London bid for the 2012 Summer Olympics being selected by the International Olympic Committee (IOC) when put up against other world cities in a competitive bidding process. On 6 July 2005 at its 117th Session in Singapore, the IOC awarded London the right to host the Games of the XXX Olympiad. The city beat the favourite Paris 54 to 50 on the fourth and final ballot. London is the first city to host the Games three times. At the time of the bid, the budget projection was around £2 billion, but it was later estimated that the true cost would be around £9 billion. The project involved
Olympic House sports. On 11 July 2005, Jacques Rogge, The Chairman of International Olympic Committee, and Timothy Fok, the Chairman of Olympic Committee held the Olympic House Opening Ceremony. The IOC has permitted the use of the official emblem of 2008 Beijing Olympic Games and Olympic Games. This event means that Hong Kong will host the equestrian events at the Hong Kong Sports Institute in Fo Tan, Sha Tin and be one of the Olympic Cities in the world. Olympic House The Hong Kong Olympic House (), originally named Sports House (). The House is in the Hong Kong Stadium, So Kon