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 Congress surprising that this Congress was later entitled "The Congress of Unity" as the event was a testimony to the good relationship among the various constituents of the Olympic Family. In 2005, the IOC President Jacques Rogge called for the 13th Olympic Congress to be scheduled for 2009. On 8 February 2006, Copenhagen, Denmark was chosen as the host of the 13th Olympic Congress defeating Cairo, Egypt by 59 votes to 40. With this result, no Olympic Congress has ever taken place outside of Europe. The nine original candidate cities were: Athens (Greece), Busan (South Korea), Cairo (Egypt), Copenhagen (Denmark), Lausanne