Lagos – Campbell Newman, the Premier of Queensland, Australia, on Friday, unveiled the 2018 Gold Coast Commonwealth Games Athletes’ Village plan.
Newman branded this development “one of the Games’ most significant legacy projects’’.
According to the Inside the Games’, a weekly publication of major upcoming games, he said that the village was allocated 42.1 million dollars budget last year.
He said that the village would be built by an Australian construction firm, Grocon, on the 29-hectare Parklands site, near Southport.
The construction is said to happen over the next four years and is one of the largest urban renewal projects ever undertaken on the Gold Coast.
According to Newman, the village will comprise more than 1,200 apartments and townhouses for athletes and officials during the Commonwealth Games.
He added that the village would have a significant economic impact.
“The Commonwealth Games Village will provide essential services and accommodation for 6,500 athletes and officials in Games-mode.
“It will be one of the Games most significant legacy projects,’’ he said.
Newman noted that this would inject an estimated 462 million dollars into the local economy over the next five years, and would generate more than 1,500 jobs during the construction phase.
“Overall, the Commonwealth Games and associated projects are expected to generate approximately 1.8 billion dollars in economic benefits to the state and generate up to 30,000 full-time jobs,” he said. (NAN)