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Jamaica gets $40m boost

Singapore, the host nation for next year’s inaugural Youth Olympics, has given the Jamaican government its assurance to pay the US$550,000 needed to resurface the run-down Stadium East mondo track at the Independence Park Complex.

According to sports minister Olivia Grange, the arrangement will see a few of Jamaica’s top athletes, including triple World and Olympic gold medallist Usain Bolt, helping Singapore to market the Youth Olympics set for August 14 to 26 in 2010.

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“We have been offered the funds, but we have to sign off on the arrangements,” Grange said on Thursday. The estimate of US$550,000 (or about J$49 million), was provided by Mondo America Incorporated…..Read More

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