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by Daily Commercial News last update:Aug 2, 2006

Organizers of the 2008

BEIJING

Organizers of the 2008 Beijing Olympics said last week they are inviting the world’s sporting equipment makers to make a pitch for millions of dollars in contracts to outfit the stadium and other high-tech facilities.

The Chinese capital will hold a one-day trade show next month for makers of sports equipment and construction companies, said Liu Zhi, a spokesman for the city government.

Liu didn’t give examples of equipment sought by organizers or a total value for possible contracts.

But a similar trade fair last year for marketing and sponsorship projects resulted in the signing of 10 deals worth a total of 21.5 billion yuan ($3.1 billion Cdn.), he said.

“This year will focus on the construction and operation of the Olympic venues,” Liu said at a news conference. He said organizers plan to make such trade fairs an annual event.

The communist government regards the Olympics as a major matter of national pride and is pouring vast amounts of resources into organizing them. Beijing is in the midst of a construction boom, adding subway lines and other facilities.

The budget for construction of facilities totals $3.2 billion (U.S.)

Organizers have thrown open the bidding process to foreign suppliers in an effort both to get the best equipment at low prices and to promote an image of Beijing as a capital open to world trade.

Organizers plan to have experts from Barcelona, site of the 1992 Summer Games, attend the trade show next month, along with officials from other past Olympic cities, Liu said.

The Associated Press

last update:Aug 2, 2006

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