No to Budapest2024 – Yes to the investments?

It is official now that Budapest is out of the competition for becoming the hosting city of the 2024 Summer Olympic Games, thus hvg.hu was wondering what will happen to the numerous investments that were promised to be carried out even if the city did not win.

The application of Budapest for the rights of hosting the Olympics in 2024 included the future implementation of several major investments. The plans were decided on in the Kemény Ferenc sports development program lining up 11 developments which are needed because of the Hungarian leisure sports and upcoming underage athletes.

The program includes the construction of the following facilities: Csepel would be enriched by the Budapest Xtrém (Extreme) Holiday Park, an indoor multifunctional track and field hall with a capacity of 12.5 thousand people, a tennis centre with 16 courts, and a track and field stadium with outdoor training fields which would also affect Ferencváros.

Furthermore, Ráckeve would receive a Danube Rowing Centre, whereas the shooting range at Nagytétény would welcome the Takács Károly National Shooting Centre. For Óbuda a new Budapest Velodrom is planned, while to the area of the Üllői educational farm a Natioanal Horse Centre is envisioned.

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The Budapest Olympic Centres (BOK) would be developed too: a new ice rink, swimming pool, and running track in Zugló, and a new B hall to the BOK Sports Hall. The area of Népliget already used for sports activities was also promised to be improved regardless of the results of the hosting city competition.

Besides, the issue of developing the public transportation shall be reconsidered, as only 3% of the 774 billion HUF budget for hosting the Olympics would have been allocated for this project, whereas in fact the whole development would cost far more, writes HVG.

The costs were divided into different sections, such as one including the plans which were part of the Olympics project meaning 28 billion HUF, those which were to be done in advance because of the Games costing 421 billion HUF, and those which should be implemented anyway, regardless of hosting the Games, from 1451 billion HUF.