Tokyo 2020; Agreement reached on allocation of costs

Press release by the Tokyo Organising Committee of the Olympic and Paralympic Games:

Tokyo 2020 Parties Agree Basic Roles and Allocation of Costs for the Tokyo 2020 Games
1 June 2017

The Tokyo Organising Committee of the Olympic and Paralympic Games (Tokyo 2020) today agreed an overall approach governing the division of roles and allocation of costs for the Tokyo 2020 Games with the Tokyo Metropolitan Government (TMG), the Japanese Government, and with local governments of the seven prefectures and four other cities hosting events. The agreement was reached following a special liaison meeting between all the parties.

The seven prefectures hosting events are Hokkaido, Miyagi, Fukushima, Saitama, Chiba, Kanagawa and Shizuoka. The four other cities are Sapporo, Saitama, Chiba and Yokohama.

All the parties additionally agreed to set up a ‘Management Committee for Collaborative Projects’ (name TBD), which aims to further reduce costs, while optimising resources. The committee will regularly review the specific tasks related to Games preparation and operation according to the status of each venue and ensure that these tasks are progressed and managed properly.

 

Documented Overall Division of Roles and Allocation of Costs (pdf)
Link to press release