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Thursday, 26 Jul 2012

Russia - 2014 Sochi Winter Olympics; Development of Sport and Supporting Infrastructure (HVO RUS-8)

Russia will host the XXII Olympic and XI Paralympics Winter Games in February - March 2014 in Sochi. The potential opportunities for UK companies are enormous.

The official delivery plan records some 218 projects to be constructed in Sochi. More than 1 trillion roubles (USD 35 billion) will be spent between 2009 and 2012 on the preparations for the 2014 Winter Olympic Games.

The projected budget for construction of 12 custom-built sports venues, located in two clusters is about 200 billion roubles (C USD 6.6) billion. The operating budget for the actual games is USD 1.8 billion.

Olympic opportunities for UK are potentially enormous. Contracts arising from the Games cover all sectors, from engineering, transport, security, environmental planning, power engineering, sport venue fit out (plant and equipment, seating, surfacing, lighting, IT), through to event delivery (security, recruitment, volunteering programmes, training, broadcasting, event management, media signage, ticketing, screens, temporary overlay, crowd control, transportation and branding), hospitality and catering.

There has been identified a particular interest in UK companies providing newest technologies in construction, design and engineering services, project management, security equipment and security control management, legal advice, sound and broadcasting equipment, telecommunication equipment, environmental friendly vehicles, special equipment for the Paralympic Games and disabled people, as well as education services.

Opportunity Type: Major Projects

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