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music - The 2012 London Olympic and Paralympic Games is 3 years away and yet projects are in front of schedule.

Lord Coe, chairman of the London Organising Committee told BBC News they've met all 10 milestones the Olympic Delivery Authority (ODA) had set for this stage from the preparations.

"We really are a tiny bit further in front of bang on target. Not only is this project on the right track nevertheless it will in reality deliver some extraordinary prizes," Coe added.

mtv - Recently Lord Coe wrote about these developments within the Telegraph. "When I delivered our bid to the International Olympic Committee in Singapore four years ago, a central part of our commitment would have been to seize the once-in-a-lifetime opportunity of regenerating neglected east London, and also to provide jobs, opportunities and an answer to generations to come. And we're doing that," he wrote.

UK jobs in the capital are benefiting from the developments and definately will keep doing so based on him.

"Our delivery partner, the Olympic Delivery Authority, has sought work worth a lot more than 3.5 billion from 935 companies, while we expect 75,000 work at home opportunities to have become available by 2012," he added. Although the recession might be seen as the worst time ever for just about any country to host a costly event such as the Olympic Games, there are lots of who believe that it may be the reply to surviving it.

wikipedia - BBC News reports on a statement made by IOC president Jacques Rogge who justified his confidence in the united kingdom to host the event during this kind of turbulent point in time.

"The Games have survived hardship before. They have survived and thrived due to the things they mean to the people around the globe," he was quoted saying. "The Games remind us the transient difficulties of life can be overcome through hard work and determination."