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Latino Daily News

Tuesday March 26, 2013

Consultants Say Madrid Would be Ready for 2020 Olympics

Consultants Say Madrid Would be Ready for 2020 Olympics

Photo: Consultants Say Madrid Would be Ready for 2020 Olympics

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Madrid in the year 2020 will be in better shape to organize the Olympic Games than it is now, according to a report by consulting giant PricewaterhouseCoopers.

The document was presented to the International Olympic Committee’s Evaluation Commission last week during the inspectors’ visit to the Spanish capital to appraise Madrid’s bid for the 2020 Games.

With regard to the 37-parameter analysis, the PwC report sets out to compare Madrid’s current position with that of other cities, to analyze the recent evolution of Spain in the context of the economic crisis, and its possible progress up to the year 2020.

Among the aspects studied were transportation and infrastructures, health and safety, intellectual innovation and capital, sustainability and the environment, demographics, costs, accessibility and business capacity.

Of the 37 parameters, the report forecasts that 65 percent will progress favorably over the next seven years while 23 percent will remain stable.

Madrid already has some favorable conditions for holding the Games and is in a better position that any of the previous Olympic cities for mass transport and a low risk of natural disasters.