TOKYO (AP) — The International Olympic Committee and the Tokyo organizing committee wrapped up a two-day project review on Wednesday vowing to cut costs for the 2020 Games and address concerns over water pollution in Tokyo Bay.
IOC vice president John Coates said the IOC needs to see cuts of $1 billion from the $12 billion budget. Coates said he saw potential for cost reduction in 11 of the 14 areas that were discussed during the meetings.
"That's the target that we think should be achievable not just by Tokyo but by all summer organizing committees," said Coates, who chairs the IOC's Coordination Commission for the 2020 Tokyo Olympics.