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Olympic Village Project Faces Set
Back
LNOC President Philibert
S. Brown
Thursday, 6th July 2006
By Patrick K. Wrokpoh
The Liberia National Olympic Committee has revealed that Liberia
risks losing US$150,000 allotment intended to commence the first
phase of the construction of an Olympic Village project if the
Liberian government does not make available its share of US$30,000
needed to begin the project as agreed upon with the financier of the
project.
Making the disclosure yesterday to journalists at the Liberia
National Olympic Committee (LNOC) offices on Benson Street, the
president of the LNOC Mr. Philibert Brown, said the Olympic
Committee, has met all the required conditions set by the chief
financier of the project, Association of National Olympic Committee
of Africa (ANOCA) to construct the Olympic Village for Liberia.
He said what is now required to get the project started is for the
Liberian government to make available the US$30,000 as a pre-finance
to commence the project before ANOCA can make available its
US$150,000 promised the country to complete the first phase of the
project.
The LNOC president said in keeping with the require conditions set
by ANOCA the country should acquire six hector of land before it can
benefit from the Olympic village project.
He said to meet this condition the LNOC has purchased ten acres of
land and has opened a special account for the Olympic Village
project to which, both the LNOC and the Ministry of Youth and Sports
serve as join signatories. He said the land has already been
surveyed.
Mr. Brown said other conditions required under the project but have
already been met by the LNOC include, the establishment of local
chapter for the project as well as carrying out the technical
drawing of the project.
According to him, the technical drawing of the project was done in
Senegal by an architectural firm, and that it cost the LNOC
US$2,000.
The LNOC president said it cost the LNOC US$15,000 to meet up with
all these conditions stressing that the Olympic body took the amount
from its administrative funds just to ensure that Liberia does not
forfeit those benefits allotted to the country under the project
which, is in three stages.
He said at the end of the first phase of the project, which is
expected to be by October this year, the continental Olympic body
would dispatch a team to Liberia to have the project dedicated.
He pointed out that the LNOC authority has been assured by the
Liberian government through the Ministry of Youth and Sports, that
it would make available the US$30,000 to get the first phase of the
project started when the fiscal budget for 2006-2007 is approved.
He said the government is doing well, but noted that with the fiscal
budget just been submitted to the National Legislature for
deliberation, time was not in the favor of the LNOC to meet the
October 2006 deadline set by ANOCA for Liberia to qualify for the
second phase.
Dwelling on what he said could be a possible solution to begin the
project, Mr. Brown said the LNOC has been assured by the Liberia
Bank for Development and Investment (LBDI), that it is prepared to
release the amount to the LNOC to commence the project, but want the
Liberian government through the Ministry of Finance to commit itself
that the money will be refunded if the fiscal budget is approved.
According to Mr. Brown, he has informed the Youth and Sports
Ministry on the offer of the LBDI but quickly pointed out that there
has been no response yet in this direction.
He however, revealed that the LNOC is seeking other avenue to raise
the amount and has accordingly written a letter to some business
institutions and individuals to assist with the US$30,000 so as to
begin the project.
He made particular reference to the Lebanese and Indian communities
in Liberia, the Lone Star Cell Company, Cellcom, Bridgeway
Corporation among others
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