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The new year 2022 begins with an important update in the sports world: the bidding for the Olympic and Paralympic Games has already started. Africa could be one of the emerging regions in the bidding rush, with Egyptian Sports Minister Ashraf Sobhy offering to host the Summer Games of 2036 in the country.
Egypt As A Leading Country In The MENA Region
If Egypt can win the assignment, it would be the first time in history for an African country to be home to a worldwide large sports event. Egypt would also be the first nation in the Arab world and, in general, in the entire Middle Eastern region. Ashraf Sobhy announced that Egypt is already preparing the application while ensuring that the country is ready to cover all the aspects of hosting such an important sports event. The president of the Association of African National Olympic Committees (ANOCA) is aware that the Olympic Games 2036 may impact the Middle East on several levels. From an economic point of view, hosting an international sports event means boosting local commerce, but it also means spending large amounts of funds to ensure that all local services and infrastructures are at the height of the demand.
The Gold Rush To Bidding For The Olympic Games 2036
Egyptian authorities are currently reinforcing their relationships with the neighboring countries: Algerian leader explained that he would help support the organization of the Olympic Games. It appears that African countries are already foretasting the big event’s start. However, a significant number of nations that applied for the 2032 edition of the Games could decide to fight hard to obtain the title of hosting nation for the 2036 edition.
In particular, countries like India, Indonesia, Qatar, Hungary, Germany, Argentina, and Korea might renew their bidding with other countries chasing after them, too. It could be the case of Russia, which announced a call for bidding to participate in the sports rush with the UK, Turkey, Spain, and a few more. Before the sports competition starts, it’s going to be an international battle among many nations, each interested in winning the gold rush to hosting the Olympic Games 2036.
But even considering the worst scenario with Egypt not winning over its many competitors, the country’s chances to prepare for a stronger bid for the 2040 Olympic Games might seriously emerge and, who knows, even defeat the competitors.
Economical Effort And Meaning Of Supporting The Event
Preparing for an international sports event as big as Olympics comes with a huge economic effort. The Egyptian government is forecast to use a 90,000-seat stadium for a combined capacity of 23,000 hosts. Moreover, the stadium will have facilities for several sports specialties, including swimming, equestrian, and squash sports. Significant funds will be employed for the Opening Ceremony, which should be a spectacular show for everyone.
The costs for hosting Olympic Games are immensely high, regardless of where the Games will take place. On the other side, the economic benefits seem far from granted. Consequently, a few nations gave up their application to host the Games, as the financial aspect of the business is a big concern. Only to mention one, Pyeongchang is currently hosting the Winter Olympics 2022: the costs for the event are as high as $1.4 billion.
Being a competitor in the bidding rush for Olympic Games is a luxury nowadays. Egypt’s bid is a calling card that reveals the economic height of this MENA country. As a general consideration, the economy of international sports events reflects the local economy level of the bidding countries. So, Egypt is showing the world its economic power. This fact could destabilize the world’s financial empire, traditionally dominated by western economies. Egypt is, in other words, sending a message to the entire planet as a leading Middle Eastern country trying to emerge in the international scenery.
Egypt To Get To The Top Of World’s Sports Pyramid
If the next Olympics will take place in Egypt, this would be a victory not only for the hosting nation but for the entire region, too. That’s why neighboring countries are building solid relationships with Egyptian authorities to help host the Games.
Finally, Egypt is also showing the world to be at the height of the organizational effort: Egyptian infrastructures and sports facilities are at the same quality level as those in the most important countries, and even superior to them in most cases. Egypt is not new to hosting large sports events like the African Cup of Nations and world championships in several sports, including handball, pentathlon, gymnastics, football, and many more. Egypt’s capability to support big event efforts isn’t just a hope, it’s a real fact that speaks itself about the country’s level and wealth.
The plan of bidding for the Olympics 2036 is far from trying an adventure: Egypt is getting out to reach the top of the world’s sports pyramid in all awareness. According to President Abdel Fattah El-Sisi’s words, Egypt is experiencing a new era, and it’s currently projecting forward to become one of the leading economies in the Middle East by 2030.