Sascoc to bid for 2024 Olympic Games
South Africa pulled out of 2020 bid because government felt the time wasn’t right.
JOHANNESBURG - The South African Sports Confederation and Olympic Committee's (Sascoc) Chief Financial Officer Vinesh Maharaj is confident if South Africa gets to host the 2024 Olympic Games it would give the country a huge economic injection.
The local Olympic body is putting together a bid for the global showpiece which it will present to government soon.
South Africa pulled out of 2020 bid because government felt the time wasn't right, but Sascoc believes the country is perfectly placed to host the 2024 edition.
Nairobi in Kenya and Casablanca in Morocco have also expressed interest in the sporting spectacle, creating great competition for South Africa's chosen city.
Maharaj said, "Financially it would be positive because there would be infrastructure development."
Bidding will begin in 2015 with the committee set to announce the host in 2017.
The Olympic body is confident the government will back its desire to host the 2024 Olympic Games.
Maharaj added that it's important to devise a strong business plan to entice government to back the bid.
"If we have a long term strategy, this is the kind of interest that investments need to make periodically so that we can arrive at the end goal which is the Olympic Games."