Cost for 2020 Games gymnastics venue more than double now

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The cost to build a temporary gymnastics arena for the 2020 Olympic and Paralympic Games in Tokyo has more than doubled with Shimzu Corp winning the $190 million (20.5 billion yen) contract, according to a report.

The venue, which will accommodate 12,000 spectators, will be raised at Tokyo's Koto Ward with construction expected to be completed by October 2019.

The cost was initially slated to be $81.61 million (8.9 billion yen), as stated in the candidature file presented to the International Olympic Committee (IOC) in 2013.

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