Over 40 billion rubles (about 1.379 billion U.S. dollars) would be spent for the 27th World University Games which is to be held in 2013 at Kazan of Tatarstan Republic, Russian Prime Minister Vladimir Putin said on Wednesday. Russian federal budget has allocated nearly 27 billion rubles in 2009-2010 for the sport event, while the rest would be regional and personal investment, Putin told local media when he was visiting Kazan to inspect the preparation work of the game. The prime minister expressed his satisfaction on the pace of the preparations, but saying that the progress should not be relaxed. Putin also unveiled a new soccer stadium -- the central venue of the upcoming games that places 45,000 people. By the end of 2010, seven more sporting installations will be opened in Kazan, including 'Olympic Village' for 14,000 guests, swimming pool, medical complex, river terminal and new airport with its own railway link to the downtown. The most challenging problem for Kazan is the modernization of transport facilities, experts from the International University Sports Federation said. 