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2010 WORLD CUP ON TRACK, SAYS JORDAAN

The 2010 FIFA World Cup is within budget and on target to meet financial and infrastructure objectives, according to the organising committee CEO Danny Jordaan.

Jordaan said revenue from the sale of broadcasting rights had already been secured as 95 per cent of broadcasting rights had already been sold.

Jordaan added that the construction and upgrades of stadiums in the nine host cities were also on track, including the five being built from scratch. "The time-frames are tight but we must not underestimate the South African construction companies," he said.

However, Jordaan conceded that steps needed to be taken in terms of transport development and highlighted a need for more buses coaches as part of a long-term development strategy.