A group of 450 high-level personnel are meeting in Stuttgart today to discuss the economics of Stuttgart hosting the 2012 Summer Olympic Games.
Representatives from sport, culture, politics and economics are discussing additional support for the 2012 bid.
Architects, planners, federations and institutions have joined Frankfurt 2012 bid officials in compiling the bid application which was presented to the German Olympic Committee last May.
The planning of sports facilities and the acquisition of land are underway and several top sponsors are supporting Frankfurt’s bid.
The Olympic logo is featured on posters and labels of mineral bottles sponsored by the Hassia entrepreneurial group.
According to a study on the economic effects of a Frankfurt Olympic Games, the sports facilities and infrastructure would cost about 1.7 billion Euro. The final results of the study will be released at the beginning of November.