Date: 5 months ago   Category: Sport

Organizers of World Cup 2018 estimated long-term economic effect of holding a tournament — Rambler News Service


Photo: globallookpress.com Long-term annual effect of holding the FIFA World Cup in Russia for national economy can make from 150 to 210 billion rubles, follows from the report of the Organizing committee on preparation for a WC. "In five-year prospect influence of World Cup 2018 is estimated at 150–210 billion rubles a year that is comparable to the effect observed during preparation and holding the championship" — it is said in the report. About a third of future effect is necessary on tourism development, reports committee. "It is expected that about a third of future effect of World Cup 2018 is necessary on tourism development while the main part of long-term influence will be reached due to effect of the catalyst of investments" — it is specified in the document. At the same time aggregate economic effect during the whole time of preparation for a WC was 952 billion rubles, reported in the Organizing committee. "79% of cumulative effect were caused by influence of investments and operating expenses that makes 751 billion rubles" — it is said in the report. At the same time expenses on preparation for a tournament was lower — expenses of the federal and regional budget made less than 500 billion rubles. World Cup 2018 took place from June 14 to July 15, 2018 in 11 cities of Russia — Moscow, St. Petersburg, Kazan, Sochi, Nizhny Novgorod, Samara, Volgograd, Rostov-on-Don, Kaliningrad, Yekaterinburg and Saransk. The French national team which won a tournament the second time in the history became the world champion.

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