Showing posts with label Sochi. Show all posts
Showing posts with label Sochi. Show all posts

Thursday, October 28, 2010

Sochi Construction Re-Discovers Archaeological Site

An 8th century archaeological site in Russia that was discovered in the 1950s and then lost again has been re-discovered during the massive construction and preparation for the 2014 Winter Olympics in Sochi.

When the Imereti lowland was chosen as a construction site for future Olympic venues for the Sochi Winter games in 2014, almost every corner was carefully surveyed and that's when this part of history was rediscovered.

Sochi Olympics construction dredging up archeological sites
Russian Times
October 25, 2010

Tuesday, October 12, 2010

Sochi's Building Boom

The 2014 Winter Olympics in Sochi, Russia, have spurred a building boom in the surrounding area, with work going on virtually around the clock.

Proof of the positive results of the discussions of Sochi’s investment attractiveness was quite around the corner. Even though it’s more than three years to go before the start of the Winter Olympic Games-2014, the city and the nearby territory is dotted with construction sites. Contractors work day and night, and the frames of some of huge constructions to be commissioned already next year and in 2012 look quite impressive. The region has made an emphasis on Sochi’s charm as a Black Sea resort city as well as development of its infrastructure and transport.

“Sochi has always been an investor’s attraction and it remains such especially now that we are getting ready for the Winter Olympic Games. With the amount of attention our government pays to this project, I think investors can be sure of tomorrow,” said Sochi’s Mayor Anatoly Pakhomov.

Round-the-Clock construction goes on in Sochi
The Voice of Russia
September 21, 2010

Games Head Says Sochi Olympics Might Not Need Public Funding

Olympics officials in Russia have claimed that the 2014 Olympics in Sochi may not need any public funding.

Sponsorship revenues are already over $1.0 billion, making Sochi by far the most successful winter Games organising committee in that respect, and even look likely to surpass Beijing's $1.2 billion domestic sponsorship revenue mark for its much bigger 2008 summer Games.

"It is true we have exceeded our (sponsorship) plans but we have now established new plans," [Games chief Dmitiry] Chernyshenko told Reuters a day before the start of an International Olympic Committee (IOC) coordination commission visit to monitor progress.

INTERVIEW-Olympics-Sochi may not need public funds - Games chief
Reuters
October 11, 2010

Tuesday, September 21, 2010

Olympics: Causing or Curing Ecological Issues in Sochi?

A Russian vice-premier is trying to convince locals that the 2014 Winter Olympics in Sochi will help the resort city to deal with various ecological problems, despite reports that construction for the event had been tainting the environment.

"The main heritage of the Olympics is that ecological problems will be resolved. We have been eliminating dumps, launching an incinerator, and will resolve the issue of polluted water run-off into the sea," Kozak told reporters during a working visit to Sochi.

Last week, the head of the city's ecological council was quoted by Russian daily Novaya Gazeta as saying that the ecological situation in Sochi had worsened significantly over the past six months mainly because of the growing number of cars and increasing construction pace combined with the absence of full-fledged environmental protection measures.

Winter Olympics will help tackle ecological problems in Sochi - Russian vice-premier
Ria Novosti
September 13, 2010

New Terminal Opens at Sochi Airport

A new $200 million USD terminal has opened at the Sochi airport, the first of the city's broad Olympics-related projects to complete.

The terminal is the first major facility commissioned for the games and ticks off a box on Russia’s long to-do list in preparation for the event.

The new terminal is fully operational and services both domestic and international flights. It boasts the latest know-how in ecological and resource efficiency and the most modern equipment, the company said in a statement.

New Sochi Airport Terminal Opens
The Moscow Times
September 17, 2010

Sochi Olympics Fuel Transportation Infrastructure Spending

Transportation infrastructure spending is on the rise on Sochi, Russia, site of the 2014 Winter Olympics. Industry officials expect the national market to increase 4% to roughly $23.5 billion USD.

Spending to build roads and bridges for the 2014 Sochi Olympics has already peaked, he said, as the projects are slated to be operational in 2012.

Despite the impressive size of Russia's road construction market, it has no foreign contractors because of the high entry barriers, Mozalyov said.

Infrastructure Spending Is Rising, Builders Say
The Moscow Times
September 17, 2010

Wednesday, August 25, 2010

Sochi: Hard at Work

With many major infrastructure projects underpinning its hosting duties for the 2014 Winter Olympics, the Russian city of Sochi is hard at work transforming itself into an international sporting area.

It means the construction of a new winter community in the North Caucasus mountains, the construction of 300 kilometres of roads, 100km of rail, 39 tunnels and 24 thermal and hydro power stations.

"We are well on track," asserts Mr Chernyshenko, a native of Sochi who was handed the games' baton five years ago.

"Our construction site is now probably competing in terms of size with London's," he says.

Sochi games boss in 2014 Olympic marathon
BBC
August 19, 2010

Monday, August 16, 2010

Huge Costs Expected for Russia's 2014 Olympics

Sochi, Russia's 2014 Winter Olympics could end up costing nearly £20 billion (~$31 billion USD), which some residents see as a waste of money. Much of the high cost is due to large infrastructure projects, such as a tunnel road that's expected to cost roughly $7.8 billion.

With four years still to go, that figure will dwarf overall spend for Canada's Vancouver Olympics of about £3.5bn.

The 2014 Games in Sochi, on Russia's southwestern coast, are already dogged by massive controversy and allegations of corruption.

Many homes are in the process of being demolished to make way for the six-stadia Olympic Park.

