Zambian cabinet has given a green light on Zambia's decision to host the 2011 All-Africa Games in Lusaka, for which a staggering 446 billion kwacha (111.5 million U.S. dollars) will be spent, Zambian Times reported on Wednesday.
Sports Minister Gabriel Namulambe was quoted as saying that 206 billion kwacha (51.5 million dollars) of the total budget would be channeled towards infrastructure development while the rest would go into meeting administrative costs of the biennial games that are being hosted by Algeria next month.
The Zambian government will soon be setting up a local organising committee (LOC) that will include personalities from the private sector.Namulambe said the LOC would be multi-sectoral and would include officials from various line ministries such as Tourism, Education.
Namulambe said he was positive that international sports organisations such as the International Amateur Athletics Federation (IAAF) would partner with the National Olympic Committee (NOC) to help with he successful hosting of the Games.
Namulambe said while the Zambian government would pump a lot of the required money into the games, he was hopeful that the private sector would also heavily weigh in to lighten the financial burden.
Asked about whether the government would offer tax incentives to companies willing to pump their monies into the Games, Namulambe said it would tread cautiously on the matter.
"We have to entice people to partner with us.But we can't put a blanket cover without seeing the cost benefits. What if we give rebates and no company comes to help. What is important is that we are still open to discussing on tax rebates," Namulambe said.