BIE inspectors complete visit to Yekaterinburg
During their trip, inspectors met with President Vladimir Putin and Prime Minister Dmitry Medvedev, both of whom have recently become outspoken supporters of Yekaterinburg's bid, Ria Novosti reports.
If Yekaterinburg is selected to host EXPO 2020, experts estimate an additional $10 to $15 billion in private investment will need to be raised to prepare the city for the international event. Additionally, the Russian government has agreed to invest $2 billion to assist in upgrades to Yekaterinburg's infrastructure.
In the city's EXPO 2020 bid presented to BIE inspectors during their visit, approximately 1,400 acres of land in Yekaterinburg will be set aside for exhibitions facilities. Architects have designed a large central pavillion, "Rossiya," measuring more than two million square feet, as well as five smaller pavilions for use during the event.
The bid also outlines plans to upgrade Yekaterinburg's airport facility and add direct international flights in and out of the city. Similarly, hotels will be upgraded and additional ones will be constructed in time for the 2018 World Cup games, according to Ria Novosti.
Plans call for the construction of a multipurpose complex to house sporting events, concerts and speaking engagements. Exhibition participants will live in a 52 acre residential area called the "Expo Village."
The BIE will announce the event's host in November.
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