(Reuters) - Organizers of the 2020 Tokyo Olympics announced that the planned temporary venue for gymnastics will be converted to a permanent facility by 2019.
Spokesperson for the Tokyo games, Hikariko Ono, stated that the idea behind upgrading the venue was because it could be utilized for business purposes in the future.
The venue will be situated in Tokyo's Ariake area and will have a capacity to seat 12,000 spectators. It will also be in close proximity to venues hosting tennis, BMX cycling and indoor volleyball.
Ono also stated that "specific discussions about sharing of the budget" haven't been held yet since the change in plan means that the budget of construction would be shared with the Tokyo Metropolitan Government.
"In April, the Tokyo Metropolitan Government and the Organising Committee will sign the basic agreement, and based on that we will decide on the concrete sharing of responsibility and budget, that is our understanding at the moment," Ono said.
Organizers aim to have 590 training facilities across the country for the participating athletes.
The Japanese capital also hosted the Olympics in 1964.
(Reporting By Arnab Paul in Bengaluru, editing by Pritha Sarkar)