TOKYO -- The cost of building the venue for World Expo 2025 in Osaka is set to clock in as much as 50 billion yen ($330 million) above the last estimate in 2020, due mainly to rising prices for materials and labor, Nikkei has learned.
Economy
Osaka Expo 2025 construction costs now $330m over budget
Rising material and labor prices force 2nd upward revision, up 80% from original bid
The costs for the 2025 Osaka World Expo are ballooning amid rising prices. (Photo by Arisa Moriyama)
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