severing of the contract might cause disruption of construction deadlines. It is expected that the stadium will be commissioned in December 2016.
Russia won the bid to host the 2018 World Cup over four years ago in a tight race against the joint bid from England, Portugal and Spain and the joint bid on behalf of Belgium and the Netherlands.
Russia selected 11 host cities to be the venues for the matches of the 2018 World Cup and they are Moscow, St. Petersburg, Sochi, Kazan, Saransk, Kaliningrad, Volgograd, Rostov-on-Don, Nizhny Novgorod, Yekaterinburg and Samara.
The matches of the 2018 World Cup will be held between June 14 and July 15 at 12 stadiums located in the 11 mentioned above cities across Russia. Two of the stadiums are located in the Russian capital.