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Friday, October 19, 2007

Beijing's Olympic swimming venue financed by Overseas Chinese

The newly-built swimming venue for Beijing Olympics was financed by overseas Chinese, a senior official with the organizing committee said Friday.


Liu Jingmin, executive vice president of the Beijing Organizing Committee of the 2008 Olympic Games (BOCOG), said at a press briefing that 830 million yuan (110.7 million U.S. dollars) of investment has arrived for the construction of the glittering National Aquatics Center, nicknamed Water Cubic.


Liu said the organizing committee hoped to further cooperate with overseas Chinese in the preparation of the Games.


According to Liu, there are roughly 60 million overseas Chinese around the world, who he said could do more for the Games that is scheduled to open on Aug. 8, 2008.


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