Queensland and the Australian federal government have signed a $4.7B (all figures U.S.) deal “to deliver venue infrastructure for the 2032 Olympic and Paralympic Games,” as “work on the new centrepiece stadium officially kicks off.” The federal government has committed $2.26B “towards venue infrastructure, of which” $789M “will be tipped into the new 63,000-seat Brisbane Stadium at the inner-city Victoria Park and the remainder split between the 16 other new or upgraded venues.” A new deal “was required after the Delivery 2032 plan scrapped the federal government’s” $1.6B Brisbane Arena project. The Crisafulli government has “affirmed the 17,000-seat project will be completed ahead of the Games by the private sector” (THE AUSTRALIAN, 7/3).
RELATED: Brisbane on the right path for 2032 Olympics after IOC visit