Russia Pays High Price For Winter Olympics
Sky News
August 11, 2010

Sunday, August 1, 2010

Sochi Corruption Investigation Seen As Stunt

Russian President Dmitry Medvedev has ordered an official corruption investigation over alleged bribes related to construction in Sochi ahead of the city's 2014 Winter Olympics. Many is Russia view the investigation as a fluff effort to try to convince people that the government is acting against corruption.

The Novaya Gazeta story focuses on Vladimir Leshchevsky, deputy of construction in the Kremlin's Office of Presidential Affairs – a vast empire that owns about $500 billion worth of former Soviet Communist Party property. It alleges that he took about $5.7 million in kickbacks from the Moskonversprom consortium of construction companies in connection with the renovation of two Kremlin-owned Sochi area sanitoriums.

"To really fight corruption he would have to fire [Prime Minister Vladimir] Putin, who is at the center of the Sochi Olympic scandal, but that's not going to happen," says Boris Nemtsov, a former deputy prime minister and a leader of the liberal opposition who ran unsuccessfully for mayor of Sochi in polls last year that some criticized as Kremlin-manipulated. "So he orders an investigation of Leshchevsky, a nobody. It's just a PR action."

Medvedev orders corruption investigation into Putin's Sochi Olympics
The Christian Science Monitor
July 29, 2010

Sochi's $6 Billion Olympics

The 2014 Winter Olympics in Sochi, Russia are expected to cost more than $6 billion, according to Deputy Prime Minister Dmitry Kozak. Of that, roughly $2.9 billion will be provided by the government.

Re-settlement of town residents whose houses are to be demolished and lands withdrawn during construction works will cost an extra 12 billion rubles (395.6 million dollars).

He added this was only a preliminary estimation at the moment, as "a great number" of problems remains in place, including customs and border control issues.

Sochi Olympics may cost 6 bln U.S. dollars: official
Xinhua
July 23, 2010

Thursday, July 22, 2010

Russia's Corruption Builds $7.8 Billion Road

Corrupt practices in Russia have greatly ballooned the costs of simple road projects ahead of the 2014 Winter Olympics in Sochi, according to a recent article from the Russian edition of Esquire magazine.

Corruption in Russia has made road-building so expensive that the same stretches of highway could be coated in an eight-inch thick layer of foie gras for the same price, a study has found.

The decision to publish the bizarre calculation in the Russian edition of Esquire magazine was designed to embarrass the Kremlin, which has failed to tackle endemic corruption in the industry. The magazine used one road, being built for the 2014 Winter Olympics in the southern town of Sochi, as an example. The price tag for the 50-kilo-metre long road is $7.8 billion Cdn, more than the entire costs of the Vancouver Olympics including the upgrades to the Sea to Sky Highway.

Read more: http://www.vancouversun.com/news/road+Sochi+costs+billion+corruption/3308038/story.html#ixzz0uQmjuj5a

One road in Sochi costs $7.8 billion due to corruption
Daily Telegraph via The Vancouver Sun
July 22, 2010

Sochi Road-Rail Project Quickens Pace

Work is being expedited in Russia to complete a combined rail and road link to improve connectivity to remote host city Sochi.

Russian Railways is speeding up construction of the main infrastructure project for the 2014 Winter Olympics in Sochi – the combined road and rail route linking Adler and the Alpika-Service mountain resort.

In line with requirements set down by the International Olympic Committee, Russian Railways’ contractors are carrying out tunneling work at six tunnel complexes on the mountain route. To date, servicing-evacuation tunnels have been created at complex No. 1, complex No. 5, and rail tunnel No. 2. Work on the other tunnels is proceeding on schedule.

$1.34 bln invested in combined road for Olympics during first half of year
Rail-News.com
July 21, 2010

Sunday, July 18, 2010

A Peek at Sochi

Skiing magazine First Tracks!! talks with United States Ski and Snowboard Association (USSA) Vice President, Athletics Luke Bodensteiner about his recent visit to Sochi, Russia, host of the 2014 Winter Olympics.

Q: What's new in Sochi?

Bodesteiner: When I went there two years ago, it was a really small little mountain town up a pretty narrow mountain valley. I swear there must have been about 800 people living there with old houses and without any kind of resort at all up there. Now, going back, you can see it's going to be a huge transformation. There's tons of construction going on right now everywhere you go with thousands of workers and trucks. They're building a world class ski resort which is going to have great skiing. The mountains are all being connected by peak to peak gondolas on two sides of the valley. Down along the river they're doing great development of about two dozen high-end hotels. That's going to basically be the heartbeat of the Olympics because along the river corridor are the mountain venues up at the top of the ski area, then the resort village and down at the bottom of the river valley in Sochi are the ice arenas. They're actually at the end of Sochi, about an hour from downtown in normal traffic. So really I think the action is going to be up in skiing and snowboarding venue at Rosa Khutor.

Taking a First Look at Sochi
First Tracks!!
July 17, 2010

Saturday, July 17, 2010

A new rail line is being built in Russia that will connect to the airport in Sochi, host of the 2014 Winter Olympics.

Russian Railways is building a rail line from Adler to Sochi Airport. The new intermodal line will ensure comfortable high-speed transport for guests and participants at the 2014 Winter Olympic Games. The estimated capacity of the line will be more than 86,000 people per day, or up to 60% of all air passengers travelling to the Olympics. The line is scheduled to be launched in 2012.

Rail line from Adler to Sochi Airport to open in 2012
Rail-News.com
July 16, 2010