London 2012 venues on the right track: IOC

LONDON: The International Olympic Committee's chief inspector said Thursday preparations for the 2012 London Olympics were "on the right track" and seemed unaffected by the global economic downturn.

"We can confirm that London 2012 is on the right track," Denis Oswald, the chair of the IOC's coordination commission, told journalists after his team spent three days visiting the construction sites.

"We had an opportunity to see the (Olympic) Park and for many of us it was the first time since May last year and we were deeply impressed by the progress made.