The cost of seven accommodation Fifa The World Cup matches next year remain on the right track, the British Columbia Government said on Tuesday.
The updated range for rough planning, staging and accommodation of matches in Vancouver is now estimated between $ 532 million and $ 624 million, according to Information provided by the province. The province estimates that the party it will contribute is between $ 85 million and $ 145 million.
“Raw cost estimates have increased as the plans have developed this year, in particular for security and security and transport,” said the province.
The province claims that the costs of the event will be offset by estimated income between $ 448 million and $ 478 million, which is higher than its initially estimated in 2024.
“After taking into account the income and estimated recovery, the province estimates the total net cost of planning, staging and reception of seven games from the FIFA World Cup 26 in Vancouver in Vancouver in Vancouver, in a planning range of $ 85 million at $ 145 million, a range similar to last year.”
Meanwhile, the costs of the city of Vancouver are estimated between $ 261 million and $ 281 million. However, with the addition of public sector service providers, including Translink or Health Services – estimated between $ 54 and $ 64 million – the total cost for the city of Vancouver could be between $ 315 million and $ 345 million.
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This would include public security and security integrated into the accommodation area; the supply of team training sites; the FIFA fans festival; Protection of the brand, traffic management and stadium zones and other municipal, regional and provincial public sector services required.
“The direct costs of the city of Vancouver, including security, transport, the FIFA fans festival and the upcoming stages remain on the right track, without any major change compared to the budget projections of 2024,” said the mayor of Vancouver, Ken Sim, in a statement.
The FIFA 26 World Cup is less than a year old.
“Working with Musqueam, Squamish and Tsleil-Wauth peoples helps us to provide an even better FIFA World Cup reflecting where we are and that we are,” said the Minister of Tourism, Arts, Culture and Sport, Spencer Chandra Herbert.
The province estimates that the organization of seven matches will lead to more than a million additional visitors from the province, generating more than a billion dollars in spending.
It is also estimated to generate more than 18,000 jobs.
The evaluation of the economic impact of FIFA covers the period from June 2023 to August 2026 and estimates that the preparation and organization of the tournament could contribute $ 1.7 billion in economic benefits for British Columbia which includes an increase of $ 980 million to GDP and $ 610 million in labor income.
The renovations and upgrades of the Killarney Park training site are underway, as well as renovations and upgrades from British Columbia, the province said.
The city of Vancouver provides for the FIFA fans festival.
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