by Xinhua writer Yang Jianxiang
BEIJING, Feb. 21 (Xinhua) -- After the captains and
the kings depart, how to make main Olympic and Paralympic venue - the National
Sports Stadium - pay for itself?
It's colloquially named "the Bird's Nest", but could
it instead end up as a white elephant?
For Bird's Nest investors, memories and mementoes
left over by the Beijing Olympic events staged there were golden eggs laid in
the nest. Largely intangible, the precious Olympic legacy needs to prove its
economic value in the times to come. The Games are over, and the Nest has begun
to look for more birds and eggs, to recover investment and make a profit in a
period of three decades.
The task is a tough one, said Yang Weiying, a deputy
general manager of Beijing CITIC Consortium Sports Stadium Operating Company
Limited, in charge of Bird's Nest's operations.
NOBODY DARES SAY AT THIS STAGE
The first sports event that took place in the Bird's
Nest after the glamorous Olympics was a school sports games. The date was Oct.
19. The pupils and faculty of Beijing No.2 Experimental Primary School added up
to about 2,000 in number. Together with parents and relatives as spectators, the
attendance was around 10,000. It was understood that the arrangement involved a
rent fee. Yang declined to elaborate on the issue.
Given its status and size, the Stadium would be an
ideal venue for big events such as football. However, the much-talked-about plan
for the city's leading club team -- Guoan Football Team, sponsored by a
subsidiary of CITIC Group -- to settle down failed to materialize. Guoan
contracted with the Workers' Stadium, instead. The venue, it said, had proved a
lucky place for the team. Concerns over cost and the comparatively small size of
the WS were reportedly also factors in Guoan's decision.
As the country had few big spectator sports that were
high-level and popular, the sales of the Bird's Nest for sports games seemed
indeed a worry, at least for the time being. Yang Weiying said negotiations were
going on with a number of clients. She would not go into details.
The stadium didn't have to stage sports events,
though. On October 14 the 9th Beijing CBD International Business Festival began
on the same turf where Olympic athletes had trod. According to Yang, children
might have a chance to perform and play in the world's biggest "bird's nest" on
June 1 this year. And on August 8,the first anniversary of the opening of
Beijing Olympics, Zhang Yimou, director general of the Olympic performance shows
and a world-renowned movie director, would probably return with 'Turandot',
Puccini's most famous opera, which he had successfully staged some years ago in
the Forbidden City.
The rental fee of the Bird's Nest would be flexible
and reasonable, Yang Weiying said, "We attach great importance to quality.
That's why we chose director Zhang's 'Turandot' for our big cultural show
debut." She admitted that the 80,000-seat stadium was a challenge for many
clients. "But they should have considered it before submitting applications,"
she said.
Tourism was a secure and promising source of income.
Given China's huge population, a very small proportion of people had the chance
of viewing the Olympic ceremonies and games in the Bird's Nest. The venue was
now a must for many visitors to Beijing.
Shortly after the Olympics, during the week-long
national holiday in October, the Bird's Nest recorded a daily average of 80,000
visits, each paying 50 yuan for admission. "We had planned to shut down for
maintenance after that. But people peeped through the bars. It was not easy for
many of them to have a chance to come to Beijing. And it would be a big regret
if they couldn't see with their own eyes what it was like inside the Bird's
Nest," Yang said.
The ensuing two New Year's national holidays reported
similar tourist enthusiasm. And in ordinary weekends and work days, the number
of visits to the Bird's Nest averaged around 20,000 a day. Many people were from
other parts of the country or foreign countries. And many came for meetings or
commercial gatherings, a rapidly growing industry in capital Beijing.
The Bird's Nest had a plan for renovation and
operation in the coming three or five years. By removing 11,000 temporary seats,
the facility would have 35 percent of its 258,000 square meters of floor space
available for commercial use. A ring-shaped restaurant with Olympic theme
decorations or galleries would be built on the third floor. A total of 146
private rooms would be furnished and rented to companies or individuals to
comfortably watch games. And the Nest would accommodate classy stores selling
Olympic souvenirs, chinaware and fashion garments.
The three-party CITIC consortium had put about 1.5
billion yuan in the National Sports Stadium project and gained the right of
independent operation for 30 years. During the Olympic Games, the operating team
had more than 6000 people. Now the staff members total about 700. The yearly
expenses -- salaries, maintenance fees and bank loan interest payments -- stand
at 150 million yuan. "There should be no problem in covering the cost now," Yang
said, "As to the recovery of investment over the long period of 30 years, no one
dares say at this stage, especially faced with the current economic situation,"
Yang Weiying said.
"It's not enough for us to maintain the achievements
of our predecessors. It's a path-blazing mission," Yang said.
Apart from the sources of income mentioned above, the Bird's Nest had struck deals with 15 corporations for sponsorship. The income combined to about 10 million yuan. It had also made a small fortune by turning the steel bars leftover from construction into Olympic souvenirs. It was considering auctioning off the stadium's naming right at an appropriate time, Yang said.
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