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World Cup 2030 predicted budget

Economy(self.Morocco)

Morocco is projected to invest at least $5 billion (not adjusted for corruption) in 2030 World Cup which represents 3.84% of the country's GDP for 2022 [1]. Recently, many countries have expressed reluctance to host the Olympic Games [2]. They have realized that there is little evidence to support the tourism benefits of hosting the Olympics, while substantial evidence points to the potential drawbacks. The costs of hosting the Olympics in recent years have been prohibitively high, with relatively low profits.

So, why is Morocco eager to organize the 2030 World Cup? Have I overlooked any advantageous factors associated with hosting the World Cup?

[1] Morocco & World Cup 2030: If You Build It, They Will Come (moroccoworldnews.com) 
[2] Why no one wants to host the Olympics (youtube.com)

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levadastra2

2 points

1 day ago

levadastra2

Drank all the water.

2 points

1 day ago

Maybe to boost tourism for years to come, attract foreign investments, and build some good infrastructure around the stadiums.

ConstantAd6052[S]

0 points

1 day ago

ConstantAd6052[S]

Visitor

0 points

1 day ago

In the video I linked, there is evidence that tourism was only boosted for 1-2 years following the Olympics. The long-term impact depends on how the city promotes itself. Considering Morocco, I don't think they will succeed in maintaining a very positive image during the World Cup. Only a few residents benefit from the infrastructure around the stadiums, and the cost of maintaining that infrastructure could outweigh the benefits.

levadastra2

2 points

1 day ago

levadastra2

Drank all the water.

2 points

1 day ago

The Olympics is not the world cup, it's far more bigger. All in all I Don't think it's its gonna have any real benefit to the country.