Tuesday, May 26, 2009

Games Village to be underwritten by public finances

The "public - private partnership" defined for building the commonwealth games village has entered a new phase with the DDA forced to underwrite the cost of construction in order to get the facility completed in time (see this news item).The private builder - EMMAR MGF - could simply wring his hands and say that he did not have enough money.I had written about the partnership in Sept 2008 here

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