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Published in TZ Latest News 17 July, 2015 by The TZ Newswire Staff

Japan to scrap $2 billion olympic stadium plan as costs soar

Japan will hold a new competition to select a design for the main Tokyo 2020 Olympic stadium, abandoning a futuristic creation by British-Iraqi architect Zaha Hadid after cost estimates ballooned. “We’ll go back to the drawing board,” Prime Minister Shinzo Abe told reporters in Tokyo on Friday. Abe spoke after meeting former Prime Minister Yoshiro Mori, head of Japan’s Olympic organizing committee, and Hakubun Shimomura, the sports minister.