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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.

“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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