Yet most impressive are the more modest homegrown ventures: new boutique hotels, restaurants, small IT shops, printers, event planning, and tourism offerings. (In 2010 alone, 18, 447 new businesses were registered in Rwanda.) A young woman dressed in smart attire urged two visitors to come to her new shop, which sells upscale fabrics and offers custom tailoring.

FORBES: Rwanda: A Stunning Turnaround On A Continent Marked By Broken Promises

This figure includes everything from spectators spending money on accommodation and food and drink, to the funds invested in infrastructure improvement projects, Welsh firms supplying goods and services for the event, and the wider boost it will give to the Welsh tourism sector.

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The event was designed to promote tourism to Taiwan and encourage would-be visitors to check out the Taiwan tourism website.

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If the event comes off without too many hitches, it could boost investment and tourism in the long run.

ECONOMIST: The economic impact of the games

The staging of the event must also form part of a more comprehensive tourism, sports development and business investment strategy demonstrating public and private sector and community support.

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