Almaty 2022 Won’t Overspend

Officials of Almaty Kazakhstan’s bid for the 2022 Winter Olympic Games said Thursday they have no plans to emulate the Sochi Olympics and will spend only a fraction of what the Russians have invested, reports Reuters.

Almaty is once again bidding for the Winter Games after it failed to make the shortlist for the 2014 Olympics.

Andrey Kryukov, executive board member of the Kazakh Olympic Committee, told reporters, “it will not be a big budget”.

Almaty reportedly has eight of the 12 venues ready and says 10 will be completed by 2017.

Kryukov said, “we are going slowly. We are going year by year hosting different competitions. What are we missing? The Games”.

Almaty is competing with Lviv Ukraine, Oslo Norway, Krakow Poland and Beijing China. The International Olympic Committee (IOC) will select the short list in July and the host city of the 2022 Winter Olympic Games will be elected in July 2015.