Russian Sports Minister Vitaly Mutko said on Friday, April 17, that the cost of construction of stadiums for the World Cup (World Cup) will increase by 30-40% in 2018 due to the devaluation of the ruble, according to "R-Sport".
"The growth of the dollar and the euro, inflation, of course, affect the value of the stadiums. Plus we signed some contracts in dollars, but to buy the dollar became more expensive. Therefore, in order to buy something, it is necessary to increase the ruble component. In general, talking about 30-40% more expensive in general, "- said Mutko.
The head of the Ministry of Sports said that in order to meet the target price, the World Cup Organizing Committee has adopted a number of measures, including, "relatively speaking, import substitution". "We asked customers and contractors to introduce changes to the project on the substitution of the imported parts, equipment, and technologies that can be replaced with the Russian" - he said.
In late January, Mutko said that the preparations for the World Cup 2018 in Russia will be reduced by 10%. Russian Prime Minister Dmitry Medvedev in February approved a reduction in the capacity of stadiums with EkaterinaUrga and Kaliningrad. In early April, the Ministry of Sports has proposed to abandon the construction and renovation of hotels in 25 Russian regions in preparation for the 2018 World Cup.
World Cup 2018 will be held in Russia from 14 to 15 July 2018. Matches will be held at 12 stadiums in 11 cities: Moscow, St. Petersburg, Kazan, Nizhny Novgorod, Volgograd, Yekaterinburg, Samara, Saransk, Kaliningrad, Sochi and Rostov-on-Don.