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2019 Winter Universiade in Krasnoyarsk to cost Russia $688 mln

March 01, 11:43 UTC+3 KRASNOYARSK

Putin said such "enormous money" should yield results which would be obvious to everyone

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© Alexei Nikolsky/Russian Presidential Press and Information Office/TASS

KRASNOYARSK, March 1. /TASS/. Russian President Vladimir Putin said on Wednesday that the 40 billion rubles (some $688 million) investments into the organization of the 2019 Winter Universiade in Russia’s Krasnoyarsk should yield results, which would be obvious to everyone.

"This is enormous money and the result from its investment should be obvious to everyone," Putin said addressing a session on the preparations for the 2019 Universiade in the East Siberian city of Krasnoyarsk.

According to the Russian president, investments in 2014-2016 totaled 8.9 billion rubles, while 22.2 billion rubles ($383 million) will be allocated in 2017-2019.

"The total budget on the organization of the 2019 Universiade will reach 40.5 billion ($698 million)," Putin said adding that the process of the preparations for the tournament is under a tight control of the government and "in general, enjoys a solid federal support."

Krasnoyarsk, which has a population of over one million, was elected to host the 2019 Winter Universiade at the session of the FISU Executive Committee in Brussels in 2013. The event is scheduled for March 2-12, 2019.

Heritage left from 2014 Sochi Olympics, 2013 Kazan Universiade pays off

Infrastructure and sports facilities built for the 2013 Summer Universiade in Kazan and the 2014 Winter Olympics in Sochi continue serving for the benefit of the local population and all invested money keep returning profits until the present day, Putin said.

According to the Russian president, the Olympics in Sochi and the Universiade in Kazan "reshaped these cities" and helped to upgrade not only the sports infrastructure, but the transport, tourism, cultural and social infrastructures as well.

"The money invested by the government and everything that was done are paying off," Putin said.

Putin said that "numerous doubts were expressed previously" how the heritage from the global tournaments in Sochi and Kazan would be used in the future.

"However, everything is maintained in an active operation mode and perhaps keeps working even better than in any other global centers specializing in the organization of such events," the Russian president stated adding that the organization of such tournaments boosts the infrastructural and investment development of the hosting territories.

The city of Krasnoyarsk, Putin continued, "also deserves to be reshaped and to receive new resources for its development."

"It (the city) proved its right to become a grand sports arena by numerous successful organizations of large-scale international competitions," Putin said adding that he particularly liked the location of sports facilities constructed for the 2019 Winter Universiade.

"They are all located within the so-called walking distance, everything is compact and only several kilometers from the center of the city," he said. "It will be comfortable for people to use the sports facilities" after the tournament is over.

Krasnoyarsk, which has a population of over one million, was elected to host the 2019 Winter Universiade at the session of the FISU Executive Committee in Brussels in 2013. The event is scheduled for March 2-12, 2019.

The Winter Universiade is an international sporting and cultural festival which is staged every two years in a different city. The name of the international sports event is a combination of two words, which are ‘University’ and ‘Olympiad.’

It is only second to the Olympic Games. The program of the Winter Universiade currently includes 6 compulsory sports (8 compulsory disciplines) and up to 3 optional sports chosen by the host country.

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