According to local organising committee (LOC) chief executive officer Danny Jordaan, South Africa is on track when it comes to its preparations for the Fifa World Cup Soccer in 2010 in South Africa.

"All budgets for the event were submitted and approved by FIFA last year," said Jordaan. "FIFA has approved the appointment of the directors, and the LOC for the World Cup 2010 is now up and running. Germany only formed their LOC in 2002, just four years before the 2006 World Cup event."

"Between FIFA and the LOC, we are in the process of locating and setting up offices locally, which is also proceeding on schedule. We are also working with FIFA on the finalisation of the LOC management organogram."

He added that he was confident that the Soccer World Cup stadium completion target of June 2008 was realistic, considering that many of the 2010 World Cup stadiums already boasted worldclass facilities.

(source: IOL.co.za)